Veritas Prep Admissions Consultant
Joined: 25 Jul 2010
Affiliations: Veritas Prep
Posts: 1910
Given Kudos: 3
Re: MBA doing business plan competition -- trade some info?
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04 Feb 2013, 21:46
Greg--thanks for your post. sounds interesting, and you may want to reach out to the home office via the Veritas website or phone number for a corporate answer. As an independant consultant, I can tell you that yes, consulting firms like VEritas and others can certainly buy out or be bought out, but it's tricky since most of the people who do the frontline work are 1099's and not employees, so what someone would be buying would essentially be the marketing machine and backoffice/website operations. Since school consulting is not really a repeat business, there would not be very much value in the customer base like other types of consulting service businesses (think traditional business consulting for example, where companies can hire a consulting firm over and over). Just my two cents.