One of our many areas of expertise at the ABCO Group is helping business owners create effective exit strategies from their successful companies, ensuring a smooth transition for staff, and meeting all state and federal regulations. One popular exit strategy is the process of mergers
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The ABCO Group has officially transitioned into a holding company geared towards strategic investment opportunities. Our focus is on acquiring successful businesses whose owners seek an exit strategy for various reasons. But what is an exit strategy, and why is it important to have one
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The ABCO Group, formally the American Book Company (ABC), has been a stalwart in warehousing, logistics, and book distribution in East Tennessee since the mid-1990s. The previous five years, however, have seen the company shift its interests toward a broader range of strategic investment opportunities.
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We know that it’s been a rollercoaster of a year; rising fuel prices, inflation, and war in Europe. Now the time has come to bid farewell to 2022 and prepare for 2023. While setting New Year’s resolutions is admirable, we prefer to aim for success
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According to the US. Chamber of Commerce, since 2007, the world has seen a 60% increase in women-owned businesses, a promising indication of women’s growth in confidence in their entrepreneurial and leadership abilities. But even with this glowing progress, female entrepreneurs still find themselves in the
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At some point in any business venture, it is prudent to sell. You have built a vibrant enterprise from the ground up, but different stages of life can reorient your goals. Whether retirement, overwork, or boredom, the chance to initiate a graceful (and cash-positive) exit
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Concerns about an impending recession continue to intensify. High inflation numbers, interest rate increases, and shrinking U.S. product grosses all point to a pullback. The biggest economies have stalled, leading many to forecast a gloomy financial outlook. Yet governments and experts insist that a recession has not
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Entrepreneurs are known for their can-do spirit, indomitable will, big ideas, and ingenuity. However, oftentimes that isn’t necessarily synonymous with being an expert at accounting. Outsourced accounting can often be the solution for small businesses, entrepreneurs, and even medium-sized businesses that don’t want to host
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Earlier this year, Forbes released an article attempting to debunk skills-based hiring myths. Let’s look at how they did, but first, what is this fast-growing new take on hiring compared to traditional practices? As the world is evolving, companies must keep up with the times-
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