Where is the Market: Where do I sell my MSP Practice?

SMB Community Podcast

Overview:

In this episode of the SMB Community Podcast, hosts James and Amy discuss the viability of selling small MSP practices, emphasize the growing market for small MSP sales, and suggest dual strategies for business growth through acquisitions and marketing. The conversation covers Berkshire Hathaway CEO Warren Buffett's step down and the impact of AI on the job market. They also highlight updates in Microsoft Windows 11 and new features in the Office suite. Lastly, the hosts introduce 'Fizz,' a new party planning app by Instacart, tailored for shared orders and delivery, aiming to simplify gatherings.

1. Warren Buffet is stepping down as CEO of Berkshire Hathaway – will remain chairman

Berkshire Hathaway is preparing for its first leadership change in 60 years after 94-year-old Warren Buffett announced that he will step down as CEO at the end of 2025

2. AI Trends -- 95% CIOs increasing spend on AI tools

39% let go employees and 55% regret it…

This is a HUGE opportunity for MSP’s to learn/market AI as a service

3. Microsoft updates: Windows 11 update and Office a after book

https://www.msn.com/en-us/money/other/microsoft-to-preload-word-minutes-after-boot/ar-AA1E0qSB

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Chapter Markers:

00:00 Introduction and Welcome

02:18 MSP Question of the Week

08:36 Warren Buffett Steps Down

12:02 AI Trends and Impacts

17:47 Microsoft Updates

20:24 Fun with New Apps

23:08 Conclusion and Sign-Off

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Sponsor Memo:

Since 2006, Kernan Consulting has been through over 30 transactions in mergers & acquisitions - and just this past year, we have been involved in six (6).

If you are interested in either buying, selling, or valuation information, please reach out.

There is alot of activity and you can be a part of it.

For more information, reach out at kernanconsulting.com