Former executive manager, Don Knight, joins Chicagoland Sunbelt Business Brokers

Jan. 30, 2008 - PRLog -- Attention: Former executive manager, Don Knight, joins Chicagoland Sunbelt Business Brokers
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 Don Knight has joined the company as a Senior Broker.  In that capacity, Mr. Knight will be responsible for helping business owners, with an emphasis on distribution, manufacturing, industrial and retail firms, to develop exit strategies, confidentially market those businesses, manage the negotiation process, and coordinate the closing and post-transition complexities.
“I am extremely pleased to have such an accomplished and talented executive join our team”, stated Domenic Rinaldi – managing partner of Chicagoland Sunbelt.  “Don has a tremendous background in Operations and Management with such companies as True Value, Bell & Howell, Wilson Pet Supply, InterWire Midwest, and International Concrete Systems; and interaction with Proctor & Gamble,.  However, Don’s experience of operating, and building his own businesses, and personal Real Estate Investment/Management has prepared him to help other owners successfully navigate through the process of selling their business.”
According to an article by Trend Tracker, “Statistically, on any given day, 1.7 Million small businesses are for sale in the United States”.  The article further cites that, “The trend of purchasing existing small businesses will be driven in part by older workers who have left corporate America.  Fortified by stock options, retirement buyouts, and severance packages, many will prefer to keep working as their own boss”.
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 also 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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Chicagoland Sunbelt is a business brokerage firm specializing in helping people Buy and Sell businesses.

Website: www.chicagolandsunbelt.com