Growth and exit strategies are top of mind for most agencies that have been pounding the pavement for the last decade. Learn more today as Phil Josephson, founder of the Law Office of Philip Josephson, helps agencies, smaller resellers, even CLECs, identify their next plays.
You should always be thinking about where you want to go, he says. One way to do that is to make sure carrier agreements dont hold you back. If a channel partner wants to merge or sell, how the contract is structured determines whether its an asset or liability. Of course, the goal is to make the agreement work in your favor. Even though the economy is having its ups and downs, theres never a bad time to grow, says Josephson. Start thinking now. Money follows money, interest follows interest, he adds.
Josephson has advised many telecom clients. He has a law degree from the University of Miami and an M.B.A. from Columbia University. He is a member of the Florida Bar, the Arizona Bar and the Federal Communications Bar.