Articles

Differences in Perceptions: Value of a Propane Business

FIRST SEEN IN BPN | Aldous Leonard Huxley, an English writer and philosopher in the first half of the 20th century, once wrote, “There are things known and there are things unknown, and in between are the doors of perception.” Offers for businesses by buyers in an acquisition market depend on perception of value. And […]

What’s the Multiple All About

FIRST SEEN IN LP GAS MAGAZINE | If you look into how businesses are valued you will likely hear that the most common method is a multiple of EBITDA (Earnings Before Interest Taxes Depreciation Amortization) sometimes referred to as cash flow or operating income.  Actually, when a valuation is performed it is typically done on […]

What’s it Worth to Save Our Industry?

FIRST SEEN IN FUEL OIL NEWS | The heating oil industry is in the fight of its life. We are in danger of continuing to lose market share to other energy sources while under threat of being legislated out of business. As an industry we have recognized many of our shortcomings.  We know that for […]

The COVID Bump

FIRST SEEN IN FUEL OIL NEWS | When the pandemic first wreaked havoc in the business community, no one could have predicted what it would mean for company profitability and values.  Since then we have seen some bumps up and bumps down in value depending on geography and product mix. Marketers in tourist areas such […]

The Biden Effect

FIRST SEEN IN BPN | There is a lot of discussion of how a Biden presidency would affect business taxes and after-tax payouts on the sale of business assets. While we can’t project the future, especially where politics is involved, we can make some educated guesses. There was a recent article in the Wall Street […]


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We were very pleased to have such a knowledgeable and experienced company in our corner with the team at Cetane. It was obvious that they knew the best process and how to get the ball over the goal line. Their advice throughout the process was greatly appreciated and we thoroughly enjoyed working with them.

— Steve Lombardi, Brodeur’s Oil, Moosup, CT