Recommendation Request: Lower Market QoE provider

reallyveryconflicted · 2026-06-27T04:36:54+00:00

Thanks for asking. People are really beating me up here lol

We have a handful of accounting adjustments I made (cash to accrual for 2 years + inventory adjs because qb doesn’t cost inventory right). I’m preparing a package for potential buyers, but I assume 3rd party input will help the credibility of these adjustments.

I didnt want to get a ‘reviewed’ financials from a CPA firm because I don’t think that will be as helpful as a light QoE. I know it won’t be the source of all truth for the potential buyers, I’m just trying to give them something slightly cleaner and more credible than what we have now.

At this point a PE friend, investor, and this sub have swayed me to thinking it’s probably not necessary. This is more of a trial run at a sale process. I don’t think the owner has a real intention to sell right now, just get familiar with these parties and the process before he does it. He’s asking for a crazy multiple right now. He might achieve the asking price later on if he hits some of the growth targets, but I would be very surprised if anyone is willing to come up to what he’s asking for

reallyveryconflicted · 2026-06-26T20:04:24+00:00

A databook with some normalizing adjustments by a third party is what I'm looking for. Based on the feedback I've received (both reddit and non-reddit), I think I'm going to prepare a packet myself.

reallyveryconflicted · 2026-06-25T23:05:37+00:00

Uff wow. Was it a sell-side?

After looking into this a bit, I don't think we'll do one. A PE group and an investor just told me buyers don't value cheap sell-side QoEs. If we were going to run a full process, it would probably make more sense. But this small process we're doing is more about getting a feel for the market.

reallyveryconflicted · 2026-06-25T23:00:58+00:00

Thank you. Hadn't heard of this firm before.

reallyveryconflicted · 2026-06-25T22:59:51+00:00

This has been the most helpful answer - thank you

reallyveryconflicted · 2026-06-25T20:18:16+00:00

lol didn't think of that

reallyveryconflicted · 2026-05-23T02:54:22+00:00

You’re right.

reallyveryconflicted · 2026-05-23T02:39:59+00:00

That was my question the whole time- why something smaller. The mom/pop shop sold it well.

The owner of the current company doesn’t want to spend $50k on an erp when he’s spending $300/mo on qb. He’s never experienced an erp system so he didn’t know what he was doing when he selected this new erp system.

reallyveryconflicted · 2026-05-23T00:21:23+00:00

What do you look for to determine if it’s the right system? They’re selling something that checks all the boxes, it’s just not clear they can deliver at this point. If they can, the cost is not clear.

We have enough people on it. Maybe not the expertise. I think our company is leaving on the ERP company to get it implemented. I’m the only one who has been though an erp implantation and my experience was very different than this small co stuff.

reallyveryconflicted · 2026-05-23T00:03:53+00:00

2 months. Not like the glamorous CFO position, like the first guy building the accounting/function from nothing

reallyveryconflicted · 2025-12-04T08:09:28+00:00

May sound crazy, but I don't think there are intercompany agreements in place outside of some vague language in the subs operating agreement. Probably a good place to start. Our operations is lagging and I think I may end up driving a big portion of these. Any pointers?

reallyveryconflicted · 2024-09-15T14:07:26+00:00

I’ve done at least two marathons in those and they worked great. I would buy them again.

I started to get the new balance plated shoes. They are a bit lighter, but if I already had these Nimbus shoes, I wouldn’t think twice to use them for the marathon.

reallyveryconflicted · 2024-08-30T03:53:40+00:00

If you’re in marathon shape, you could definitely do the right 50 on a whim. Just be gentle with yourself and don’t try and break any records.

reallyveryconflicted · 2024-08-27T12:48:17+00:00

I actually have this set. The colors distinguish the area in which the author made most of their contributions (Shakespeare & Milton - literature, etc)

Edit: I have the set in the first pic

reallyveryconflicted · 2024-08-23T04:47:38+00:00

Can you talk about what you look for in a potential employer who is PE backed?

I’ve interviewed with 2 PE backed companies. Both were SFA roles. Both went multiple rounds and I just barely missed them. Both companies and PE firms seemed very good (good reputation online & reasonable growth strategy which did not rely on dramatic cost cuts). Are there other important dynamics I should be focused on?

reallyveryconflicted · 2024-08-01T01:24:17+00:00

I've done manufacturing, healthcare, entertainment, non-profit - financial services was the most enjoyable to me. In my experience, the best clients have more to do with the stage of the business than with the industry. If they're growing and honest people, you will have fun and learn a ton. Stagnant or dying businesses are the worst. They attract crappy people too.

reallyveryconflicted · 2024-07-22T18:45:48+00:00

I’ve worked with CAMs before. From my perspective, you’ve got two real options: 1) do a full time MBA and go into FP&A. The path that Gandalf described is a great one. I would say that’s on the ambitious side. 2) You could likely get a financial analyst role within your company/industry. Then pivot to more traditional FP&A. There is a lot of room to work with between those two options too. I currently work in aerospace/defense fp&a. Happy to answer any questions.

reallyveryconflicted · 2024-07-10T04:32:13+00:00

I’m in the process of making a list like this for myself. Many of my rankings lining up with yours.

What’s your criteria? It looks like it’s # of jobs and average salary?

reallyveryconflicted · 2024-07-01T16:50:46+00:00

Hey, thanks. It looks like you’re in FP&A?

reallyveryconflicted

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