Practical articles, tools and checklists to navigate corporate finance

A 13-week cash flow forecast projects weekly cash receipts, payments, financing movements and available liquidity over the next thirteen weeks.

Accounts receivable days, or DSO, estimates the average number of days a company takes to collect credit sales from customers.

Acquisition criteria are documented strategic, financial, operational and risk requirements used to identify which potential targets deserve further work.

Acquisition financing is the mix of debt, equity, seller funding and other capital used to pay transaction uses and preserve post-close liquidity.

Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a financial metric used to assess a company's operational performance. It modifies the standard EBITDA by excluding non-recurring, irregular, or non-cash expenses to provide a more accurate reflection of ongoing profitability.

Angel investors are affluent individuals who provide capital to startups or early-stage companies in exchange for equity ownership or convertible debt. These investors often offer not only financial support but also valuable business expertise and mentorship.