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Navigating Finance: Career Insights and M&A Fundamentals
This chapter explores an individual's journey through the finance and mergers and acquisitions industries, detailing key career shifts, including the formation of a new firm post-financial crisis. It emphasizes the relevance of understanding EBITDA and quality of earnings for business valuation, while also discussing the growing interest of private equity in home services. The narrative offers valuable lessons on financial management, the importance of accurate financial statements, and the unique challenges faced by small businesses.