Baby Boomer Business Owners Pave the Way for Huge Wave of Private Business Transfers

Lancaster, PA (PRWEB) August 14, 2008

As the millions of Baby Boomer Business Owners begin planning for retirement, their businesses will also go through transitions from one generation to the next; to inside executives or to an outside buyer. Most business owners want to maximize their business’ value and that creates difficult scenarios for the owner.

“The value these business owners will receive for all of their hard work and investment is highly dependent upon how they approach and execute the sale process,” says Jim Eshleman, president and founder of Strategic Endeavors LLC. “Failure to plan for this most important event can result in under-selling your business or worse yet, liquidation at a fraction of the going concern value.”

Eshleman has been selling businesses since 2000 and is seeing an increased interest in how to position a business for sale. “Sadly, many business owners do no planning or wait until they are burned out, bored or in poor health and then hope for an employee or buyer to approach them. They sell from the weakest position.”

“But if these same owners had run their businesses, year in and year out, as if they were going to sell them, they would be building value over time and positioning themselves to get the maximum value at whatever time the sale occurs. Life’s unexpected events can change an owner’s timing in an instant.”

Eshleman also notes that the other key to maximizing value is to create a market for your business. “Due to confidentiality concerns, owners instinctively feel that they should wait for that one right buyer to come to them. You can run all the formulas and models you like, but at the end of the day, a business is worth what a buyer is willing to pay. If you only have one buyer with no competition, how do you know that he/she is the one that will pay the most for your business?”

As a result of what the team at Strategic Endeavors has seen in the marketplace and through the experience of actually selling companies, they have developed several new tools for business owners who are ready to begin planning for the eventual sale of their businesses.

“We have taken some of the processes that we use over and over in business sale transactions and made them available to business owners on an a la carte basis,” notes Kate Eshleman, a senior business analyst and Eshleman’s daughter.

“What we see more and more frequently with the Baby Boomers is that they are thinking ahead. They want to maximize enjoyment of life after business but they don’t know how to prepare and are afraid to get advice for confidentiality reasons.” Eshleman notes that “business sales are heavily influenced by the last 3 to 5 year history. The ideal time to begin planning is about 5 years out.

“It’s an exciting time for these Baby Boomer business owners,” says Kate Eshelman. “They have worked their entire lives to build these businesses and now it’s time for them to reap the benefits. The exit planning process can re-energize and refocus an owner as well as lead to a much more financially secure retirement.”

Strategic Endeavors LLC serves owners who want to plan for and execute the sale of their privately owned business. In working directly with the business owner and a team of professional advisors, Strategic Endeavors spearheads the selling process to maximize the value of the business. Based in Lancaster, PA, the father-daughter team has transacted businesses in manufacturing and distribution, service contractors and professional service businesses. More information can be found at http://www.strategicendeavors.com, on their blog at http://privatebusinesstransfer.wordpress.com or at 717-898-7662.

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"How Cloud, Private Cloud & Utility Infrastructure Are Different"; CapZero Offers up a New Article on Utility Infrastructure

Englewood, CO (Vocus) April 20, 2010

In the new article, “How Cloud, Private Cloud & Utility Infrastructure Are Different”, just written and released by CapZero, they say Companies that want the benefits of cloud services without the risks are looking to create cloud-like environments in their own data centers the private cloud is born. Enter the utility model; the future of enterprise IT is in private clouds. Elastic, pay-as-you-go data center infrastructure modeled after public cloud providers like Google and Amazon, but put together and managed from within for each independent business unit.

This CapZero article highlights how the HP Utility offering is a change in the data center environment; a ‘utilitized’ infrastructure is the financial packaging of resources, such as storage, computing, network and software as a metered service; analogous to a traditional public utility company (such as electricity, water, natural gas, or telephone network). The utility infrastructure has the benefit of the zero capital acquisition; in its place, hardware resources are in effect rented.

In this newly released article, heres how Bill Thomas, author, recently explained Utility to a colleague:

Buying gasoline at the local Texaco station is just like the utility infrastructure model you acquire only what you need when you need it, albeit at $ 2.76 a gallon for your 15 gallons your total cost of ownership [TCO] is $ 41.40. If you had to buy gas like IT had to purchase infrastructure for the data center; youd have to buy, with capital dollars, the oil field, the ship, the refinery, a truck and the gas station, notwithstanding the former, at $ 1.35 a gallon for your 15 million gallons your TCO would be north of 1 trillion dollars though. But, you saved $ 1.41 per gallon getting it this way.

The article explains this apples-to-oranges mis-comparison is common amongst all the hardware providers, its like chalk and cheese they just dont compare to one another. You cannot compare the $ 2.76/gal to the $ 1.35/gal, you must consider the current cost of capital, the actual utilization of your environment, the value of capital as compared to revenue generating projects that compete for capital, etc. To get to the net/net of it all, youll need to build a financial model that uncovers the true comparisons and business case.

The CapZero article explains to the IT manager that a storage array will typically have allocated LUNS based upon the needs of many projects and applications. Today, a storage manager buys and allocates centered on what a project needs in the future; typically these are projected data requirements 2 to 4 years from now. Thomas explains that storage that is allocated directly to a host is not accessible by other host servers; creating pockets of unavailable and therefore underutilized capacity across the enterprise organization. Experience and research show us that the average storage array that is 100% allocated, is usually only 20 to 30% utilized based upon the actual data stored the array is 100% allocated and therefore in order to add LUNS, a new array must be purchased.

The meat of this article revolves around these main concepts:

The utility model capitalizes on both thin and thin-like provisioning and can be metered down to the actual consumption level, not just the allocation level.
Utility is configured with base and buffer – and are charged for based upon actual usage today, not what is needed a year from now or even 4 years from now.
Businesses with unpredictable storage requirements, unplanned or out-of-cycle growth or even sudden peaks in demand can avoid the delays and capital expenses that result from physically acquiring and installing new hardware utility resolves the issues within our ever changing environment.
Utility infrastructure, sometimes known as on-demand IT, pay-per-use and, commonly, infrastructure-as-a-service, is new, agile and cloud-like. With utility infrastructure you get a cloud-like experience within a corporate environment under your corporate controls. Data centers are infamously underutilized, with resources such as storage arrays often only utilized at 20 to 30% of their data capacity, but yet 100% allocated. This is due to over-provisioning and over-allocation buying more hardware than is needed on average in order to handle what you need 3 to 4 years from now.

The conclusion of this article points out that today we are a part of a game-changing shift in information technology witness technologists and CFOs working in tandem to make decisions based upon business requirements and financial choices, not on technology opinions. This magnitude of change comes around only once a decade. The utility model opportunity is so substantial that it affects not only the current business model, it will additionally affect IT architecture and how we design, deploy, run and deliver infrastructure.

By Bill Thomas, General Manager at CapZero. CapZero, LLC is the leading Utility Advisor for HP IT solutions. CapZero improves how technology products and services are defined and delivered to businesses worldwide inside of the Utility Infrastructure program. CapZero, HPs designated expert in Utility Storage is equipped and organized to help you; representing not only Utility Infrastructure and the servers, storage and network that come with it but CapZero also offers other key services like Utilization and Allocation Discovery & Assessment, URI vs. Buy/Lease Financial Modeling, HP Utility Proof-of-Concept, Data Policy Development, ITIL Workshops, Shared Services and Charge-Back implementations. CapZero is based in Denver Colorado and does business world-wide. Learn more about CapZero on their website at http://www.CapZero.com. We blog at http://capzero.wordpress.com

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"How Cloud, Private Cloud & Utility Infrastructure Are Different"; CapZero Offers up a New Article on Utility Infrastructure

PERI Software Among Inc. Magazine"s Prestigious Ranking of America"s Fastest-Growing Private Companies

(PRWEB) August 24, 2010

West Hills, CA PERI Software Solutions Inc., a global business solutions company has been named among the nations fastest-growing private companies by Inc. Magazine.

The 2010 Inc. 500|5000 Conference & Awards Ceremony celebrates the men and women whose companies appear on Inc. magazine’s prestigious ranking of America’s fastest-growing private companies. The event brings together current Inc. honorees and alumni to recognize the achievements of these top entrepreneurs and the contributions they have made to the global economy.

Additionally, PERI is one of the fastest growing minority owned business solutions company with 700+ employees. It is based in Newark, New Jersey (headquarters), with offices in San Jose and Los Angeles, California, Chennai and Coimbatore, India, and Shenzhen, China. Sarav Periasamy, founder and president plans to attend the 29th Annual Inc Conference and Awards Ceremony Sept. 30- Oct. 2nd at the Gaylord National Resort and Convention Center in Washington DC.

When I founded PERI Software in 1999 my goal was to make it one of the world’s leading technology companies, said Periasamy. It took about five years to really develop the upper management and firmly encompass the goals for each division. It has been a steep learning curve for me as a young executive and it was a real challenge coordinating management between divisions to keep them in tune on the same page and sometimes its hard to keep up with the growing pains.”

PERIs broadening of its products and services portfolio stems from critical attention to customer needs and market fluctuations. “All the changes we made over the last 10 years are due to how the market has been and what our clients have been doing with their technology, he said.

Most recently PERI has been in high demand to discuss Smart Grid Technology. A national conference in Sacramento in July spotlighted PERI as a company that illustrated to national regulators and utility companies how the technology will cut costs in operations and reduce energy consumption.

Smart grid technology is the wave of the future and we are doing our part to educate the public and media on its deployment, said Periasamy.

The Inc. 500|5000 Conference & Awards Ceremony offers educational sessions, rousing keynotes, important networking, and special events. The conference ends in a black-tie gala dinner and awards ceremony in which all current year honorees are recognized.

The event is open to honorees, alumni, and other growth-minded entrepreneurs.

About PERI

Founded in 1999, PERI is a global business solutions company, which has grown to more than 700 plus employees and delivers high value-cost effective technology based business solutions. PERI draws on deep industry expertise and a portfolio of interrelated consulting, business processes, application development along with smart-intelligent hardware and software products. PERI blends strategic design, proven technology, and timely delivery of solutions that maximize customers return on IT investment. Be sure to visit PERIs blog for company updates and developments http://CaliforniaTechnology.wordpress.com.

Editors: For images and advanced media interviews with PERI Founder and President Sarav Periasamy, please call: Aida Mayo or George McQuade at MAYO Communications

818-340-5300 or 818-618-9229 or email Publicity(at)MayoCommunications(dot)com.

visit MAYOCommunications.com for all your high tech branding and PR needs.

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Nubefy, the IT Service Management Platform for the Cloud Enters Private Beta

Singapore (PRWEB) August 02, 2012

Nubefy, the provider of IT service management for the cloud, announced today the launch of its Private Beta. The first wave of invitations was recently issued to partners and selected customers with more to follow in the upcoming weeks. While enjoying the benefits of the cloud management software, beta testers will be providing valuable feedback and help Nubefy test their maturing product.

“This closed beta test is an important milestone for us as we enter the final stages of development,” said Eric Meyer, CEO and co-founder of Nubefy. “Our goal is to create the best tool to enable our users to spend less time focused on their infrastructure and more time on their business.”

In the Private Beta, participants will be able to navigate their way through configuring the cloud infrastructure. Users will not only be able to use their existing infrastructure as a service accounts to build, deploy, manage, and monitor their virtual servers through a single, unified console, but also to install applications on top of their newly created virtual machines. Open source applications will be widely available on the platform through the initial release, giving the customer a way to customize their cloud.

With the introduction of a comprehensive cloud enablement toolbox, the customers now have access to monitor their instances in real-time as well the ability to use Nubefys nScripts to manage applications and perform remote configuration tasks on the fly. With the beta, customers will have access to provisioning a suite of applications such as WordPress, Joomla, Drupal and many others.

“This new feature will provide customers with a wealth of knowledge that previously was not available. We can now enable users to adopt and manage their cloud at a much faster rate,” says Paul Kim, Director of Product Management. “Being dynamic is key for our customers and their business and we provide a way for someone who isn’t IT savvy to go in and manage their IT life cycle with a couple clicks.”

To set up a Nubefy account and sign up for a chance to participate in the Private Beta, please visit the official Nubefy website at http://www.nubefy.com/. A limited number of individuals will be contacted for this round in order to gather as much feedback as possible regarding ways in which the software and service can be improved.

About Nubefy

Nubefy, the IT Service Management Platform for the Cloud Enters Private Beta