Add-backs are one of the most powerful tools in a business seller’s arsenal — and one of the most abused. Done right, a properly documented add-back schedule can legitimately increase your normalized earnings by 20, 30, sometimes 50 percent above what your tax return shows. That translates directly into a higher valuation and more money […]
How to Build a Seller’s Discretionary Earnings (SDE) Statement That Holds Up Under Due Diligence
Your SDE statement is the most important financial document in your business sale. Not your tax return. Not your profit and loss statement. Not your balance sheet. Your SDE statement. It is the document that tells buyers, their lenders, and their advisors what your business actually earns — stripped of tax strategy, personal expenses, and […]


