Comments on: Consolidation Among Chinese Outsourcing Companies http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/ Successful Outsourcing to China Mon, 09 Nov 2009 02:02:07 +0000 http://wordpress.org/?v=1.5.1-alpha by: China Law Blog http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/#comment-12 Wed, 04 Jul 2007 20:17:37 +0100 http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/#comment-12 <strong>China Outsourcing -- Consolidation Waiting (And Waiting) To Happen</strong> The Go East--Outsourcing to China Blog recently did a post on Chinese outsourcing companies, highlighting the lack of expected consolidation of such companies.&nbsp; Entitled, &quot;Consolidation Among Chinese Outsourcing Companies,&quot; the article n... China Outsourcing — Consolidation Waiting (And Waiting) To Happen

The Go East–Outsourcing to China Blog recently did a post on Chinese outsourcing companies, highlighting the lack of expected consolidation of such companies.  Entitled, "Consolidation Among Chinese Outsourcing Companies," the article n…

]]> by: China Law Blog http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/#comment-10 Tue, 06 Jun 2006 21:27:52 +0100 http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/#comment-10 Gosh, thanks for calling me in on this one, but I think your explanations have pretty much covered the waterfront of possiblities and I think those explanations apply generally to Chinese businesses, not just to software companies. One thing we are finding is that Chinese companies often have no real clue on how to value their businesses and this makes negotations extremely difficult, sometimes impossible. Sometimes the business owner will ask a certain amount for a business based on the years, the money, and the hard work he has put into it, rather than its true market value. I have definitely seen this even in the United States, but here the selling company's own accountant or lawyer is well positioned to explain how business sales work and a sale can usually be arranged. In China, where the business owner tends to be far more independent and secretive, he usually does not have any friendly voices telling him what he needs to do to make his business marketable. Gosh, thanks for calling me in on this one, but I think your explanations have pretty much covered the waterfront of possiblities and I think those explanations apply generally to Chinese businesses, not just to software companies. One thing we are finding is that Chinese companies often have no real clue on how to value their businesses and this makes negotations extremely difficult, sometimes impossible. Sometimes the business owner will ask a certain amount for a business based on the years, the money, and the hard work he has put into it, rather than its true market value. I have definitely seen this even in the United States, but here the selling company’s own accountant or lawyer is well positioned to explain how business sales work and a sale can usually be arranged. In China, where the business owner tends to be far more independent and secretive, he usually does not have any friendly voices telling him what he needs to do to make his business marketable.

]]> by: Health Pundits http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/#comment-9 Thu, 25 May 2006 20:58:55 +0100 http://chinaoutsourcing.blogsome.com/2006/05/25/consolidation-among-chinese-outsourcing-companies/#comment-9 <strong>Learning Curve</strong> I was blessed with the curse of inheriting a very serious job at a very unserious age – when I was a sophomore in college, I stumbled upon the partner at a mid-size private equity firm in New York City... Learning Curve

I was blessed with the curse of inheriting a very serious job at a very unserious age – when I was a sophomore in college, I stumbled upon the partner at a mid-size private equity firm in New York City…

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