IBSP LLC Business Consulting helps manufacturing and technology companies succeed. We focus in these areas because manufacturing is one of the leading contributors to GDP in our country, accounting for hundreds of thousands of jobs, and technology is the key to our future.
We are not a typical consulting company. We do not specialize in one tool or methodology that is blindly applied to every client. Instead, we partner with our advisorâ€™s clients to provide customized solutions to help improve their company. Our goal is to transform the way they do business.
IBSP LLC succeeds because of our dedicated staff and partners, with combined decades of business experience in companies large and small. We are hands-on, working closely with you and your team to transform your methods. We are not academics or theorists, but pragmatists who know what it takes to get things done. We are real-world professionals who deliver real-world results.
"You Must Know Your Destination Port If You Wish to Catch A Favorable Wind" - Seneca (Roman philosopher 50 A.D.) When considering the failure rates associated with starting and running a business, it comes as no surprise that the successful enterprises are those whose owners, directors, and partners have given a great deal of thought in the designing of a business plan, understanding their market sector and any nicheâ€™s that may need servicing, finances, and every other imaginable consideration in the starting and running of their business.
The issue is that far too often, the planning stops there with little to no consideration being given to the various stages of the life cycle of a business. Every business, and its associated ownership/management, needs to have exit planning in place to fully benefit from all the effort they have put into their business. Without proper planning the eventual sale of the business and or its assets will never realize its full potential and the ownership will never experience the wealth that could be derived out of their efforts.
The point of the quote is to comment on the fact that you need to know where youâ€™re going to most effectively get there. To experience the greatest levels of success possible, there needs to be planning involved in and for every stage in the life cycle of a business; and among the most important stages is the exit, the eventual sale of the business, shares, and/or assets. We cannot anticipate when an illness or death will strike, when market conditions will shift and or when any number of circumstances may occur that will impact the timing, need, or decision to sell a business - but if that business is prepared with thorough exit planning strategies, no matter what the circumstances, the business and its ownership will be prepared to realize the full profit/income potential at this stage in the businesses life cycle.
It is extremely important that we note that we are not a tax planning practice and that we do not give tax advice. We work closely with the tax professionals of the client to facilitate their understanding of our programs so as to enable them to make any and all determinations relative to applicability and appropriateness of said programs, strategies, and tools relative to their clients. There are a great number of areas of expertise that IBSP LLC specializes in that may provide substantial tax benefit to the client. Some examples of these areas are:
For a business to realize its full potential, consideration needs to be given to tax efficiency. Tax efficiency is a central focus of IBSP LLC and its associated advisors and our capacity in this field is unrivaled in our respective industries.
IBSP LLC and its associates are interested in acquiring businesses in the manufacturing, distribution, and business service fields.
While private equity plays a critical role in the global M and A marketplace, this industry often has a negative perception in the minds of business founders. Unfortunately, sometimes this perception is a reality. As a result, we and our associates have built this portion of our business around providing ownership transitions specifically designed to fit the needs of founders/entrepreneurs and we work tirelessly to ensure their ideals and philosophies are not compromised.
IBSP LLC and its associates endeavor to maintain the culture that a founder has worked tirelessly to build. We strongly believe that a companyâ€™s culture is a key determinate of success and are very careful to avoid disruptions post-closing.
IBSP LLC brings a highly differentiated and flexible approach to business owners. We provide a fair and transparent process that eliminates the usual pain points that arise when dealing with private equity firms and/or strategic acquirers. We look forward to the opportunity to discuss any and all opportunities that may exist.
IBSP LLC works with professional practices across the country in many fields, chief among them are tax, legal, and financial service firms. Modern market trends have commoditized many industries once considered immune to this evolutionary reality.
With the explosion of the internet and service providers successful utilization of everything stemming from it, we find that professional practices are no longer simply competing against one another for their market share but rather are being forced to compete with powerful, inexpensive, and refined direct to consumer efforts driven and facilitated by the internet as well as the needs and demands of consumers (many focusing on efficiency and price point).
The unfortunate reality is that many professional firms are finding that they need to work longer and harder to simply maintain their profits and market standing. The work that IBSP LLC does in association with the professional practices with whom we operate is to effectively eliminate this commoditization. This is accomplished by adding to the industry specific services that the practice is able to bring to their clients - services that are strictly consulting in nature and are specific to the industry of the practice. Our strategies will enable the practice to enhance its offerings to its clients that will benefit them in a way that no one else can.
This not only eliminates the aforementioned commoditization, but also gives that practice a substantial competitive advantage over all of its peers within its functional geography or market. We accomplish this by educating the practice on our tools, providing them with an advisor to assist in their induction and serving as their back office so as to enhance their professional image rather than simply functioning in a referral structure. This ability and practice has made IBSP LLC the most successful facilitator of strategic alliances in the country.
Due to the extremely broad reach of IBSP LLC, we are in the unique position of being regularly exposed to all types of enterprise, relationships, opportunity, and businesses in general. It is this exposure and capitalization on same that afford us the unique opportunity to assume the role of facilitator in many instances.
Gone is the day where a business can realize its maximum potential as an island and service provider unto itself. The modern business world is built more on relationships than anything else. We possess tens of thousands of relationships by virtue of the consulting services we offer, the partnerships we maintain, the clients we have, and all of the advisors/professional practices associated with our firm.
Due to the strength of our relationships there are many instances wherein we are in the unique position of being able to align our business owner clients with relationships that will assist both parties in taking their business to the next level; allowing for growth and success that was previously impossible.
Our database of clients and relationships consists of everything imaginable and our knowledge of these businesses, due to our consulting services, is extremely expansive allowing us to consult further with them about their needs and interest in meeting others who may be of benefit to them. IBSP LLC can then work with both parties to facilitate the development and deployment of the combined effort so as to maximize the full potential of the relationship.