Re: Value of monitoring Contracts?

["R.H.Campbell" <rh.campbell@xxxxxxxxxxxxx>]

Absolutely not so. You are dead wrong. The world is changing and you can't
even see it. I suggest you talk to your banker if that's truly what you are
counting on when it comes to selling your accounts.

For the record, I have two other potential buyers who have approached me.
Neither care that much about the contractual term. Perhaps it's different in
your area, but I can't see how...

But have it your way.

RHC

"Jim" <alarminex@xxxxxxx> wrote in message
news:1125464040.415105.79930@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
>>
> What you've forgotten to mention is that the length of the term of the
> contracts will weigh more towards the dollar offer,  against all the
> other items put together. In todays market, if you rated 100 percent on
> all of the items you listed, and you didn't have one year or longer
> contracts, you'd get about 30 percent less for your accounts. When a
> company comes in to do a due diligence the first thing they look at is
> the contract and the term and how many of them you have. You ask a
> price. They make an offer. If it's close,then the examination of all of
> your accounts, company history, attrition, good will etc. When that's
> completed, if it's all in line they'll likely increase their bid.
> Without contracts, some wont even take the time to do the due
> diligence. All of the other items on your list is just icing on the
> cake.
>
> You may have someone in the wings, who knows you who is willing to buy
> accounts on the basis of personal knowledge of you and your integrity
> and work ethic. On that basis, you may do better. In the open market,
> sorry ...... but you loose.
>
> Want to do a test run? Take your contracts and go to the bank and ask
> them for a loan using them for colateral. You'll get an excellent idea
> of whether your "business plan" is useless or not.
>