If your goal is to increase recast EBITDA, there are several value drivers: Increase sales, Lower the cost of goods sold, and control operating expenses.
You can also increase economic value by reducing the risk in a venture. This can be done by reducing business risk, reducing the cost of capital, reducing customer concentration, or broadening the management structure.
Finally, employing additional high yielding capital is a way to increase economic value. This can be done by Improving investment decisions, or by decreasing the capital base...withdrawing or liquidating underperforming businesses or lines.
("Private Capital Markets, Valuation, Capitalization and Transfer of Private Business Interests", Robert T. Slee, John Wiley & Sons)
