BizGro Partners Establishes New Territory in the State of Connecticut

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BizGro Partners, through its Regional Partner Program, has recently opened up a new territory in the state of Connecticut while aligning itself with Lee Munch who owns a company known as Monarch 13. BizGro Partners is a well structured organization that instead of charging their clients for their time and advice, BizGro Partners serves as a strategic partner for its clients and works on a profit sharing/cost sharing basis; this simply means that BizGro Partners is willing to share in the costs associated with executing a particular strategy for growth in exchange for the opportunity to share in the profits that are produced by the strategy itself.

Generating fees on success can be very lucrative and rewarding since you know that if you earn money, the actual job got done. - Lee Munch, Connecticut Regional Partner

BizGro Partners, a company currently headquartered in Edgewater, New Jersey, has a 13 year history and has deemed itself as a Business Development Firm that consults with entrepreneurs in the B2B space who are aiming to grow, expand, and transition their business. BizGro Partners helps its business clients either procure more customers through the use of its sales and marketing organization, or they help their clients gain access to capital or other resources through the execution of strategic transactions which can include a business acquisition, a business sale transaction, a capital raise, or the procurement of a strategic partnership with an outside firm. Currently, BizGro Partners has worked with businesses in 63 industries in the healthcare, manufacturing, wholesale distribution, import/export, transportation, warehousing, and the business service arenas. The business is founded and operated by JC Maldonado, Sam Maldonado, and Martin Hoffenberg who collectively have 56 years of entrepreneurial and management experience. At the moment, the company’s staff comprises of 5 Regional Partners, 5 Account Managers, over 60 marketing personnel, and several independent sales people who are dedicated to servicing BizGro’s clientele. BizGro’s Regional Partner Program enables independent entrepreneurs, consultants, or coaches to sell its service offerings in a designated territory as a licensee. As consideration for these licensing rights, a Regional Partner pays a monthly licensing fee and shares in the profits produced as a result of selling BizGro’s services.

Lee Munch is a business coach, educator, speaker, and adviser who specializes in helping entrepreneurs improve their performance in the area of sales, marketing, operations, and leadership. The name of her company is Monarch 13 and is located in East Setauket, New York in Long Island. Lee has agreed to join BizGro’s Regional Partner Program which features independent business consultants who are contracted to sell BizGro’s service offerings.

When asked why she has decided to join the BizGro team recently despite already being self-employed and providing service to entrepreneurs herself, she responded by stating, “BizGro’s offerings are incredibly unique and fill a real need for American businesses to grow and expand their horizons. BizGro’s service mix also enables me to provide better service to the business community at large and allows me to service a more established entrepreneur.” She also states, “I have family roots in New England and her house in Long Island is close to the ferry boat that travels to Connecticut.” This is one of the reasons why she has decided to represent BizGro in Connecticut. Another reason is the Long Island territory was already taken by Ellen Volpe and Gene Brown who own a company American Business Associates (ABA), an Executive B2B Networking organization that has over 250 members across the tri-state area.

Apparently, the BizGro executive team also feels good about the relationship between Munch and BizGro and the prospects of growing in Connecticut. Martin Hoffenberg, who serves as BizGro’s Chairman, believes Munch has the attributes to do well as a Regional Partner and is an added resource to an ever expanding BizGro business team. He recently asserted, “Lee is a tremendous talent and has the skills to make a Connecticut a success for BizGro.”

What makes BizGro’s business model and offerings interesting is while they do offer entrepreneurs advice, direction, focus, and solutions as a business consultant and coach, they actually take it a step further and offer to execute the growth strategies they recommend. This saves the business owner the time and the money of having to hire in-house sales and marketing staff to grow a business. Normally, there are 2 ways to grow a company, either get a new customer, or make a strategic deal that lead to business down the road. BizGro offers to execute strategies aimed towards either getting new customers or making strategic deals.

Further, instead of charging their clients for their time and advice, BizGro serves as a strategic partner for its clients and works on a profit sharing/cost sharing basis; this simply means that BizGro is willing to share in the costs associated with executing a particular strategy for growth in exchange for the opportunity to share in the profits that are produced by the strategy itself. Because of this cost sharing/profit sharing arrangement, BizGro does not have a traditional service provider relationship with its clients and are accountable to producing results since they have monies and resources to lose if results are not produced by one of their recommended growth strategies. BizGro’s client relationship model resonates well with entrepreneurs because it is a different model from the traditional business consulting model that features the consultant/coach receiving profit regardless of whether results are being produced. The model also enables a Regional Partner, who serves as a business consultant to BizGro’s clientele, to generate fees through profit share arrangements with clients that can lead to more income beyond just charging the client for the time spent working with him or her.

“Generating fees on success can be very lucrative and rewarding since you know that if you earn money, the actual job got done, says Lee Munch.” “I look forward to working with BizGro and providing service to the various business communities in Connecticut.”

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Samuel A. Maldonado

Martin Hoffenberg, LLM, Esq
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