Craig Beck - Discover the Advantages of EBITDA & Working Capital (#83)

On this episode of the Maximize Business Value Podcast, host Tom Bronson chats with Craig Beck, Owner of Beyond CFO, about EDITDA and working capital. Craig defines each term for listeners and walks you through why they are important to understand. Craig also talks about how to treat ‘discretionary’ expenses in a valuation and teaches you how to calculate working capital. Business owners who understand their expenses have a huge advantage in the marketplace. Listen now to set yourself apart!With 20+ years of senior management experience as a business owner, CFO, attorney, and engineer, Craig Beck can help you detect financial, legal and operational issues, determine how the interrelation of those issues may impact your business, and help you develop and implement a strategy to remove those barriers to greater success of your company. Understanding and helping achieve what’s important to you and your business is his priority at Beyond CFO. The main goal is to move things off your plate to reduce stress and help you leverage your most valuable resource - TIME. He works with owners of privately-held, middle-market companies, providing on-demand, as-needed, long-term support as a financial-minded business partner to increase the value of their business. Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom’s career 100 business transactions as either a business buyer or seller. As a business owner himself, he has been in your situation a hundred times, and he knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom can help you?  Reach out at [email protected] or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).Mastery Partners, where our mission is to equip business owners to Maximize Business Value so they can transition their business on their terms.  Our mission was born from the lessons we’ve learned from over 100 business transactions, which fuels our desire to share our experiences and wisdom so you can succeed.Mastery PartnersElevating Businesses to Achieve The Business Owner’s Dream Exit The unfortunate reality is that for every business that comes on the market (for whatever reason), only 17% of them achieve a successful exit. You read that right. 83% of attempted business transitions never reach the closing table. Mastery Partners is on a mission to change that. We ELEVATE businesses to achieve maximum value and reach that dream exit.Our objectives are simple - understand where the business is today, identify opportunities for dramatic improvement, and offer solutions to enhance the business, making it more marketable and valuable. And that all starts with understanding the business owner’s definition of his or her dream exit.  Mastery has developed a 4-Step Process to help business owners achieve their dreams.STEP 1: Transition Readiness Assessment STEP 2: Roadmap for Value Acceleration STEP 3: Relentless Execution STEP 4: Decision: Now that desired results are achieved, the business is ready for the next step in the journey!CONNECT WITH MASTERY PARTNERS TO LEARN MORELinkedInWebsite© 2025 Mastery Partners, LLC.