#debt structure

Strategy’s debt structure raises concerns amid Bitcoin price drops

When I evaluate small business acquisitions, I don’t just look for what makes a company attractive. I spend just as much time looking for red flags signals that something is wrong, fragile, or misrepresented. Over time, I’ve built a mental checklist of warning signs that almost always show up in bad deals. These red flags don’t always mean I walk away. Sometimes they mean I renegotiate…

One of the most important questions I ask myself when evaluating a business is: Does this company have real competitive advantages, or is it just surviving on momentum? When I first started buying businesses, I underestimated how critical this question was. I looked at revenue, margins, and customer lists, but I didn’t always dig deeply into what made the business defensible. Over time, I…