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.
As a mergers and acquisitions advisor at Sun Acquisitions, Matthew Brunstrum is responsible for actions such as initial deal sourcing, business valuation, confidential business marketing, and due diligence. Beyond his professional pursuits, Matthew Brunstrum enjoys following Chicago area professional sports teams like the Chicago Blackhawks of the National Hockey League (NHL).
The Blackhawks prevented Alex DeBrincat from becoming a restricted free agent next season by signing the 21-year-old forward to a three-year, $19.2 million contract extension on October 3. DeBrincat will make $5.1 million in each of the first two years of the extension and $9 million in 2022-23. He will be the team’s third-highest paid forward behind Patrick Kane and Jonathan Toews when his deal kicks in next season.
A native of Farmington Hills, Michigan, DeBrincat was selected by the Blackhawks in the second round of the 2016 NHL Entry Draft. He recorded 127 points in 63 games with the Erie Otters of the Ontario Hockey League in 2016-17 and debuted with the Blackhawks in 2017-18. He scored 28 goals and added 24 assists that year for 52 points and improved upon those numbers in 2018-19 with 41 goals and 35 assists for 76 points.
Experienced with business valuations, due-diligence research, and negotiating the sale of businesses, Matthew Brunstrum works as the Chicago, Illinois-based firm Sun Acquisitions. When he has time off work, Matthew Brunstrum enjoys the sport of fishing to unwind and spend time in nature.
The experience of fishing can be a fun one, even if you don’t catch much fish. However, learning a bit about the best time and place to fish can help you increase your yield. For example, if you’re casting surface lures on the top of the water, your best times to fish will be dawn and dusk when fish activity is higher. However, on rainy or overcast days, you may have more luck reeling in fish on midday fishing trips.
Another tip is to watch the barometric pressure readings. When the pressure drops, fishes are encouraged to look for food or bait. Lastly, learn about the high tide and low tide times in your area. If the tide is too low, you may have trouble navigating the boat safely, or the area might not have enough water to draw a good number of fish. The best way to learn about the best times and places to fish is to talk to locals who have experience fishing in the area.
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.