BREAKING NEWS

BMF Wins Best of Accounting® Award

We have been awarded 2021 Best of Accounting Award for providing superior client service. BMF received significantly higher satisfaction scores than the industry average.

Articles & Publications

2021 Client Letter: A Year in Review

view PDF Dear Clients, Friends and Community Partners, For the first time in over 25 years, our annual client letter has both a new look and a new voice. This is the first year we’re coming to you by. Read More >>

Navigating Challenging Times: Protect Your Cash Flow

Social distancing. Remote workforces. Making payroll. Information overload. Running a business isn’t easy under ordinary circumstances, let alone during the unprecedented volatile economic environment driven by the COVID-19 crisis. We need to take care of each other and that. Read More >>

Optimizing Capital Structure and the Level of Debt Assumption

Notwithstanding purely theoretical arguments that investors should be indifferent to capital structure, in practice the relative combination of debt and equity capital utilized in calculating the weighted average cost of capital (WACC) can have a material impact on a. Read More >>

Purchase Price Agreements: You Don’t Have to Walk on Eggshells

The initial offer a business buyer makes to a seller is rarely set in stone. In most cases, the two parties must negotiate purchase-price adjustments (PPAs) — differences between the originally stated and the final price at closing. Why. Read More >>

Valuation Truths: Beware of Rules of Thumb

February 27, 2018 Valuation Advisor

Many have heard that if you’re in the fill-in-the-blank industry, your business should sell for a fill-in-the-blank number times fill-in-the-blank measure. These types of guidelines are widely discussed and generally accepted. There’s only one problem: they are rarely correct.. Read More >>

Business Valuation: What’s It Worth, and to Whom?

What is a business worth? It depends on a lot of things. A better question is: What is a business worth to whom? Every valuation has a purpose, and different purposes require different standards of value. For example, if. Read More >>

Transparency can pad a business’s price tag

CRAIN’S CLEVELAND BUSINESS – Best Practices in M&A Issued the week of January 16, 2017 By Mark B. Bober Most studies suggest that 70% to 90% of acquisitions fail to generate the investment returns targeted by the acquirer. M&A. Read More >>

Watch Out for These Common M&A Deal Obstacles

Everything may be going according to plan in an M&A negotiation until something suddenly puts the entire deal in doubt. Perhaps the buyer gets cold feet after conducting a round of due diligence or the seller feels insulted by. Read More >>

Finding the Value of a Noncompete Agreement

Noncompete agreements help businesses retain valuable employees, safeguard inside information and prevent unfair competition. But although they’re designed to protect companies, they can also put them at great risk if they’re not properly structured and maintained. It can be. Read More >>

Valuation Insights: The Red Flags of Fraud

February 16, 2016 Valuation Advisor

Business valuations often uncover questions about the choices made by business owners. Unfortunately, sometimes the questions lead to a determination of financial statement fraud. According to the Association of Certified Fraud Examiners (ACFE) Report to the Nations on Occupational. Read More >>