AAACBC Inc. was incorporated in Cebu-City as AAA Commercial Broker and Consultancy Inc. in March 2006 by a few European and Filipino - Cebu based business citizens. The first idea behind AAACBC Inc. when becoming the first 100% dedicated business broker in the Philippines was to assist local but also foreign people to buy or to sell their business. In order to assist people in the Philippines as well as in other developing countries AAACBC Inc. shouldered together with other consultants an “Offshore Venture Capital Program” which was legally implemented in the Caribbean. During the same year 2006 AAACBC Inc. launched a business plan contest in the Philippines to emphasize “Entrepreneurship”.

Due to cultural disparities it quickly became visible and evident in 2007 that there is no market for “business brokerage” and this type of service providers in the small and medium size business segment in the Philippines. Consequently AAACBC’s management shifted the company’s field of activities further into consulting services, where they could bring in their valuable international expertise they were able to acquire over the past decades. This has proven to be the right choice for this young corporation. The “Offshore Venture Capital Program” performed well in 2007 and generated important referral and administration commissions for AAACBC Inc during this time.

Due to the judicious adjustments and assessments made in 2007 by the executive of AAACBC Inc., the company was able to perform very well in 2008. Neither the termination of the cooperation with the Caribbean “Venture Capital Program” in June 2008, nor the world wide economic and financial crises starting during the third quarter of 2008 were able to compromise AAACBC’s positive results. This is even more impressive that during the same period of time AAACBC had to deplore the step down of three of its most valuable collaborators and founding members of AAACBC Inc. Even through AAACBC Inc. was able to achieve their fixed objectives and reached an essential point of stability in its development. The corporation attracted new additional shareholders and board members who will be involved and will bring in further expertise and innovative prospects.

Today the corporate ownership is split into three major shareholder partitions:

• European Ownership 83.94%
• North American Ownership 15.76%
• Asian Ownership 0.30%

 

 

 

All the way through this year 2008 the result of achievements was most positive for the company and the “Outlook for 2009” is even better. Today AAACBC Inc. is looking into a bright future with a lot of new exciting openings and a vast expansion potential.