Sessions:
Adhering to accounting best practices will help you “see” your business better, best hook into your other tools like a PSA, show sustainable profitability, and drive value creation. Looking at your business as an outsider and running it to maximize profitability instead of a main goal to hide from the taxman is what creates wealth and less headaches down the road if and when you want to ever sell. This is regardless of whether that buyer is a current partner, family member, employee, merger partner or outside entity buyer. Understanding your P&L, balance sheet, and cash flow while also knowing how to use it to your advantage is a must for the President or CEO of any size MSP.
George Sierchio
EVP & Sr. Partner, Cogent Growth Partners LLC
George Sierchio is an entrepreneurial veteran having owned and operated several successful technology services and business consulting companies over a span of over 25 years. This includes his work as a consultant and advisor to owners of IT services companies providing guidance in profitability, overall growth, and mergers & acquisitions related activities. Specific to M&A in his role of EVP & Sr. Partner at Cogent Growth Partners, LLC for the past 13 years, George is well versed in many areas including growth strategy, acquisition targeting/evaluation, valuation, due diligence, deal structure, agreement development/negotiation, and corporate governance. He’s led over 50 buy, merge or sell transactions involving managed, cloud, cyber security, and IT consulting services companies.
Sessions:
Adhering to accounting best practices will help you “see” your business better, best hook into your other tools like a PSA, show sustainable profitability, and drive value creation. Looking at your business as an outsider and running it to maximize profitability instead of a main goal to hide from the taxman is what creates wealth and less headaches down the road if and when you want to ever sell. This is regardless of whether that buyer is a current partner, family member, employee, merger partner or outside entity buyer. Understanding your P&L, balance sheet, and cash flow while also knowing how to use it to your advantage is a must for the President or CEO of any size MSP.
