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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If you’re anything like our clients and internal team, you can’t believe Q3 has already begun! It seems like just yesterday we were preparing our tips for planning out annual goals and success. But alas, here we are halfway through 2022. So let’s jump into
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It is the first year in quite a few that most people feel comfortable traveling again, and from what we’ve seen, hundreds of thousands of people are taking advantage of that opportunity. So, as a business owner, how do you handle your employees taking time
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Business owners’ responsibilities will vary depending on the industry you are in, what your specialties are, and most importantly, the size of your company. Businesses are generally defined based on how many employees they have: micro businesses have less than ten employees, small businesses have
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