Join CoreConnex CEO, Frank Coker, at SMB Nation Educational Track Presentation
7/16/08 at 1:08 PM by Frank Coker HT7A – How to Build Owner Equity Value in Your IT Service Business
Are you taking the right actions to maximize your company’s equity value? Many small actions can have a big impact on your dollar value in the market – both positive and negative.
Without a well grounded financial plan, it is highly likely that you will loose equity value just when you need it most. Most small businesses are not aware of the all-important financial management issues that drive equity value. Most IT service companies are capable of delivering high quality services, but usually miss the mark when it’s time to present their financial picture to a third party. For example, when it’s time to bring on a partner, buy another company, sell your company, get a bank loan, get capital investment, or implement a stock option plan for employees, it’s the company’s financial story that will make equity value come alive.
This session is an MBA crash course for managers and owners of IT service companies (solution providers, VARs, MSPs, software developers and general IT service providers). It will focus on specific actions that will put you in the driver’s seat when it’s time to define the value of your company for any external financial purpose. Understanding these issues can make multiple millions of dollars of difference to you and your company in the long run.
Come prepared to align your business goals with your personal financial goals. We will explore a range of possibilities that will help you set a course. Put the experience of MBA-level financial management to work for your company.
For more more information on SMB Nation, click here. (link – http://smbnation.com/events_listpage.asp?Category=SMB~Nation~Fall~2008&Category2=Conference~Information).
Blog articles on this topic:
Building Equity Value
Perspectives on Profits in an IT Service Company
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CoreConnex specializes in professional services automation (PSA) software for VARs, MSPs, channel distribution partners, IT service providers and other professional service companies. We encourage you to share experiences and perspectives as players in this professional community. This blog is moderated. Comments that are unprofessional or derogatory will not be posted.
This is a very important topic for me. I look forward to seeing you at SMB Nation in October.
I agree, building equity value is an important subject and sound financial management is what allows you to build equity and is absolutely critical for serious technology service companies. See you at SMB Nation!