Robert H. Nice - Extracting Liquidity From the Family Business

Robert H. Nice Consulting

Business Activity

Mr. Nice has over 30 years of financial, operations, business ownership, and consulting experience. Robert has worked with over 100 clients to date and has assisted in the buying and selling of approximately 45 business transactions.

Mr. Nice started his career as a business analyst for a Kentucky based Small Business Investment Corporation (SBIC). This SBIC operated as a venture capital company with a pool of money to invest in new businesses in Eastern Kentucky. Mr. Nice reviewed hundreds of business plans and assisted in structuring numerous deals with business owners.

Mr. Nice also was vice-president of finance and general manager for a Kentucky based coal mining company based in Lexington, Kentucky. Mr. Nice was responsible for installing and implementing new computer and cost control systems for the company. He also brought new costing standards to the mining industry. In addition, he was responsible for over one million dollars in cost savings based on new equipment purchases. In addition to this, he helped the company negotiate coal contracts in the US and overseas.

In 1990 Mr. Nice moved back to Pennsylvania and became Controller at Rosenberger's Dairies, Hatfield PA. In his thirteen year stint at the dairy, Mr. Nice became vice president and CFO of this family owned business. In this role Mr. Nice was instrumental in the day to day management of the company and was involved in all facets of the business.

Mr. Nice started his own consulting company on a part time basis in 1995, and has been doing it full time since 2003. At this point in time he set up his own company called Robert H. Nice Consulting, LLC. In February 2006 he became a Partner On-Call Network franchisee. Robert has won the "Most Succesful Office Operator" Award for the years 2006-2007, 2007-2008, and 2008-2009.

In addition to these services, He has served on four business advisory board of directors, is a member of Indian Valley Chamber of Commerce, and a real estate investor in both Kentucky and Pennsylvania. Mr. Nice received an accounting degree from Temple University in Philadelphia, PA.

Community Activities

Mr. Nice has been very active in the local community and has served on numerous non-profit boards and community related organizations. This would include serving as Chairman of the Board for Spruce Lake Retreat, a Christian retreat center located in the Pocono Mountains. Mr. Nice has also been involved with Montco Assets based in Norristown, PA, whose purpose is to train and educate would-be entrepreneurs in the best practices needed to start and run a successful company. Mr. Nice teaches a course on finances for these classes, and in addition has served as a board member for ten years.