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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ABCO Group Evolves into Strategic Holding Company
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.
Read More4 Ways to Prepare Your Business for the New Year
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
Read MoreEvaluating Quarterly Goals and Starting Q3 Off Right
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
Read MoreResponsibilities of Business Owners
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
Read MoreStages of a Merger or Acquisition: What to Expect
In a business, things can change at the drop of a hat – from losing a valued employee to gaining traction overnight and even the proposition of selling your company or having it bought out. Therefore, you must prepare for anything and everything. Mergers
Read MoreHow Holding Companies Work
At ABCO Group, we are well versed in what all goes into a holding company and what we do on a day-to-day basis, but we realize that many of our clients and prospective partners don’t quite understand the ins and outs of it all.
Read More2022: Are You Ready?
Starting the new year tired, uninspired, and needing a break helps no one. However, we (and your employer) hope that you got a much-needed break over the holidays and that you’re ready to enter 2022 with the energy, ideas, and effort needed at the beginning
Read MoreNational Write a Business Plan Month
Every December, businesses across the country create business plans for the following year. They look at what performed well the year before, what areas are cause for concern, and where their focus should lay. This is such an important task that December is actually known
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