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Century Business Services, Inc. Annual Report 2000 your business just got easier ® ®

your business just got easier - Annual report · your business just got easier ® mission statement We will provide an integrated offering of CBIZ’s core professional services in

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Page 1: your business just got easier - Annual report · your business just got easier ® mission statement We will provide an integrated offering of CBIZ’s core professional services in

Century Business Services, Inc.Annual Report 2000

your business just got easier®

®

Page 2: your business just got easier - Annual report · your business just got easier ® mission statement We will provide an integrated offering of CBIZ’s core professional services in

corporate profileCentury Business Services, Inc. - CBIZ - is in the business of making clients’business easier. In our fifth year of providing outsourced business services to small and mid-sized companies throughout the United States, we draw fromthe expertise of our large base of specialized professionals to assist in theareas that are crucial to the healthy operation of any business, from accountingand employee benefits to payroll and information services. Thanks to more than 5,000 employees working in over 200 offices across the country, CBIZ revenue exceeded $560 million in 2000.

Page 3: your business just got easier - Annual report · your business just got easier ® mission statement We will provide an integrated offering of CBIZ’s core professional services in

your business just got easier®

mission statementWe will provide an integrated offering of CBIZ’s core professional services in each

regional market, incorporating the services of CBIZ’s national practice areas as needed

and utilizing technology to enhance our product offering and streamline service delivery.

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22

As your new Chief Executive Officer, I appreciate this opportunity to review the year 2000 and explain the significant improvements

we have made to enhance the performance of our company.

By the start of 2000, after three years of rapid growth, primarily through acquisitions, we had reached a critical stage in our evolution.

Completing such a large number of acquisitions in a relatively short period of time was an enormous effort. As is often the case, the

infrastructure necessary to manage such a diverse and growing organization

does not always evolve at the same swift pace. This was the case at CBIZ.

The rapid growth the company experienced through 1999 resulted in the need

for greater corporate integration.

The challenge for our management team was to revise the management

structure, improve the management process and create an atmosphere that

fostered our working together as one business. This task was difficult, but made

easier by the fact that we had experienced and committed professionals working in business units that were well positioned in their industry.

When I arrived in the fourth quarter, substantial progress had already been made in the areas of expense and debt reduction, premises

consolidations and business unit rationalization. However, many of the business units were still not performing at expected levels. As a

team, we developed a plan to further stabilize the business, improve its financial performance and continue toward achieving our vision.

We have already accomplished a great deal. In December we hired a new chief financial officer, Ware Grove, who brings to us substantial

experience as a public company CFO with particular expertise in restructuring, integration and strategic planning. We implemented a

new organizational structure and management process, completed the consolidation of our accounting and cash management systems,

completed the divestiture of four non-strategic businesses and closed another which had lost money in 2000. Bank debt was reduced

from $158.5 million in March to $117.5 million by year end and the company adopted plans for significant further debt reduction.

Expense controls were revised and adjusted to be consistent with the operating plans for 2001.

As a result, the business is poised for very positive and profitable growth in 2001.

dear fellow shareholders

CBIZ has a unique marketopportunity and is the onlycompany that provides ourscope of services to smalland mid-market businesses.

2

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33

CBIZ has a unique market opportunity. CBIZ is the only company that

provides our scope of services to small and mid-market businesses.

At the core of our service offerings are those services that are used by

our clients on a regular basis and which are necessary for them to run

their businesses. These services, which we refer to as our core services,

include accounting and tax, employee benefits, property and casualty

insurance, payroll processing, wealth management, information technology

consulting, and human resource consulting.

In addition, through our National Practices division, CBIZ provides a broad range of services that were not readily available to

small and mid-sized market companies. These services include our ability to advise our clients on lobbying federal, state, and local

governments; the purchase, sale, and leasing of commercial real estate; the purchase and sale of businesses; capital raising;

business valuations; real and personal property valuations; medical practice management; health care industry consulting;

management consulting; and the installation and maintenance of computer equipment and supporting software.

With our structure, we can offer clients outsourcing capability for many functions that most small and mid-sized companies are

not equipped to handle themselves. This was CBIZ’s original vision. Our experience has enabled us to sharpen and refine it.

We are committed to making it work! In fact, in the pages that follow, you will see how CBIZ has begun to successfully apply its

model in markets across the country.

We are on the verge of achieving the true potential of CBIZ. In 2001, we will continue to work with each business unit to optimize

revenue opportunities, enhance client cross-serving initiatives and control expenses. We will continue our efforts to reduce debt,

to analyze the compatibility of our various business units and increase the array of products and services we offer our clients.

Our vision has great clarity - we will provide an integrated offering of CBIZ’s core professional services in each regional market,

incorporating the services of CBIZ’s national practice areas as needed and utilizing technology to enhance our product offering

and streamline service delivery.

We are in business to provide clients with premier products and services in a way that achieves sustainable earnings growth for our

shareholders while providing employees with opportunities for a career that is personally, professionally, and financially rewarding.

In summary, the prospects for CBIZ are strong and growing stronger. I am extremely impressed with the talent, commitment and

capability of our CBIZ employees. I am confident that we have the right plan in

place to harness the enormous potential of our company. I look forward to CBIZ

achieving great success in the future. We appreciate your loyalty and support.

Sincerely,

Steven L. GerardChief Executive Officer

CBIZ offers clients outsourcingcapability for many functions that most small and mid-sizedcompanies are not equipped to handle themselves.

We are on the verge of achieving the true potential of CBIZ.

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Business just got easier for Regina USA. This Cambridge, Maryland manufacturer was looking

for expert business services in a number of areas. It so happened that Regina USA’s consultant

for information systems was CBIZ relationship manager Jerry Newell, who had worked with

Regina USA for years and who was very familiar with the company and its operations. Jerry

explained to his client that his company, CBIZ unit Beatty Satchell Business Services, had a

number of resources to bring to the job. A call to CBIZ’s Steve Ochse to take care of Regina

USA’s tax accounting was just the first step in seeing to his client’s needs. Thanks to the well-

oiled CBIZ machinery in Maryland, this power transmission chain and conveyor belt maker now

relies on CBIZ for its tax accounting, benefits, payroll, 401(k), and HR outsourcing.

Business just got easier for Craftsman Press. This Cheverly, Maryland printing company’s

longtime business advisor Ron Kurtz, of CBIZ unit Kaufman Davis, knew that Craftsman’s

property and casualty insurance was up for renewal. Ron suggested his client look at a

more competitive source for its coverage and offered to bring in a P&C specialist out of

CBIZ Benefits and Insurance’s Cumberland, Maryland office. Craftsman liked what it saw.

Once Craftsman’s new P&C coverage was in place, Ron added 401(k) services to the mix.

Craftsman was so pleased with the one-source concept, Ron then called in CBIZ cross-serving

pro Jeff Blauvelt for an evaluation of all of Craftsman’s needs. With CBIZ now handling its bookkeeping, P&C, benefits, 401(k), and HR

outsourcing, Craftsman never needs to stop the presses to take care of the paperwork.

Business just got easier for Tidal Zone Associates, Inc. This information management consulting firm, located in Landover, Maryland,

had been a client of CBIZ’s Avis King. Avis knew that Tidal Zone was in the market for a number of services CBIZ offered. Knowing she

could count on CBIZ cross-serving pro Jeff Blauvelt to introduce these services to her client, Avis worked with Jeff to identify Tidal Zone’s

specific needs. Once Jeff showed the client everything CBIZ was capable of providing - expert service in every area through a single

point of contact - Tidal Zone was in. Now, Tidal Zone receives its benefits, property & casualty insurance and 401(k) services from a

single, seamless source - CBIZ.

Business just got easier for VidaMed, Inc. CBIZ business unit CMG Consulting started handling VidaMed’s 401(k) and investment services

for this Fremont, California-based medical device company in 1998. In his annual review, CMG’s Brian Blach identified an opportunity for

cost savings for VidaMed through CBIZ’s HR outsourcing services. Brian called Bob Maguire, an HR outsourcing expert at CBIZ unit SK

Consulting, to provide VidaMed with all of the capabilities of an HR department. At the same time, Brian noted that VidaMed was reviewing

its medical benefits provider, so Brian also brought CBIZ provider Hunt & Associates. With the 401(k) and medical program under one

provider, Brian showed them the CBIZsolutions.com website, which integrates these services for clients’ employees to access 24 hours

a day, 7 days a week. Once VidaMed saw the benefit of CBIZsolutions.com, they opted to use CBIZ for their payroll, COBRA, and Section 125

administration. Currently, via one relationship manager in Brian, VidaMed can rest assured that its business is in good hands.

Business just got easier for Turbine Technology, Inc. Referred to CBIZ by another CBIZ client, this Atlanta-based start-up manufacturer

and distributor of jet-engine parts was looking for support in just about every area - payroll, benefits, accounting, 401(k), and human

resources. Luckily, CBIZ Benefits and Insurance Services in Atlanta took its new client’s needs in stride. In CBIZ’s newly consolidated

Atlanta office, the client was able to meet with David Schuchmann for its bookkeeping, as well as with CBIZ representatives from benefits,

401(k), payroll, and accounting information systems. For the client, this meant one trip to take care of his company’s outsourcing needs,

only one day out of his schedule, and only one contact person going forward - CBIZ’s Lori Karriker - for all questions on any one of these

services, leaving him with lots of time to see to the launch of his aviation parts company.

cross-serving

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3

your business just got easier®

Business just got easier for York Pharmaceuticals. This private-label drug producer in

Kansas City, Kansas uses one trusted CBIZ source for several of its administrative tasks.

CBIZ Benefits and Insurance relationship manager Jim Vigliaturo mentioned CBIZ’s payroll

and benefits capability to an acquaintance who was dissatisfied with his current payroll

service provider. The acquaintance, who was also the CFO of York Pharmaceuticals, was

intrigued. After a presentation from Leslie Sargent in CBIZ’s Kansas City payroll office,

York Pharmaceuticals was hooked. CBIZ now provides York with payroll, 401(k), and

medical, dental, long-term disability, and life insurance services.

steve and jerry

bob and brian

lori and david avis and jeff

jeff and ron

leslie and jim

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ALABAMA | Medical Management Professionals, Inc. - Birmingham | Medical Management Professionals, Inc. - Decatur | Medical Management Professionals, Inc. - Huntsville | Med

| CBIZ Worksite Services, Inc. - Scottsdale | Century Surety Underwriters, Inc. - Tempe | Gordon, Zucarelli & Handley Business Services, Inc. - Tucson | Miller Wagner Business Serv

Walnut Creek | CBIZ Benefits & Insurance Services, Inc. - Los Angeles | CBIZ Benefits & Insurance Services, Inc. - Newport Beach | CBIZ Benefits & Insurance Services, Inc. - San Die

CBIZ Property Tax Solutions, Inc. - Citrus Heights | CBIZ Property Tax Solutions, Inc. - Los Angeles | CBIZ Property Tax Solutions, Inc. - Walnut Creek | CBIZ Southern California, Inc. - Lo

Consulting, Inc. - San Jose | Conrad Business Services, Inc. - Irvine | Hunt & Associates Business

COLORADO | CBIZ Business Services, Inc. - Arvada | CBIZ Property Tax Solutions, Inc. - Englewood |

Inc. - Englewood | RS&A Business Services, Inc. - Boulder | SKB Business Services, Inc. - Englewood |

FLORIDA | CBIZ Benefits & Insurance Services of Fl., Inc. - Orlando | CBIZ Business Solutions of Tampa

Company Business Services, Inc. - Miami | Medical Management Professionals, Inc. - Ft. Lauderdale | Me

Professionals, Inc. - St. Petersburg | Medical Management Professionals, Inc. - Tampa | MRP Business

Insurance Services, Inc. - Atlanta | CBIZ Property Tax Solutions, Inc. - Atlanta | CBIZ Valuation Counselors

Business Services, Inc. - Atlanta | Medical Management Professionals, Inc. - Athens | Medical Managem

SR Business Services, Inc. - Atlanta | IDAHO | M&S Consulting Services, Inc. - Boise | ILLINOIS | C

| Medical Management Professionals, Inc. - Springfield | Niederhoffer-Henkel & Co., Inc. - Chicago | Phi

Services, Inc. - Indianapolis | M&S Consulting Services - Indianapolis | KANSAS | BCC Business Serv

Concordia | G&C Business Services, Inc. - Greenleaf | M&S Consulting Services - Topeka | Medical M

Business Services, Inc. - Ulysses | SLW Business Services, Inc.- Emporia | Varney Business Services, I

Property Tax Solutions, Inc. - Lexington | M&S Consulting Services, Inc. - Frankfort | Medical Manageme

Professionals, Inc. - Hammond | Medical Management Professionals, Inc. - Lake Charles | Medical Man

Business Services, Inc. - Easton | CBIZ Benefits & Insurance Services, Inc. - Bethesda | CBIZ Benefits & I

| Century Payroll, Inc. - Bethesda | Century Payroll, Inc. - Cumberland | Kaufman Davis Business Services, Inc. - Bethesda | M. T. Donahoe Associates, Inc. - Columbia | Medical Man

Business Services, Inc. - Cumberland | RRSS & Co. Business Services, Inc. - Columbia | MASSACHUSETTS | CBIZ Business Solutions, Inc. - Woburn | MICHIGAN | CBIZ Prope

- Bloomington | Century Payroll, Inc. - Minneapolis | SK&B Business Services, Inc. - Minneapolis | MISSISSIPPI | Medical Management Professionals, Inc. - Jackson | MISSOUR

Solutions Group, Inc. - Kansas City | CBIZ Valuation Counselors - St. Louis | Century Payroll, Inc. - Kansas City | M&S Consulting Services, Inc. - Kansas City | Medical Management

| Tri-Tek Business Services, Inc. - St. Louis | The Weiss Group, Inc. - St. Louis | NEBRASKA | BA Business Services, Inc. - Omaha | CBIZ Benefits & Insurance Services, Inc. - Oma

Professionals, Inc. - Morristown | NEW YORK | CBIZ Business Solutions, Inc. - New York | CBIZ Retirement Services, Inc. - Syosset | CBIZ Valuation Counselors - New York | Niede

- Charlotte | CBIZ Valuation Counselors - Charlotte | Century Payroll, Inc. - Charlotte | Century Payroll, Inc. - Greensboro | M&S Consulting Services, Inc. - Raleigh | Niederhoffer-He

Financial Solutions, Inc. - Cleveland | CBIZ Network Plus, Inc. - Cleveland | CBIZ Property Tax Solutions - Cleveland | CBIZ Technologies, Inc. - Richfield | Century Surety Underwriters, I

Insurance Service Agency, LTD - Cincinnati | Employee Benefit Specialists, Inc. - Dublin | Medical Management Professionals, Inc. - Columbus | Medical Management Professionals, Inc

Business Services, Inc. - Columbus | MRC Business Services, Inc. - Fairbo

- Cincinnati | The Benefits Group Agency, Inc. - Cleveland | OKLAHOMA |

| Medical Management Professionals, Inc. - Tulsa | PENNSYLVANIA |

Benefits & Insurance Services of PA, Inc. - Blue Bell | CBIZ Business Solu

Solutions, Inc. - Philadelphia | CBIZ Retirement Services, Inc. - Blue Bell |

| M&S Consulting Services - Harrisburg | Trilogy Associates, Inc. - Conshoh

Management Professionals, Inc. - Chattanooga | Medical Management Profe

| Medical Management Professionals, Inc. - Harriman | Medical Manageme

- Austin | Business Valuation Services, Inc. - Dallas | CBIZ Actuarial & Be

Property Tax Solutions, Inc. - Carrollton | CBIZ Property Tax Solutions, Inc. -

Continuous Learning Group, Inc. - Dallas | Funds Administration Services, I

Management Professionals, Inc. - Austin | Medical Management Professio

Medical Management Professionals, Inc. - Midland | Medical Management

Business Services, Inc. - Salt Lake City | VIRGINIA | CBIZ Benefits & In

Tax Solutions, Inc. - Seattle | WASHINGTON, D.C. | Kessler & Associat

Group, Inc. - Morgantown | Envision Development Group, Inc. - Morganto

services

AccountingAdvisory and TaxBenefits Consulting and AdministrationCOBRA Administration and Compliance ReviewCompensation Plan Design and AdministrationConstruction Industry ServicesCustom Software DevelopmentE-CommerceExecutive Benefit ServicesFinancial Planning/Investment Advisory Government RelationsGroup Medical/DentalHospital ConsultingHuman Resources Management and Outsourcing Information Technology Insurance ServicesInternet/Intranet Development and Security

Litigation Advisory Long-Term Care Consulting M&A/Capital Advisory Marketing Consulting Payroll ServicesPerformance ConsultingPhysician Practice ManagementProperty and Casualty InsuranceProperty TaxReal Estate AdvisoryRetirement and Wealth ManagementSection 125 Plan Administration

and Compliance ReviewSuccession PlanningValuation/AppraisalVoluntary BenefitsWeb Site DesignWorkers’ Compensation

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dical Management Professionals, Inc. - Prattville | ARKANSAS | Medical Management Professionals, Inc. - Rogers | ARIZONA | CBIZ Actuarial & Benefit Consultants, Inc. - Phoenix

rvices, Inc. - Phoenix | CALIFORNIA | Business Valuation Services, Inc. - Los Angeles | Business Valuation Services, Inc. - San Diego | CBIZ Actuarial & Benefit Consultants, Inc. -

ego | CBIZ Benefits & Insurance Services, Inc. - San Diego/Del Mar | CBIZ Benefits & Insurance Services, Inc. - San Jose | CBIZ Benefits & Insurance Services, Inc. - Santa Barbara |

Los Angeles | CBIZ Valuation Counselors - Los Angeles | Century Payroll, Inc. - Los Angeles | CKS Business Services, Inc. - Bakersfield | CKS Business Services, Inc. - Oxnard | CMG

Services, Inc. - Campbell | Karling Health Care Consulting, Inc. - San Ramon | Norman Barken Associates, Inc. - San Diego | Shilling & Kenyon/SK Consulting, Inc. - San Jose |

Century Capital Group, Inc. - Englewood | CMG Consulting, Inc. - Englewood | ERIC Agency, Inc. - Englewood | Lake Business Services, Inc. - Englewood | M&S Consulting Services,

| CONNECTICUT | Century Surety Underwriters, Inc. - Farmington | Contract Surety Reinsurance Corp. - Farmington | DELAWARE | CBIZ Business Solutions, Inc. - New Castle |

pa Bay, Inc. - Largo | CBIZ Property Tax Solutions, Inc. - Maitland | CBIZ Worksite Services, Inc. - Orlando | Competitive Technologies Business Services, Inc. - Rockledge | McClain &

Medical Management Professionals, Inc. - Gainesville | Medical Management Professionals, Inc. - Orlando | Medical Management Professionals, Inc. - Pensacola | Medical Management

Solutions Group, Inc. - Jacksonville | SRTDA Business Services, Inc. - Boca Raton | GEORGIA | AH Business Services, Inc. - Atlanta | Benmark, Inc. - Atlanta | CBIZ Benefits &

rs - Atlanta | Century Payroll, Inc. - Atlanta | Century Surety Underwriters, Inc. - Atlanta | Continuous Learning Group, Inc. - Atlanta | DP & Co. Business Services, Inc. - Atlanta | EDG

ment Professionals, Inc. - Atlanta | Medical Management Professionals, Inc. - Gainesville | Medical Management Professionals, Inc. - Rome | Niederhoffer-Henkel & Co., Inc. - Atlanta |

CBIZ Benefits & Insurance Services, Inc. - Rosemont | CBIZ Business Services, Inc. - Westmont | CBIZ Property Tax Solutions, Inc. - Lake Forest | CBIZ Valuation Counselors - Chicago

hilip-Rae Business Services, Inc. - Naperville | Rootberg Business Services, Inc. - Chicago | Vine Street Business Services, Inc. - Oak Brook | INDIANA | CBIZ Benefits & Insurance

rvices, Inc. - Leavenworth | BCC Business Services, Inc. - Topeka | G&C Business Services, Inc. - Atchison | G&C Business Services, Inc. - Belleville | G&C Business Services, Inc. -

Management Professionals, Inc. - Kansas City | PDA Business Services, Inc. - Wichita | S&B Business Services, Inc. - Dodge City | S&B Business Services, Inc. - Greensburg | S&B

Inc. - Hutchinson | Varney Business Services, Inc. - Manhattan | WC&M Business Services, Inc. - Independence | WC&M Business Services, Inc. - Parsons | KENTUCKY | CBIZ

ent Professionals, Inc. - London | Medical Management Professionals, Inc. - Somerset | LOUISIANA | Medical Management Professionals, Inc. - Baton Rouge | Medical Management

nagement Professionals, Inc. - Monroe | Medical Management Professionals, Inc. - West Monroe | MARYLAND | Beatty Satchell Business Services, Inc. - Denton | Beatty Satchell

Insurance Services, Inc. - Cumberland | CBIZ Benefits & Insurance Services, Inc. - Severna Park | CBIZ Business Services, Inc. - Columbia | CBIZ Property Tax Solutions, Inc. - Columbia

nagement Professionals, Inc. - Baltimore | Medical Management Professionals, Inc. - Frederick | Nemphos, Weber Business Services, Inc. - Columbia | Riggleman, Smyth & Associates

erty Tax Solutions, Inc. - Dearborn | CBIZ Valuation Counselors - Grand Ledge | MINNESOTA | BVKT Business Services, Inc. - Minneapolis | CBIZ Benefits & Insurance Services, Inc.

RI | CBIZ Benefits & Insurance Services, Inc. - Kansas City | CBIZ Benefits & Insurance Services, Inc. - St. Louis | CBIZ Healthcare

Professionals, Inc. - Columbia | Medical Management Professionals, Inc. - Kansas City | MHM Business Services, Inc. - Kansas City

maha | NEW JERSEY | CBIZ Valuation Counselors - Lawrenceville | KA Consulting Services, Inc. - Cranbury | Medical Management

erhoffer-Henkel & Co., Inc. - New York | NORTH CAROLINA | Benmark, Inc. - Charlotte | CBIZ Benefits & Insurance Services, Inc.

Henkel & Co., Inc. - Highlands | OHIO | CBIZ Business Services, Inc. - Mayfield Village | CBIZ Corporate Offices - Cleveland | CBIZ

Inc. - Cleveland | Contract Operations Planning, Inc. - Cleveland | Contract Surety Reinsurance Corp. - Cleveland | Cornerstone Broker

c. - Dayton | Medical Management Professionals, Inc. - Middleburg Heights | Medical Management Professionals, Inc. - Toledo | MRC

born | S & S Business Services, Inc. - Akron | SMR & Co. Business Services - Mayfield Village | Southern Ohio Benefits Agency, Inc.

| CBIZ Information Technologies - Tulsa | CBIZ Property Tax Solutions, Inc. - Tulsa | Medical Management Professionals, Inc. - Muskogee

CBIZ Benefits & Insurance Services of MD, Inc. - Johnstown | CBIZ Benefits & Insurance Services of MD, Inc. - Uniontown | CBIZ

utions, Inc. - Bala Cynwyd | CBIZ Business Solutions, Inc. - Harrisburg | CBIZ Business Solutions, Inc. - Jenkintown | CBIZ Business

| CBIZ Retirement Services, Inc. - Marshalls Creek | Century Payroll, Inc. - Blue Bell | Continuous Learning Group, Inc. - Pittsburgh

ohocken | TENNESSEE | CBIZ Property Tax Solutions, Inc. - Nashville | Medical Management Professionals, Inc. - Jackson | Medical

fessionals, Inc. - Clarksville | Medical Management Professionals, Inc. - Cleveland | Medical Management Professionals, Inc. - Columbia

ment Professionals, Inc. - Knoxville | Niederhoffer-Henkel & Co., Inc. - Memphis | TEXAS | BBGPR, LLC - Fort Worth | Benmark, Inc.

enefit Consultants, Inc. - Houston | CBIZ Benefits & Insurance Services, Inc. - Dallas | CBIZ Business Services, Inc. - Houston | CBIZ

- Houston | CBIZ Property Tax Solutions, Inc. - San Antonio | CBIZ Valuation Counselors - Dallas | Century Payroll, Inc. - Houston | Century Surety Underwriters, Inc. - The Woodlands |

Inc. - The Woodlands | Health Administration Services, Inc. - Dallas | Health Administration Services, Inc. - Houston | Medical Management Professionals, Inc. - Amarillo | Medical

onals, Inc. - El Paso | Medical Management Professionals, Inc. - Ft. Worth | Medical Management Professionals, Inc. - Houston | Medical Management Professionals, Inc. - Lubbock |

nt Professionals, Inc. - Tyler | Medical Management Professionals, Inc. - Victoria | Moore, Tyler & Company, Inc. - Houston | UTAH | FPG Business Services, Inc. - Park City | FPG

nsurance Services of MD, Inc. - Fair fax | CBIZ Business Solutions, Inc. - Fair fax | Century Payroll, Inc. - Midlothian | Century Payroll, Inc. - Roanoke | WASHINGTON | CBIZ Property

ates Business Services, Inc. | WISCONSIN | CBIZ Business Services, Inc. - Waukesha | Rootberg Business Services, Inc. - Elm Grove | WEST VIRGINIA | Continuous Learning

town | Medical Management Professionals, Inc. - Charleston | CANADA | Tri-Tek Business Services, Inc. - Toronto

your business just got easier®

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Corporate Officers

Steven L. Gerard Chief Executive Officer

Jerome P. Grisko, Jr. President, Chief Operating Officer

Ware H. Grove Senior Vice President, Chief Financial Officer

Douglas R. Gowland Senior Vice President, Operations and Technology

Robert A. O’Byrne Senior Vice President, Benefits Administration and Insurance Services

Corporate Secretary

Michael W. Gleespen

Transfer Agent

Firstar Bank, N.A.1555 North RiverCenter DriveSuite 301Milwaukee, Wisconsin 53212414.905.5090

Corporate Offices

6480 Rockside Woods Boulevard SouthSuite 330Cleveland, Ohio 44131216.447.9000www.cbiz.com

General Counsel

Akin, Gump, Strauss, Hauer & Feld, LLP1900 Pennzoil Place - South Tower711 Louisiana Street, Suite 1900Houston, Texas 77002

Independent Public Accountants

KPMG LLPOne Cleveland Center1375 East Ninth Street, Suite 2600Cleveland, Ohio 44114

Security Markets

Shares of Century Business Services are listed on the NASDAQ stock market under the tickersymbol “CBIZ.” The listing found in most newspapers is CentBusSvc.

Shareholders’ Information

Copies of the Annual Report on Form 10-K for theyear ended December 31, 2000 as filed with theSecurities and Exchange Commission are availablewithout charge to stockholders upon request to:

Investor RelationsCentury Business Services, Inc.6480 Rockside Woods Boulevard SouthSuite 330Cleveland, Ohio 44131216.447.9000

corporate informationBoard of Directors

Michael G. DeGroote | Chairman, Century Business Services, Inc.

Rick L. Burdick | Senior Partner, Akin, Gump, Strauss, Hauer & Feld, LLP

Joseph S. DiMartino | Chairman, The Dreyfus Family of Mutual Funds

Harve A. Ferrill | Chief Executive Officer, Advance Ross Corporation

Steven L. Gerard | Chief Executive Officer, Century Business Services, Inc.

Hugh P. Lowenstein | Chief Executive Officer, Shore Capital Ltd. (Bermuda)

Richard C. Rochon | President, Huizenga Holdings, Inc.

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your business just got easier®

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Century Business Services, Inc.6480 Rockside Woods Boulevard SouthSuite 330Cleveland, Ohio 44131www.cbiz.com®