Former Business Owner and Senior Executive, Jim Cohen, joins Chicagoland Sunbelt Business Brokerage Firm

March 21, 2006
FOR IMMEDIATE RELEASE
Attention: Former Business Owner and Senior Executive, Jim Cohen, joins Chicagoland Sunbelt Business Brokerage Firm
Contact: Domenic Rinaldi
Address: 8745 W. Higgins Road, Suite 220, Chicago, IL 60631
Phone: 773-243-1603
Email: drinaldi@sunbeltnetwork.com
URL: www.chicagolandsunbelt.com
Chicago, IL
Chicagoland Sunbelt, the dominant business brokerage firm in Chicago, announced today that Jim Cohen has joined the company as a Broker. In that capacity, Mr. Cohen will be responsible for helping business owners develop exit strategies, confidentially market those businesses, manage the negotiation process, and coordinate the closing and post-transition complexities.
“I am delighted to have someone of Jim’s caliber and experience join our team”, stated Domenic Rinaldi – managing partner of Chicagoland Sunbelt. “Jim brings over twenty years of business ownership, merger and acquisition, and sales and marketing experience. He is expressly qualified to help business owners with the difficult task of selling their business.”
According to a study by Marquette University, there are approximately 7.7 million small and mid-size businesses owned by ‘Baby Boomers’. Over the next fifteen years 1 out of every 2 of these businesses will be for sale. This will result in an overwhelming 3.8 million businesses changing hands between 2005 and 2020.
Chicagoland Sunbelt recommends that potential buyers and sellers become educated on the realities of small business acquisitions. Buyers should be certain to locate transaction-oriented advisors, meet with potential sources of financing, research the local market, utilize a professional business broker and choose a business for the work first and the financials second. Sellers should hire a professional business broker, obtain a third-party valuation, confidentially market the business and identify transaction-oriented accountants and attorneys
Chicagoland Sunbelt is a Business Brokerage firm that focuses solely on helping people buy and sell businesses. To learn more about Chicagoland Sunbelt you can visit their website at www.chicagolandsunbelt.com.

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