WHAT WE DO
BatonUSA’s Mission: Is to equip people with the formula for successful business ownership, and to help the retiring generation ease into a comfortable life. Passing the Baton…One Generation to the Next.
We have four goals:
1) To help as many business owners as we can to receive Fair Market Value for their many years of long hours and hard work. To achieve this by helping them to pass their business to the next generation;
2) In so doing protect the company employees from losing their jobs;
3) To help our AMERICAN VETERANS gain a solid foundation for their, and their families’ future;
4) To help strengthen our economy by preserving businesses and employee more people as the business grows.
WE OPERATE OUR SERVICES EXCLUSIVELY FOR U.S. VETERANS AND/OR THEIR SPOUSES, CHILDREN AND GRANDCHILDREN AND THEY NEVER PAY US, NOT EVEN A DIME! EVER!
We provide a Job Site Career Placement for Business Ownership Apprentice Program. We are consultants and inter-mediators. We provide a matching effort for the approved Apprentice/Buyer based upon the type of business and location the Apprentice/Buyer wants. We, and the current business owner, mentor the Apprentice/Buyer during their career placement so that the Apprentice/Buyer may learn the many aspects of business ownership. We monitor the Apprentice/Buyer’s education with business management, business marketing, basic bookkeeping and personal credit management. We mediate personality conflicts and other issues that may arise between the Apprentice/Buyer and the Business Owner/Seller, helping both to keep their focus on the finish line. We manage the Apprentice/Buyer through the entire process for successful business ownership. BatonUSA utilizes SBA Preferred Participating Lenders for the loan process.
We help make dreams a reality. We make it realistic for people to achieve their dream of owning their own business. However, we don’t just accept any applicant for the Apprentice/Buyer positions and we don’t just accept any business into the BatonUSA program. Through one qualification process, the Apprentice Application, we analyze the candidates we allow to enter into our match, mentor, monitor, mediate and manage service to see that they have the basic building blocks for successful business ownership. With another qualification process, the On-Site Evaluation, we interview the Business Owner/Sellers of the matching businesses to see if the Business Owner/Seller is reasonable, decisive and dedicated to the process of selling a viable business, and seeking a reasonable price. We also analyze and evaluate the business to see if there is sufficient owner’s cash flow for the new owner to be able to service their debt after financing the purchase and to earn a living. We then help both the Apprentice/Buyer and the Business Owner/Seller to achieve their goals.
*In the United States tax law, the definition of fair market value is found in the United States Supreme Court decision in the Cartwright case: “The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.” United States v. Cartwright, 411 U.S. 546, Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas. (CCH) 12,926 (1973) (quoting from U. S. Treasury regulations relating to Federal estate taxes, at 26 C.F.R. sec. 20.2031-1 (b)).