Peopleintheknow.com is Being Acquired by Integrated Business Solutions LLC for $225,000

Atlanta, GA, August 07, 2007 --(PR.com)-- Integrated Business Solutions LLC has agreed to purchase eighty percent of Peopleintheknow.com for $225,000. Peopleintheknow.com previous CEO Bobby Ellis of Businessesinthknow.com will retain 20% ownership and will stay with the new company until January 1st, 2008.

Businessesintheknow.com a division of Peopleintheknow.com and will be separated once the deal closes in late August. In a separate press release Bobby Ellis said, “Businessesintheknow.com will be my focus now. We grew Peopleintheknow.com to over 10,000 subscribers in six months, and published over 150 articles in its first ninety days of operations. I believe the new owners will be able to dedicate the time and resources needed to take the online publications global. Frankly, we just did not have to resources to take it to the next level.”

Peopleintheknow.com will continue to focus on helping entrepreneurs and business leaders access the necessary resources needed to grow their operation. Integrated Business Solution will integrate the lessons they teach and coach to start-up firms into the publication. According to Integrated Business Solutions Executive Vice President Mark Dowell, “Bobby and his team did a great job growing it membership list. Many of these members could use more directions and resources that Integrated Business Solution has provided to other leaders for the past nine years.

About the Companies Mentioned
Integrated Business Solutions LLC was founded in 1998. The company concentrates primary on coaching start up firms and bring creditability to their organization by linking them to resources needed to grow their business.

Peopleintheknow.com is an online publication that focuses on advancing entrepreneurs and business leaders by providing the necessary resources. Peopleintheknow.com was launched in 2006 by Bobby Ellis, Lamandres Williams, Chad Stewart, and Shunn Grace.

Businessesintheknow.com is the trend setter of business coaching industry. Businessesintheknow.com provides weekly executive coaching sessions to business leaders and owners wanting to learn and apply tried and proven business lessons learned from experienced and seasoned entrepreneurs through I-Pods provided to clients upon signing up.

Media Contact:

Press@peopleinthknow.com
Press@businessesintheknow.com

###
Contact
Peopleintheknow.com
Bobby Ellis
404-964-2927
peopleintheknow.com
press@businessesintheknow.com
ContactContact
Categories