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MSP Business Simulation Experience.

This hands-on workshop, presented by  This e-mail address is being protected from spambots. You need JavaScript enabled to view it of MSPSN, is set up in a game format where teams make all the decisions about marketing, sales, operations, HR and finance for a managed services provider -- and own the results. By going through the exercise, participants will gain valuable business knowledge, as well as learn techniques and strategies to improve their profits.

Teams of six will experience entrepreneurial business in a competitive market, using a game board to track their progress. Participants learn how business capacity challenges, hiring decisions, pricing strategies and other business decisions are connected and ultimately affect the bottom line. Most importantly, the exercise will immediately benefit your business, giving you actionable ideas on how to grow revenues.

This nearby, low-cost and convenient training is most helpful for resellers who make budgetary decisions for their companies. Because of the intensive nature of the simulation, space is limited to the first 36 registrants. Don't miss out,  This e-mail address is being protected from spambots. You need JavaScript enabled to view it !

You will walk away with:

• A big-picture understanding of your business and how the different areas of the business are interconnected
• A solid understanding of financial statements, the importance of cash flow, the difference between cash flow and profit, fixed and variable costs, and the opportunities and threats of a changing marketplace
• Marketing and sales tools to help you transition away from the single-sale model to the recurring-revenue model
• A complimentary guidebook on finance, designed especially for solution providers

Luby and team realized that one of the largest stumbling blocks for entrepreneurs in the IT industry was in understanding the finance model of running a services oriented organization.  So, MSPSN set out to find a way to help improve the financial literacy and business acumen of entrepreneurs in the IT industry.  MSPSN partnered with Andromeda Training who has been delivering business simulations since 1993, and together they developed the first business simulation game specifically focused on the IT Services Industry.  The MSPSN Business Simulation experience provides a platform for discussing the industry transition away from the single-sale model to the recurring-revenue model and gives them a visual tool for understanding all these items in an IT-specific context in a fun and competitive game format.

Key outcomes include understanding financial statements (income statement and balance sheet), the importance of cash flow, the difference between cash flow and profit, fixed and variable costs, and the opportunities and threats of a changing marketplace. They will see how a decision made in one area will impact not just the bottom line, but also the ability to make good decisions in other areas.