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Comments on What steps can I take to prepare my alarm company for sale
December 14, 2023
Comments on What steps can I take to prepare my alarm company for sale from article on December 5, 2023
          Thanks. We at AFS believe you should run your company as if you were going to keep it forever or going to sell it tomorrow. We know how to do that because we have done it. Your comment on requiring your firm to be retained as counsel for you to be their broker is totally appropriate and extremely important. No matter how many years of experience we have we DO NOT give legal advice — EVER.
Jim Wooster Sr
cell 917 747 5379
Another comment
          Companies hire Alarm Financial Services to help clean up exactly what you’ve laid out in your recent article on December 5, 2023, "What steps can I take to prepare my alarm company for sale”.
          In our experience, and to our continued surprise, having good contracts for every customer is one of the biggest deficiencies we still see.  The good news is we have a proven system for obtaining new contracts consisting of an email, mail and phone follow-up campaign and using electronic document services such as DocuSign.
          Two additional comments regarding your checklist:  
  1) As a lender, we would prefer to say, “use debt strategically” instead of avoid debt.  For example taking out a loan to make an acquisition is certainly a good use of debt.  
  2) Following your checklist will benefit a dealer TODAY even if they are not contemplating a sale for many years.
   Thanks for providing this great forum!
Jim Wooster, Jr.
Alarm Financial Services, Inc.
866-204-9350 ext 1200
415-509-4750 cell
415-927-5317 fax
          Two great minds; an apple doesn’t fall far from the tree…..

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Ken Kirschenbaum,Esq
Kirschenbaum & Kirschenbaum PC
Attorneys at Law
200 Garden City Plaza
Garden City, NY 11530
516 747 6700 x 301