B2B CFO RECEIVES THE PRESTIGIOUS FORBES “AMERICA’S BEST COMPANIES” AWARD AT THE 2018 SMALL GIANTS SUMMIT

B2B CFO RECEIVES THE PRESTIGIOUS FORBES “AMERICA’S BEST COMPANIES” AWARD AT THE 2018 SMALL GIANTS SUMMIT

Founder, Jerry L. Mills, Accepts “Best Small Businesses in America” Award on Behalf of all B2B CFO Partners in New York City    Mesa, Ariz. November 1, 2018 –   B2B CFO®’s Founder and Chief Executive Officer, Jerry L. Mills traveled to New York City in October 2018 to attend the “invite-only” Forbes Small Giants Summit and receive the official “Small Giants” Best Small Businesses in America award. B2B CFO® is nation’s largest firm dedicated to serving privately held companies with CFO and business transition services.  Earlier this year, in May 2018, the company was named as one of the 25 nationwide recipients of Forbes’ Small Giants award.  This award program is managed by Forbes magazine in partnership with the Small Giants community.  It recognizes 25 businesses that choose greatness over growth and demonstrate commitment to community and industry excellence. The companies that become Small Giants are all privately owned, profitable, and at least ten years old. Founded in 1987, B2B CFO® has for three decades demonstrated steady growth, adding Partners and expanding resources and solutions that help owners of privately held companies grow and sell their businesses. “B2B CFO® is an amazing company. The company made a profit, year after year.  The company has made a consistent effort to be great,” said Bo Burlingham, author and Forbes columnist during the Small Giants Awards ceremony in New York City, held at the Forbes on Fifth Headquarters on Monday, October 29th, 2018. “We are honored to be among America’s Best Small Companies. Receiving this award is validation of the values and the ongoing effort of each of our Partners.  At B2B...
B2B CFO Strengthens Position as Industry Leader Serving More than 1,000 Clients with Combined Revenue of $16.8 Billion

B2B CFO Strengthens Position as Industry Leader Serving More than 1,000 Clients with Combined Revenue of $16.8 Billion

B2B CFO on Track for Record-breaking Year MESA, Ariz. — B2B CFO, the nation’s largest firm dedicated to serving privately held companies with CFO consulting and business transition services, is further strengthening its leadership position this year with national recognition, increased number of clients, and overall improvements to its industry leading program “The Business Sales Solution.” These milestones demonstrate the company’s achievements and continued leadership. The firm’s 220 Partners now serve 1,050 businesses around the nation with subsidiaries around the globe. Those businesses, although all privately-held, represent a diverse number of industries from manufacturing to retail, and have a combined revenue of $16.8 Billion. A recent company-wide survey which tracks the firm’s overall impact, noted a significant increase in the demand for business ownership transition services. According to the survey, 11% of the firm’s total clients are currently in the exit process, actively working with B2B CFO Partners to accomplish their transfer of business ownership goals. A majority of the clients, a total of 51.5% of the 1,050 currently engaged with B2B CFO’s Partners, are considering selling their businesses in the near future. “B2B CFO has seen tremendous momentum this year, driven by numerous strategic actions such as the launch of our successful Business Sales Solution program, an increase in the demand for our exit service expertise and a myriad of accolades and awards, including the recognition as a Forbes Small Giant company for 2018,” said Jerry Mills, founder and CEO of B2B CFO. “It’s one thing to be the largest. We became that a long time ago. But it is our responsibility to continually innovate our services and...
B2B CFO Named to Forbes Small Giants of 2018

B2B CFO Named to Forbes Small Giants of 2018

MESA, Ariz. (June 7, 2018) – B2B CFO®, the nation’s largest firm dedicated to serving privately held companies with CFO consulting and business transition services, has been named to the 2018 Forbes’ Small Giants List.  B2B CFO is one of only 25 companies in the United States to receive this award.  The winners were selected for demonstrating longevity, scalable profitability and excellence in business practices.   “It is an honor to be named to the 2018 Forbes’ Small Giant List and recognized for our commitment to scalable growth and market innovation,” said Jerry L. Mills, CEO and Founder of B2B CFO. “This recognition is a testament to the three decades of steady growth and focus on continually improving our tools, talent and processes that best serve the needs of our clients.”   Each year, Forbes in partnership with the Small Giants community celebrates 25 standout businesses that favor greatness over growth. The companies are all privately owned, profitable, at least ten years old and are selected based on community involvement, commitment to team members and industry excellence.   Founded in 1987, B2B CFO has for three decades demonstrated steady growth, adding Partners and expanding resources and solutions that help owners of privately held companies grow and sell their businesses.   “B2B CFO has never failed to make a profit, year after year. The company has made a consistent effort to be great,” said Bo Burlingham, author and Forbes columnist during the Small Giants Awards reception in Detroit.   To see the complete 2018 list of Forbes’ Small Giants visit: https://www.forbes.com/feature/small-giants/#6b3c67854612   “Receiving this award was great way to cap...
FLORIDA ENTREPRENEURS DISCUSS CHALLENGES TO SELLING A BUSINESS

FLORIDA ENTREPRENEURS DISCUSS CHALLENGES TO SELLING A BUSINESS

Selling or buying a business? B2B CFO’s “The Business Sale Solution” educational seminar highlights hidden dangers of transferring ownership   FORT LAUDERDALE, FL. (May 4, 2018) – Out of 20 million privately held companies that exist in the United States today, only 15,755 managed to successfully transfer ownership in 2017 according to Jerry Mills, B2B CFO®. What makes selling a business so challenging in today’s environment?   On April 25, 2018, a group of 20 South Florida business owners and advisors met at Bank United – Weston to answer that question and discuss the core issues of preparing companies for a sale. B2B CFO®, a national firm that serves owners of privately held companies with growth and exit strategies, recently launched “The Business Sales Solution” seminar series with a goal to educate business owners about the hidden dangers and risks involved in selling or acquiring a company.   The seminar addressed the following questions: (1) What is the #1 concern that business owners share about selling their business? (2) What type of buyer is best for the sale of your business? (3) What is needed to get past the possible deal-killers for your business?   “I’m walking away with great information that I didn’t know before” said Mary Beth Casey Franchise Owner of Expedia CruiseShipCenters, Fort Lauderdale who attended the event. “I imagined that the sales process would be complicated, but the presentation provided a process and some insights into how to approach the sale of our business. I feel more aware and therefore, more prepared.”   The event was organized by B2B CFO® in cooperation with Weston Hills...
Why Many Businesses Don’t Sell and What Owners Should Know before Taking the Leap

Why Many Businesses Don’t Sell and What Owners Should Know before Taking the Leap

B2B CFO launches nationwide program to educate business owners on key issues involved in selling their companies MESA, Ariz. (2/21/2018) –   It’s not the lack of money, nor the lack of interested buyers that stands in the way of many owners looking to sell their businesses.  According to B2B CFO, the nation’s largest business transition firm, the main reason why most business owners are not successful in transferring ownership is because their companies are not ready to undergo the sale process. “Most business owners have never been given the proper information needed to sell their business,” says Jerry L. Mills, CEO and founder of B2B CFO. In the United States there are 20 million of privately-held companies. Of those, about 5 million have five or more employees, and only 150,000 of those have sales between 9 million and 100 million USD.  On average, since 2009, only 9,294 of these companies are sold each year.  This statistic immediately begs the question of why only such small percentage of businesses successfully transfer ownership. Michael Nall, Founder of the AM&AA (Alliance of Merger & Acquisition Advisors) notes that according to their findings, the institutional investors and private equity groups are just as frustrated.  “There is an unprecedented amount of equity capital currently available on the buy-side,” said Nall.  “Private equity groups, institutional investors and corporate buyers want to add to their portfolios and have ample resources to do so.  The problem is that many privately held businesses lack a business model and a management team that can run the company without the owner and often do not have the systems and processes...
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...