B2B CFO® Cements Position as Industry Leader with New Patent
Posted on June 10, 2019 by Phil Elworth
Link to Morningstar publication
https://www.morningstar.com/news/business-wire/BWIPREM_20190606005254/b2b-cfo-cements-position-as-industry-leader-with-new-patent.html
Patent for firm’s proprietary B2B Exit software in effect until 2035
B2B CFO®, a national firm dedicated to providing management advisory services to privately held companies, has received a patent for its B2B Exit software.
Jerry L. Mills, founder and chief executive officer of B2B CFO, said the U.S. Patent and Trademark Office approved the firm’s patent application on May 7, 2019.
“We’re relentless about the importance of protecting our firm’s intellectual property,” Mills said. “This patent application process took perseverance, but our efforts have paid off. B2B CFO is a one-of-a-kind company, and B2B Exit is a unique product.”
B2B Exit was created for business owners who are buying or selling a company. In essence, it helps them keep control of the sales or acquisition process by analyzing, adjusting and tracking differences between a company’s current value and its target sale value. One of the best features of the software is it tracks the assignments given to each individual on the team and lets business owners know when important tasks are late. Time kills deals and Mills believes business owners should know when team members are not performing tasks on time.
Bo Burlingham, award-winning author, editor-at-large of Inc. and a columnist for Forbes, wrote about B2B Exit in his book Finish Big: How Great Entrepreneurs Exit Their Companies on Top.
Mills earned recognition from the Alliance of Merger & Acquisition Advisors for his own book, The Exit Strategy Handbook: The Best Guide for a Business Transition, which he wrote as a companion piece for the B2B Exit software program. The organization named Mills among the five finalists for its Middle Market Thought Leader Award in 2014. The annual award recognizes individuals who have made significant contributions and impact on the middle market M&A space.
“With the patent at hand, we’re ready to implement the upgrades we’ve been working on for B2B Exit,” Mills said. “To stay at the forefront of your market segment, you have to continually innovate and drive change.”
About B2B CFO
B2B CFO provides management advisory services to owners of privately held companies, with a focus on increasing cash and company value. The firm’s services include improvements in finance, accounting and operations, and company growth, as well as helping owners to transfer or sell their companies. B2B CFO’s 200+ professionals work directly with business owners, on site. Each is also an equity owner in B2B CFO and has more than 25 years of senior-level experience. With a nationwide presence, B2B CFO is the largest company of its kind in the United States. Founded in 1987 and headquartered in Mesa, Arizona, B2B CFO has ranked in the Inc. 5000 and was recognized in 2018 as one of Forbes Magazine’s “Small Giants.” For more information please visit www.b2bcfo.com.
Ania Kubicki or Tobin Ernst
ANGLES Public Relations
480-277-9245 or 480-322-3938
an**@an******.com
, or
to***@an******.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190606005254/en/