B2B CFO Extends Leadership Position in Mid-Market Business Transitions

B2B CFO Extends Leadership Position in Mid-Market Business Transitions

Company sees widespread adoption of its proprietary exit strategy software, increased demand for expertise as owners of mid-market companies struggle to sell their businesses MESA, Ariz. [May 19, 2016] – B2B CFO, nation’s largest CFO and business transitions services firm, today released a summary of its Partners expertise in exit strategy leadership, highlighting a rapidly expanding client roster for business transition work and widespread adoption of the firm’s proprietary exit strategy software. The summary, completed through a survey of the firm’s 233 Partners in April 2016, showcased expertise featuring 1,621 completed business transitions with more than $51 billion in sales value. With an average of seven business transitions per partner, B2B CFO has moved into a leadership position as the largest source of mid-market business transition experts in the nation.   “Reaching this milestone affirms our leadership role in mid-market business transitions,” said Jerry L. Mills, CEO and Founder of B2B CFO. “Our Partners bring unparalleled expertise and talent to guide business owners going through a sale or acquisition, which typically is an extremely turbulent time in their lives. Combined with the tools, technology and resources that we have created specifically for exit work over the last three years, it is no surprise to me that more and more owners are turning to our Partners for strategic solutions.”   B2B CFO added its exit services to complement its CFO services portfolio in 2013. Since then, the firm has published guidebooks, certification programs and even created proprietary software to assist business owners of privately-held, small and mid-market companies in the sale of their businesses. The firm’s Partners are noting an increase...
Award Winning Author and Inc. Magazine’s Editor-at-Large Bo Burlingham to Keynote B2B CFO’s Annual Meeting

Award Winning Author and Inc. Magazine’s Editor-at-Large Bo Burlingham to Keynote B2B CFO’s Annual Meeting

MESA, Ariz. [November 5, 2015] – B2B CFO, the nation’s largest CFO and Exit Strategies firm for privately held businesses, announced today that award winning author and Inc. Magazine’s Editor-at-Large, Bo Burlingham will keynote the National Partners Meeting to be held April 28-30, 2016. The invitation-only annual event that brings together all of B2B CFO’s Partners from across the country along with sponsors and special guests will be hosted at the Scottsdale Resort and Conference Center in Scottsdale, Arizona. “We’re so pleased to have Bo Burlingham as speaker,” said Jerry L. Mills, founder and CEO of B2B CFO. “Each year, our goal is to provide our Partners and all conference attendees with the latest insights to stay at the leading edge of our industry and ahead of competitors.  Bo has a unique understanding of the exit strategies marketplace and has been doing a fantastic job following and reporting on the market trends.” Bo Burlingham joined Inc. Magazine in January 1983 as a senior editor and became executive editor six months later. In 1990, he became Editor­at­Large to focus on more writing and subsequently wrote two books with Jack Stack, the co­founder and CEO of Springfield Remanufacturing Corp.  and the pioneer of open­book  management. One of the books, The Great Game of Business, has sold more than 300,000 copies. The other, A Stake in the Outcome, has been called “the first management classic of the new millennium.” Burlingham co-authored with Norm Brodsky the popular monthly column in Inc. called “Street Smarts,” which was a finalist for a National Magazine Award, the highest honor of the magazine industry. In Bo Burlingham’s latest...
U.S. Chamber of Commerce Names B2B CFO Among Nation’s Top 100 Small Businesses at the 2015 Small Business Summit

U.S. Chamber of Commerce Names B2B CFO Among Nation’s Top 100 Small Businesses at the 2015 Small Business Summit

U.S. CHAMBER OF COMMERCE NAMES B2B CFO AMONG NATION’S TOP 100 SMALL BUSINESSES AT THE 2015 SMALL BUSINESS SUMMIT    B2B CFO’s Founder Jerry L. Mills brings top concerns of Small Business Owners and discusses Free Enterprise with members of Congress and Press   MESA, Ariz. [July 7, 2015] –    B2B CFO, the nation’s largest CFO and Exit Strategies firm for growth-oriented, privately held companies, was honored by the U.S. Chamber of Commerce with the prestigious  Blue Ribbon Award.  Selected from a record number of applications, B2B CFO was among 100 businesses in the nation, and the only Arizona-based company, honored by the U.S. Chamber at the 2015 Small Business Summit held in Washington, D.C.  June 8 – 10. The Blue Ribbon Award winners were selected for their dedication to the principles of free enterprise, especially their contributions to restoring jobs and prosperity. “As the business community has worked hard to do its part in moving the country forward economically, small businesses have continued to be the driving force responsible for much of our progress,” said U.S. Chamber President and CEO Thomas J. Donohue. “Our Blue Ribbon Award winners are the best of the best—growing and succeeding despite significant challenges.” Jerry L. Mills, B2B CFO’s Founder and CEO attended the Small Business Summit to receive the award and participate in congressional meetings to discuss the importance a political climate that supports small business and free enterprise. “We are honored to receive this award in recognition of the 200+ Professionals in our firm who work hard each day to empower owners of privately held businesses around the country with strategies...
B2B CFO’s “Certified Business Transition Expert” Designation Closes the Gap in Successful Business Sales

B2B CFO’s “Certified Business Transition Expert” Designation Closes the Gap in Successful Business Sales

As small business transactions reach record high levels, new certification allows B2B CFO Partners to guide business owners through sale process MESA, Ariz., Dec 18, 2014 (BUSINESS WIRE) — Small business sales increased again this year, giving strong validation to a trend that B2B CFO Partners have closely followed. B2B CFO, the largest CFO services firm in the nation, has been on the forefront of the exit strategy developments, monitoring the pace of the market and creating resources for business owners. In addition to publishing an exit strategy guidebook and developing a proprietary software platform that helps owners understand and examine the sales process, B2B CFO also introduced a new certification program specifically designed to prepare the firm’s Partners for guiding business owners through the complex issues of selling their companies. Today, B2B CFO is proud to announce that currently 121 out of the firm’s 211 Partners have passed the strenuous exam and earned the Certified Business Transition Expert™ designation. The new designation allows B2B CFO Partners to help business owners prepare for and execute their business transitions. Business transitions range from a sale to a third party, an Employee Stock Ownership Plan (ESOP), or to a family member and are typically the single largest event in an owner’s business life. “A deep understanding and knowledge of the complex dynamics involved in a sale of a business is a critical element for success in today’s economy,” said Jerry L. Mills, founder and CEO of B2B CFO. “We have worked extremely hard to build this certification program for our Partners. We have brought in experts and outside industry specialists to ensure...
B2B CFO SALUTES VETERANS AND LAUNCHES PROGRAM TO SUPPORT VETERAN-OWNED SMALL BUSINESSES

B2B CFO SALUTES VETERANS AND LAUNCHES PROGRAM TO SUPPORT VETERAN-OWNED SMALL BUSINESSES

  New community outreach program aims to help Veterans grow their businesses by connecting them to free consultation with B2B CFO’s Partners   MESA, Ariz. [November 11, 2014] –     Veteran-owned businesses can now receive free consultation and help from B2B CFO. B2B CFO is the nation’s largest CFO firm dedicated to providing chief financial officer services to privately held companies.   Starting this November 11th to commemorate Veterans Day and continuing through the end of the calendar year 2014, B2B CFO Partners are offering free one-hour consulting sessions to veteran-owned businesses. “The brave men and women who serve our country are true American heroes,” said Jerry L. Mills, Founder and Chief Executive Officer of B2B CFO. “Assisting veteran-owned businesses and entrepreneurs with our resources and talents is truly an honor.  In our role as B2B CFO Partners we are well prepared to help business owners get access to capital, funding and discuss best strategies for growth or transition.” In addition to launching the program to assist veteran-owned businesses, B2B CFO salutes the firm’s Partners who have served in the military.    “We would like to honor all who served, extending special recognition to our Firm’s Partners,” added Mills. Veterans among the B2B CFO Partners include:   •           Jim L. Anderson, US Army 420th Engineering Brigade (1970 – 1974) •           John Angelilli, US Air Force, 20th strategic air command (1977 -1982) •           Gerry C. Braun, US Army, 5th Finance Section •           Boyd Calvin,  US Air Force and California National Guard (1971 – 1977) •           Dave Casebere, US Air Force (1973-1995) •           Ed Coombs, USMC and USMCR  (1983-1986) •           Dan Jackson, US Army...
Heads up from B2B CFO® – 2014 Tax Updates

Heads up from B2B CFO® – 2014 Tax Updates

Tax Rates Have Gone Up Significantly! THE TOP INCOME TAX RATE as well as the top short term capital gains rate WENT FROM 35% IN 2013 TO 39.6% IN 2014 – AN INCREASE OF 13.14%. The LONG TERM capital GAINS rate WENT UP FROM 15% TO 20% – A 33% INCREASE . Additionally, there is a 3.8% Medicare tax which is added to the long term rate for an effective tax rate of 23.8% — an increase of 58.6% ! As a result, many business owners who have made significant profits this year are looking for ways to protect themselves from the IRS and shelter money for 2014. Most business owners don’t realize that, depending on their situation, they can potentially deduct and save over $250,000 a year PRE TAX in corporate retirement plans — not just the $17,500 that can go into a 401(k) plan for 2014. Additionally, the Pension Protection Act of 2006 has mandated plan documents be amended to comply with current legal and regulatory guidance starting this year. Failure to adhere to current regulations can result in penalties and even plan disqualification. There is still time to review the retirement plan design, funding, and administration of client retirement plans for 2014. Additionally, it is NOT too late to start a new plan and make deductions for 2014. As stated, there is still time to create the right plan for 2014, but the window is closing fast. We have resources that can help with this, so reach out to B2B CFO® and see how we can...