What Happened To The Value of My MSP Practice?
If you read one blog this week that prompts you to actually do something meaningful in your MSP practice, please make it this one. I have seen a lot of MSPs brag over the years about how well they are doing, how much money they bring in, and how cool their NOC is. This behavior stands in stark contrast to how they act when it comes time to either sell or value their company.
Charles Weaver - Dec 03rd, 2009 - Articles
It is worth mentioning that many MSPs do not have long term contracts. MSPs seem to find month to month contracts easy to sell or they have contracts that they let lapse. I would strongly urge MSPs to focus on 2 and 3 year contracts in order to drive valuation of their firm.