Value of monitoring Contracts?

Nah, Ottawa is full of politicians. Those twits DEFINATELY live in their own version of "la la land".

RHC

Bob's not in Vancouver. Vancouver's official nicks are "Lotus Land" and "La La Land".

:-))

Reply to
R.H.Campbell
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Bob's not in Vancouver. Vancouver's official nicks are "Lotus Land" and "La La Land".

:-))

Reply to
Frank Olson

BTW....It's not "la la land"....if you're talking about someplace in Canada, it "la la land, eh?"

Norm

Reply to
Norm Mugford

Sounds very fair. Now get your customer under an agreement, which your insurance company will probably require anyway, and the account then will be worth approx. 25-30 times the monthly. That multiple changes up or down depending on the amount of accounts you have and the availability of accounts on the market for sale. I have seen it as high as 40 and as low as

20 times. There are some now paying 32 times for good quality accounts.
Reply to
Bob Worthy

Does the multiple depend on the "length" of the agreement?

Reply to
mikey

As a matter of fact ...... some have said that the longer agreements are sometimes not as good as the one or two year agreements. They feel that if a client is going to leave .... they'd rather know during the hold back period, rather than paying the seller and THEN the account leaves. But they always start out wanting contracts a year or more. Two years seems to be the minimum/maximum .... Less than a year is not acceptable at all.

Reply to
Jim

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