B2B CFO^®    (877) 4-B2B CFO

I have worked with George and introduced him to several of my clients and friends. All who have met George rave about his insight and results.
Having a strong partner like George helps me to forge stronger relationships with my clients, and ultimately improves my clients' financial performance.
The insight and expertise offered by George and his firm is needed now more than ever by businesses in order to adapt and respond to the ever dynamic climate faced in the small cap and middle market arenas today.
I strongly recommend George, and I appreciate his partnership very much.

It has been a privilege to know and work with George on a referral basis for the past 2 years. George is seasoned professional with a proven track record as can be seen by his resume. I highly recommend George and B2B CFO!

What: Free Seminar When: This Thursday, May 13 4:00-6:00pm
Where: The Fred, Taco Mac's VIP Room (The Prado)
                 5600 Roswell Rd
                 Sandy Springs, GA 30342

RBC Bank / B2B CFO - Optimize Your Cash Flow

Optimize Your Cash Flow - Collect. Control. Capitalize.

Whether you've been in business for a year or a decade, successfully sustaining and growing your business requires an effective cash management plan.

Those companies that don't have one or can't control their current plan aren't very likely to survive.

Please join us for an educational seminar where you'll discover practical tips to help better manage cash flow and create an optimal financial position.

http://events.linkedin.com/RBC-Optimize-Cash-Flow/pub/320538

Improve Your Cash Flow – A Cost Segregation Study Can Generate Tax Savings Now!

The opportunity to produce tremendous tax benefits from a Cost Segregation Study of commercial property is often overlooked. By reducing your income tax liabilities you increase your cash flow. Instead of paying the government, you may use the savings to pay for more pressing needs (working capital, pay down debt, purchase needed assets, etc.) Come the April 15th tax dead-line, when you maybe writing your check to the U.S. Treasury (2009 balance due or 2010 estimate), consider the possibility that you might be able to get that money back or increase the amount credited to 2010.

Cost Segregation is an IRS-approved method by which owners of commercial property can accelerate depreciation and thus reduce the amount of taxes owed. Whether new construction projects, new purchases or leasehold improvements, the Cost Segregation Study separates tangible personal property (fixtures, lighting, carpet, etc.) and land improvements (site utilities, paving, landscaping, etc.) that have shorter cost recovery periods from real property (commercial buildings, rental buildings, etc). This allows accelerated tax depreciation deductions on shorter life assets that may have been originally classified as real property. The impact of the reclassification can be significant, allocating between 15 percent and 50 percent of the assets depending on the industry and can generate more than a 10-to-1 return on the cost of the study (“Cost Segregation and the Role of The Contractor,” Journal of Construction Accounting and Taxation, January/February 2005).

The greater the reclassification from real to personal property, the greater the potential benefits. A cost segregation study is a tax deferral strategy and not a tax reduction strategy. The benefits of a study can include:
• the net present value of the tax savings from accelerated depreciation
• the increased internal rate of return
• the ability to write off an asset’s remaining tax basis should an asset with a shorter life need to be replaced
• where applicable, decreased realty-transfer taxes and annual real estate taxes

In addition, a cost segregation study can be performed on buildings placed in service in prior years (after 1986) and all the “catch-up” depreciation resulting from reclassification can be taken in the year of the study. This can result in large current-year depreciation deductions. IRS Form 3115 “Application for Change in Accounting Method” is all that is additionally required to be filed with your regular income tax return.

An IRS issued Legal Memorandum (ILM 199921045. TNT 104-65 Apr. 1 1999) states that reclassification of assets into shorter lives for purposes of depreciation would not be contested by the IRS. The Memorandum advises IRS field agents to confirm that the reclassifications are based on a detailed cost segregation study performed by qualified experts with appropriate technical skills.

We at B2B CFO® are all about helping you get cash! B2B CFO® has an agreement with an independent, experienced, and qualified engineering company that specializes in performing Cost Segregation Services, nationwide. In connection therewith, I can provide you with a FREE preliminary property analysis to show you the effects of cost segregation on your commercial property.

Contact me to learn more and see if a Cost Segregation Study will save you money!

“George has been a very important resource for our company, Entertainment Design Group, Inc. His expertise and experience is obvious after spending a bit of time with him. George is soft spoken and understated, but so is Warren Buffett. I would recommend George and his organization to any business which is in need of a quality CFO experience. George is a good man.”

Top qualities: Expert, On Time, High Integrity

http://www.goEDG.com

Woodbridge Group Closes Sale of WETLabs Inc.

Tuesday, February 2, 2010

Woodbridge Group is pleased to announce the sale of its client, WETLabs, Inc. to an undisclosed strategic buyer.

WETLabs is an Oregon-based manufacturer of underwater instrumentation products that measure optical properties of water in oceans, lakes and streams. WETLabs operations will remain in Philomath, Oregon.

"We are happy with the deal we were able to negotiate for our client, which included a mix of upfront compensation and future payments that will allow the two major owners to realize their goals going forward," said Ney Grant, senior dealmaker on the transaction.

WETLabs’ wide range of optical measurement products are used by a variety of governmental agencies and commercial users to measure and understand aqueous environments across the globe.  The need to understand the earth’s water environments is increasingly important in this era of environmental degradation and climate change. As part of a larger company WETLabs expects to accelerate the implementation of its mission.

Woodbridge Group, Inc., an international M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle market companies. Contact a B2B CFO for more information about how our Partners can help you Find the Exit... http://www.b2bcfo.com/partners/gbergmark

Nothing exposes a weak business plan like a down economy. But how do you develop a better strategy? For 27 years, George Bergmark, a member of the Rotary Club of Sandy Springs, Ga., USA, managed the finances of emerging and midsize companies. He’s now a partner at B2B CFO in Georgia, where he teaches clients how to maximize profits. For the entire article, click below:
http://www.rotary.org/en/MediaAndNews/TheRotarian/Pages/UF_bergmark1001.aspx

For a PDF Copy of the Rotarian Magazine Article, click below:
http://www.b2bcfo.com/partner/gbergmark/article-rotarian-magazine.pdf

While I have not worked with George in his professional capacity as a client, we know one another through Buckhead Business Association. We worked together on a committee to plan the 2009 "A Taste of Buckhead Business EXPO". He provided great input to the committee, is a clear and concise thinker, and is professional in every aspect. These are characteristics of a solid business person and leader. August 10, 2009

Brenda Horne (CEO at Community Health Charities of Georgia)

“I have had the privilege of working with George in his leadership role with the Sandy Springs Chamber of Commerce. George and his team developed a comprehensive small business initiative to reach out to the Sandy Springs business community and offer all of the "basics" a small business owner needs to take their business to the "next level". The initiatve was absolutely a huge success with all of the participants because the "content" was outstanding and the "consulting" that was delivered to the participants was also outstanding. This initiative was conceived, developed, and delivered with George's leadership and expertise. I highly recommend any business owner looking for an expert to help them with their business plans and financial strategies to contact George.” August 9, 2009

Dave Ogden, CEO, AML Communications, Inc.

“George constantly amazes me with his keen insight into every aspect of running a business. Be it sales, accounting, business planning, accountability or exit strategies, he has more business acumen than most professionals I have worked with in the past.” July 30, 2009

Kevin Lowe, Business Broker, Preferred Business Brokers, Inc.