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Love Can’t Be Blind: Preparing for a Business Transfer to Children or Insiders

Successful business owners do a lot of things well, and they make it look easy. This is often a sign of well-running processes and years of discipline. However, it can also be a trap for successful business owners who intend to pass their businesses onto their children or business insiders. While you may love the …

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How to Remove “I Can’t Retire” From Your Planning Mindset

There’s a big difference between not wanting to retire and not being able to retire. Even business owners who intend to die at their desks can appreciate the safety net of financial independence should something unexpected occur. But many business owners look forward to an ideal future without implementing the proper planning to achieve it. Today, we’ll discuss …

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3 Value Drivers You Can Start Installing Right Now

An Important aspect of growing a successful business is creating transferable value. Transferable value is what your business is worth to someone else without you at the helm. Whether you plan to retire or die at your desk, transferable value is what increases business value. To create transferable value, you’ll need to install several Value …

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How to Value and Sell Managed IT Service Firm

Managed Service Provider companies can be sold for a premium in today’s market.Managed Service Providers (MSPs), sometimes referred to as IT Service Providers, come in all shapes and sizes. In the “Businesses-for-Sale” marketplace, MSPs are generally considered to have less risk and greater growth potential than other businesses. For those reasons, MSPs tend to fetch premium …

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Why IT Managed Service Provider Businesses Are Being Acquired Part 2

In our previous blog post titled, Why IT Managed Service Provider (MSP) Businesses Are Being Acquired? , we discussed the current market frenzy over cloud-based technologies and the heightened activity with mergers and acquisitions within the Managed Service Provider industry. In this article, we cover a few more important factors contributing to higher valuation of IT …

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Why IT Managed Service Provider Businesses Are Being Acquired Part 1

There is an acquisition frenzy over cloud-based technologies in the marketplace today.If you are a business owner in this industry, this should interest you. A primary factor is heavy demand for managed services by banks and healthcare in the light of market and regulatory changes. Second, talent scarcity and changes in consumer behavior. These are …

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