Category Archives: Business

The Importance of Letting Your Bank Know Your Travel Plans

  The recipient of a bachelor’s degree in finance from Indiana University, Matthew Brunstrum is an advisor at Sun Acquisitions, where he provides merger and acquisition services to business clients. Outside of his professional pursuits, Matthew Brunstrum enjoys traveling.

Planning for a trip requires a lot more than simply packing a suitcase. One of the most important things to remember is to alert your bank or credit card company of your travel intentions. Most financial institutions track your spending patterns to prevent against card theft and might interpret unexpected purchases from different countries as fraudulent. Consequently, your debit or credit card could be locked following unexpected charges.

Calling your bank or credit card company before the trip ensures you can use your card without worrying whether it will be locked. It might also be helpful to ask which number you can reach them at if your card is stolen and subjected to actual fraudulent charges. Moreover, it’s especially crucial to alert your bank beforehand if you plan on visiting a destination with limited cell service as you may end up stranded with no way of accessing your own funds. Some banks and credit card issuers even allow you to alert them of travel plans via mobile apps or websites.

Accurately Valuing a Business

Since 2017, Matthew Brunstrum has served as an advisor for Sun Acquisitions, LLC, in Chicago, Illinois. In this capacity, Matthew Brunstrum assists clients with the completion of mergers and acquisitions in the lower middle market. This involves completing everything from deal sourcing and marketing to business valuations.

Whether you’re buying or selling a business, conducting a valuation is an essential part of the process. There are several ways you can value a business. The crudest method entails looking at the revenue streams of the company and multiplying the different values. If you have a company that brings in $150,000 in revenue a year, for example, and other businesses in the same market usually sell for about twice their sales, then the company may be valued at around $300,000.

However, revenue does not equal profit, and companies could be bringing in $150,000 in revenue while having a profit of only $50,000. Because of this, it’s usually best to look at a company’s earnings when completing a valuation. This does require some estimation since you must predict what a company’s earnings will be over the next several years. For instance, just because a business has made $10,000 in profit for the current year doesn’t mean that the company will continue making that much over the next five years.

To get the most accurate valuation possible, many professionals rely on a company’s seller’s discretionary earnings (SDE). This calculation includes non-cash expenses and expenses reported to the IRS. In addition to this, SDE calculates the owner’s salary and benefits. You multiply this final number by different multiples based on the location, size, and assets of the business as well as the volatility of the market in which it operates.

Sun Acquisitions Welcomes Mike Vaughn as Senior Advisor

Matthew Brunstrum
Matthew Brunstrum

Matthew Brunstrum is a wealth management professional with several years of experience in the financial sector. Matthew Brunstrum joined the Sun Acquisitions, a Chicago-based mergers and acquisitions firm in 2017 as an advisor.

The M&A firm continues to expand its advisory team, with Mike Vaughn joining as its senior advisor, bringing over three decades of experience to the position. Much of Mr. Vaughn’s experience in mergers and acquisitions have been in the manufacturing industry, holding roles with Ashland Chemical, Dow Chemical, and GE Plastics. By joining Sun Acquisitions’ experienced team, Mike Vaughn looks forward to developing his expertise in the business brokerage area.

Domenic Rinaldi, the managing partner of Sun Acquisitions, stated that hiring Mike Vaughn will help expand the firm’s physical presence in the Midwest. He also highlighted the fact that Mike Vaughn’s expertise, combined with the M&A firm’s experience, will enhance the company’s mission of bringing value to each of its clients.

Sun Acqusitions Facilitates Purchase of Zircon Precision Products

Sun Acqusitions

Matthew Brunstrum is a financial professional with several years of experience in the industry. Matthew Brunstrum currently serves as an advisor to Sun Acquisitions, a Chicago-based mergers and acquisitions firm that primarily works with middle market companies across the United States.

Sun Acquisitions works as an advisory company and has been involved in a variety of sales in the past few years, with one of the most recent being CLM Equity Partners’ purchase of Arizona-based aerospace company Zircon Precision Products. Zircon produces specialized aerospace products for both the commercial and military sectors, with the company gaining a reputation for its precision manufacturing process.

According to CLM Equity Partners president and CEO Matthew Locci, the company will work to continue Zircon’s legacy into the future. He also commended the controlled and thorough approach that Sun Acquisitions brought to the acquisition process, which he adds placed CLM in the best position possible when making the purchase.