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Schaumburg, IL
60173 USA

"Exit Planning" Posts

CBS Reviews: Major Improvements Have Been Made

Corporate Business Solutions assist with retirement for a family business

Situation

The client, a Solar Energy company owned by a man and his three sons, brought Corporate Business Solutions in, “because our dad wanted to retire and the three of us struggled to take over and run the business due to personal issues, etc.  We were not making much headway, which made it impossible for our dad to retire.  One of us needed to be in charge.”  An exit strategy plan was needed!

Process

The CBS team worked to strengthen the existing management infrastructure, so that the current owner would be able to finally enjoy his retirement.  “CBS helped us

CBS Reviews: Provided Vision To An Audiology Practice

Situation

The client, the owner of an audiology practice with three locations, who had responded to a phone call from Corporate Business Solutions, wanted an exit strategy as well as “a much needed overhaul.  I had managed to grow the business to a $2.5 million level, but then, repeatedly, each year, have been unable to grow beyond that number.”

Process

The client had high expectations and the CBS consultant rose to the challenge.  “The cost of the project would dictate that I should expect a superior level of excellence, and a superior level of excellence walked in my door.

CBS Reviews: No Longer Doing Everything Ourselves

Situation

The clients’ business was started over 50 years ago, “by my parents as a swimming pool construction company.  It was a family owned and operated company, where everything was handled by my father.  In 2000, my youngest brother, Keith, and I, bought the entity from my parents and we continued on the path of doing it all, ourselves.

By this time, the need for service, after installation, had become apparent and the original company had been split into two companies, construction and service/retail.  After taking control, we hired a manager for the service company. 

We thought that everything was