Article written by: Michael Schultz, CPA Manager, Transaction Advisory Services When looking to acquire one or a group of restaurants, consideration of an advisor performing a Quality of Earnings (QofE) analysis can be helpful to ensure a fair purchase price and provide a complete understanding of what you are purchasing from a financial standpoint. A QofE analysis normalizes EBITDA (earnings […]
Everyone loves EBITDA! It’s easy to calculate and understand. But you should know this metric’s critical shortcomings before making decisions based on it. Here’s more on the dark side of EBITDA.