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Buyer looking to acquire $15mil-$35mil business. All: I represent a client interested in purchasing a business in the $15million to $35million range. Attractive business would have positive cash flow after all expenses, in need of management to take it to the next level and be able to take advantage of a minority owner status. Contact me at the below number with any inquiries. Thanks; /Christopher E. Ezold, Esq./ Chair of the Board, Magellan Leadership Group Nancy O'Mara Ezold, P.C. One Belmont Avenue, Suite 501 Bala Cynwyd, PA 19004 (610) 660-5585 Cezold@Ezoldlaw.com www.ezoldlaw.com Posted On February 23, 2010 By Christopher E. Ezold, Esq. The Magellan Group's website reaches milestone!!!  Newswire February 19, 2010 Philadelphia, PA:
It has been reported today that The Magellan Groups website (www.magellanleadershipgroup.com) has achieved impressive activity over the past 12 months. Some of the key statistical measures include: 1) Over 12,000 hits per month 2) Over 7,000 page views per month 3) Over 2,500 actual visitors per month 4) Over 400 unique (first time) visitors per month Clearly, our marketing and IT efforts are paying off, said Timothy Cox, Executive Director of The Magellan Group. Our website and its unique tools are a shining example of the tireless efforts our IT and marketing teams have taken to ensure technology enables our growth and becomes an asset for our members. We hope to further grow our technologies in the coming months to ensure we remain on the leading edge of technological innovation. The Magellan Groups innovative Friends of the Magellan Group adopts a viral marketing approach to drive visibly of the groups activity globally, nationally, and locally and promotes, in a safe friendly manner, the visitors experience within the website. About The Magellan Group: The Magellan Group is a Professional Leadership Group whose membership consists of corporate ownership, executives, and civic/social leaders. Our collective goal is to provide corporate and community leaders the resources, support, and ongoing education to improve their leadership skills for both the betterment of their organizations and the communities in which they live and serve. Posted On February 19, 2010 By Timothy Cox Magellan Group member, Paul Isenberg, becomes Vice President at The Haverford Trust Newswire - January 25, 2010 - Radnor, PA Magellan Group member Paul Isenberg has joined The Haverford Trust Company in Radnor, PA as Vice President of Business Development. Haverford Trust is a privately owned and well respected wealth management firm. Adhering to its Quality Investing strategy consistently since its inception in 1979 has enabled Haverford to expand its services and grow assets under management to exceed $6 billion. Posted On February 3, 2010 By Timothy Cox Jack Sweeney, Partner at Advanced Surgical / Jeanne Mikalauskas, LLC , joins The Magellan Group Mr. Sweeney is a talented business developer, entrepreneur, public speaker and mentor. He has spent most of his professional career helping employers manage their human capital needs through the design, implementation and management of their employee benefit programs and providing consulting advice in the areas of securing, retaining and maximizing top talent. He has also excelled at developing new business, mentoring new business developers, creating new products and services, and establishing and expanding sales distribution channels. He has been featured in a weekly one-hour live call-in radio show on Philadelphias largest talk radio station and has often served as a guest presenter at corporate sales meetings and training events. He is currently a partner with Advanced Surgical/Jeanne Mikalauskas, LLC, a family-owned manufacturers representative, selling and servicing orthopedic implants and joint replacements (i.e. knee, hip, shoulder, elbow, wrist, ankle, etc.). He also serves on the Human Resources Committee of Philabundance, a nonprofit organization that works to end hunger and malnutrition in the Delaware Valley. His past community involvement included serving as a Board member and Volunteer Instructor with Junior Achievement, the worlds largest organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy. He was also a volunteer with Special Olympics. Mr. Sweeney is a member of The Magellan Group, the Union League of Philadelphia and The Springhaven Club in Wallingford, PA. He is an accomplished golfer, a long-time Philadelphia Eagles season ticketholder and an avid sports enthusiast. SpecialtiesMr. Sweeney's expertise lies in his relationship management, business development, strategic consulting, and creativity. His strengths include public presentation, networking, creative and strategic thinking and developing traditional and non-traditional sales distribution channels. Posted On February 3, 2010 By Timothy Cox IRS Initiatives to Look Out For in 2010 The IRS has four initiatives it is pursuing for 2010, as follows: I. Worker Classification The IRS has long been concerned that workers classified as independent contractors are actually employees under the law, resulting in underpayment of taxes. This underpayment is primarily from the employers side of the worker relationship. Further, workers who are misclassified may then decide to file unemployment, workers compensation or other claims that they could have filed as employees. Needless to say, this can result in very significant penalties, fines and defense costs. There are incentives to self-report and resolve these issues prior to the IRS (or other government agency) discovering the problem through audits or employee reports. IT IS CRITICAL TO REMEMBER that you cant just call a worker an independent contractor they have to meet the legal test, which involves a multi-factor balancing process. II. Compensation of Officers of S Corporations The IRS has also been concerned that officers in S corporations have been underreporting income; for instance, by taking money from the company in the form of dividends while paying themselves a below-market salary. The IRS will be auditing S corporations to look into these issues. III. Employee Fringe Benefits Travel, frequent flyer, expenses, use of employer property, education and other related fringe benefits are also going under the microscope at the IRS. All of these issues focus on small and medium-sized businesses for the most part. In particular, owner-employees are going to be in the crosshairs. Now is the time to get your operations straight; if there are any inconsistencies or problems, they can be rectified much less expensively if you do it before the IRS, Unemployment or another government agency catches it. If any members have any questions, please feel free to give me a call. /Christopher E. Ezold/ Chairman of the Board - Magellan Group Nancy O'Mara Ezold, P.C. One Belmont Avenue, Suite 501 Bala Cynwyd, PA 19004 (610) 660-5585 Cezold@Ezoldlaw.com www.ezoldlaw.com Posted On January 25, 2010 By Christopher E. Ezold, Esq. The Magellan Group tailors its image and mission statement to meet its changing goals. Newswire January 19, 2010 Philadelphia, PA - The Magellan Group has launched its new mission statement to reflect its changing goals for 2010 and beyond. "The group and its leadership felt the need to update and place emphasis on leadership improvement and development as part of the new vision for the group. We feel this new mission statement reflects more accurately our agenda such that members, prospective members, and the community will understand our core values" said Timothy Cox, Executive Director. Mission Statement: The Magellan Group is a Professional Leadership Group whose membership consists of corporate ownership, executives, and civic/social leaders. Our collective goal is to provide corporate and community leaders the resources, support, and ongoing education to improve their leadership skills for both the betterment of their organizations and the communities in which they live and serve. Posted On January 19, 2010 By Timothy Cox The Magellan Group donates to the American Red Cross for Haitian relief Newswire January 15, 2010 Philadelphia, PA: The Magellan Group, a Professional Leadership Group, expressed its condolences to the people of Haiti and in support of the massive relief efforts occurring there, donated $300.00 in funds to the American Red Cross on behalf of its membership. "In these tough economic times at home, there is a greater good to ensure those suffering in Haiti can count on contributions, no matter how small, from those individuals and organizations in America" said Timothy Cox, Executive Director of the group. Posted On January 15, 2010 By Timothy Cox The Magellan Group does not provide legal or financial advice. Additionally, by way of this Bulletin Board, we make no representations, warranties, guarantees, and/or claims. Please consult legal counsel and/or a financial advisor regarding matters of law or financial planning. |
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