Exciting news is coming out of Greenville, where a local executive has just stepped up to lead a global business brokerage firm! Transworld Business Advisors has officially announced that JT Jim Tatem will be taking the reins as the new president. With over 30 years of experience in the business franchising sector, Tatem is gearing up to drive the company’s growth and strategic initiatives, as highlighted in a recent news release.
For those unfamiliar, Transworld Business Advisors specializes in connecting buyers and sellers of businesses, and it has been making waves in the industry ever since it launched as a franchise back in 2010. The firm was founded by Andy Cagnetta, who remains the CEO and continues to lead the high-level operations and global expansion efforts.
The previous president, Bill Luce, was instrumental in positioning Transworld as a leader in the business brokerage world during his fourteen years in office. Under his guidance, the firm flourished, setting a solid groundwork for the future. While Tatem now steps into this important role, Luce will stay on with Transworld’s Florida team as a Senior Business Advisor, providing valuable support to small and midsize business transactions.
You might be wondering what exactly qualifies Tatem for such a significant position. Well, his extensive career at United Franchise Group (UFG) speaks volumes! He has held various leadership roles, including president of UFG’s Established Brands Division. There, he was pivotal in overseeing some of the company’s top brands, such as Signarama and Fully Promoted, while also driving their global presence.
Interestingly, Tatem isn’t just a corporate executive; he’s also a current franchisee of the Transworld Business Advisors Western Carolinas franchise, having taken on that role in 2016. As he navigates this new chapter, his son, Eli Tatem, will step up to manage the day-to-day operations of the Western Carolinas franchise. Talk about keeping it in the family!
Andy Cagnetta expressed great confidence in Tatem’s abilities, saying, “JT’s leadership and dedication to growing successful businesses make him the ideal person to lead Transworld as we continue to expand our global footprint.” This certainly gives us a glimpse into the promising future the firm holds under Tatem’s guidance.
As Tatem takes on this new role, he plans to leverage his 30-plus years of franchise experience to support a network of over 1,000 brokers worldwide. His leadership style will focus on enhancing the services provided to entrepreneurs who are looking to buy, sell, or grow their businesses. Tatem is committed to fostering a culture of continuous improvement within his team and ensuring that they stay connected to buyers and sellers, facilitating business success on a global scale.
“I’m excited to bring my experiences from UFG to this new role and continue the momentum at Transworld,” Tatem shared in the release. His enthusiasm is palpable, and it seems he is ready to hit the ground running!
Aside from his work at Transworld, Tatem is actively involved in the broader business and franchising community. He sits on boards like the Carolinas-Virginia Business Broker Association, where he shares his insights into leadership, entrepreneurship, and franchising.
Greenville has a lot to be excited about with Tatem at the helm of Transworld Business Advisors. With his proven track record and dedication to helping entrepreneurs, there’s no doubt that he’ll guide the firm towards even greater success. Here’s wishing Tatem and his team a fantastic journey ahead!
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