Portland, Ore. (July 25, 2003) -- Business Transitions LLC, known for its online sites that match buyers with sellers of financial planning and accounting practices, has broadened its offerings to include consulting services for firms that aren’t yet ready to sell.
Marking a departure from its Web-based, commission-only platform, the firm will offer the on-site consulting services on a flat-fee basis. Services will include practice benchmarking/value, expenses and overhead reduction, revenue analysis, system analysis and improvement, increasing profitability, converting to a fee-based structure, increasing assets under management, practice preparation for sale, internal succession planning/transitions, and post-closing client transition assistance.
“Previously, we offered consulting services on a limited, case-by-case basis and structured it as a commission-based payment for buyers and sellers who found each other outside of our online system but wanted help,” said Nicole Piacente, Director of Business Development. “We were receiving a lot of requests for operational consulting services from people who weren’t ready to list their businesses for sale yet. We wanted to help them, but we didn’t feel that the closing commission structure was warranted since we weren’t matching them up with buyers.”
The new entity, Business Transitions Consulting, LLC is headed by Michael Martyn, Chief Operations Officer for the related Business Transitions family of succession planning Web sites.
-- Melissa Klein
