Budgeting process becomes a huge tug-of-war … because there is a lot at stake in terms of resources, bonuses, and pride. Unfortunately, many companies give it little effort or they forgo the process entirely. However, budgets and projections are very important, especially in the world of M&A. When selling a business, projections are important for […]

Many businesses are “in a box”, that is, stuck within a range of revenues and profits. Some boxes can be velvet-lined and comfortable; others are lined with sandpaper. More from our partner Tom Kastner in his article ….