Key employee dependency is one of those business risks that rarely gets the attention it deserves. We spend enormous amounts of time looking at sales, margins, wages, cash flow and profit, while some of the most valuable assets in the business are walking around carrying years of knowledge inside their heads. There is usually one…
Month: August 2026
The Magic of Owner Wages in Due Diligenceā¦
As someone who always seems to have a due diligence or two happening at any one time, I have learnt that net profit has far more authority than it deserves. It sits proudly at the bottom of the financial statements looking like the final answer, while everything that happened above it is treated as unnecessary…