Don Keninitz is a CPA and Partner at E. Cohen, an accounting firm that provides an integrated suite of tax, assurance, and consulting services in a wide array of industries. Don is skilled at Generally Accepted Accounting Principles (GAAP), Mergers & Acquisitions, and Financial Accounting.
Don has been a Partner at various accounting firms over his vast career, including FedAsyst, LLC, McGladrey & Pullen, LLP, and Friedman & Fuller, P.C.
Here’s a glimpse of what you’ll learn:
- Don Keninitz explains what buyers are looking for when it comes to financial indicators, including revenue and EBITDA
- Some of the biggest mistakes companies make in their Profit and Loss Statement (P&L) that even the CEO isn’t aware of
- Why buyers love working with entrepreneurs
- Don explains how vacation time is an obligation for business owners, and how it fits into the grand scheme of payroll
In this episode…
Why do buyers love entrepreneurs? Why is QuickBooks the bane of any accountant’s existence? How do vacation days play into payroll? Don Keninitz is here to tell you.
On this episode of the Second Bite Podcast, Todd Taskey talks with CPA and Partner at E. Cohen, Don Keninitz, about how accounting plays into the second bite. They discuss the financial records that buyers pay attention to, mistakes to look out for on your P&L statement, how to increase your EBITDA, and much more.
Resources Mentioned in this episode
Sponsor for this episode…
This episode is brought to you by Potomac Business Capital, where we help businesses in the lower middle market maximize their value.
By putting a unique twist on the typical banking process, we create satisfied, wealthy clients who make an impact on the world.
Over the past 15 years, we have perfected our strategies for M&A advising and exit planning to guide clients through everything — from pre-deal planning to closing.
To learn more, visit potomacbusinesscapital.com or email todd@potomacbusinesscapital.com.
