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What Is Your MSP Business Worth? | WeeklyST 099



What Is Your MSP Business Worth? | WeeklyST 099
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So what is your MSP business worth? It depends.

When discussing valuation both sides need to come to an agreement. It’s a balancing act. Buyers need to be able to get their money back out of the transaction and sellers need to feel the offer is enough to sell. A deal needs to be a win-win for BOTH sides involved.

As a buyer, there are 3 things I look for that will net a higher valuation; (1) monthly recurring revenue, (2) efficient well-run businesses and (3) a well rounded client portfolio.

For MSP’s struggling to break through growth barriers, who are possibly looking at retirement, it might be time to consider selling. An acquisition can make your life easier and you can ensure that your staff and your clients will be well taken care of.

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WeeklyST is a weekly video series about my thoughts on business, cybersecurITy and living a WHOLLY successful life.

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LeadingIT offers 24/7, all-inclusive, fast, and friendly technology and cybersecurity support for nonprofits, manufacturers, schools, accounting firms, religious organizations, government, and law offices with 10-200 employees across the Chicagoland area.

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