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                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                  ----------


                                   FORM 8-K

                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the
                       Securities Exchange Act of 1934

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        Date of Report (Date of earliest event reported) March 6, 1998
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                        CENTURY BUSINESS SERVICES, INC.
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             (Exact name of registrant as specified in its charter)


          Delaware                                     22-2769024
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(State or other jurisdiction of                       (I.R.S. Employer
 incorporation or organization)                      Identification No.)

                                   0-25890
                                   -------
                           (Commission File Number)

                           10055 Sweet Valley Drive
                            Cleveland, Ohio 44125
                   (Address of principal executive offices)
                                  (Zip Code)

      Registrant's telephone number, including area code (216) 447-9000.
                                                         --------------


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ITEM 5. Other Events.

FOR IMMEDIATE RELEASE

                                         CONTACT: CHARLES HAMM, CHIEF FINANCIAL
                                                  OFFICER
                                                  -or-
                                                  EDWARD FEIGHAN, SENIOR VICE
                                                  PRESIDENT, PUBLIC AFFAIRS
                                                  CLEVELAND, OHIO
                                                  (216) 447-9000



          CENTURY BUSINESS SERVICES, INC. ANNOUNCES THE ACQUISITION OF
   FIVE COMPANIES WHICH WILL ADD OVER $33 MILLION TO THE COMPANY'S ANNUALIZED
       REVENUE, AND THE CLOSING OF TWO PREVIOUSLY ANNOUNCED ACQUISITIONS

CLEVELAND, Ohio (March 9, 1998) - Century Business Services, Inc. (Nasdaq: CBIZ)
("the Company") today announced the signing of agreements to acquire THE
CONTINUOUS LEARNING GROUP, INC. (CLG); ENVISION DEVELOPMENT GROUP, INC.; AND
MULTI-DIMENSIONAL INTERNATIONAL, INC. with offices in Pittsburgh, Pennsylvania;
Morgantown, West Virginia; Ponte Vedra, Florida, and operations in California
and Nevada, as well as, M.T. DONAHOE AND ASSOCIATES, INC. of Laurel, Maryland
(Washington, DC) and NATIONAL RETIREMENT PLANNING, Inc. of Jameson, Pennsylvania
(Philadelphia).

The combined revenue of the proposed acquisitions, if and when completed, will
add over $33 million to Century's annualized revenue.

The acquisitions of the CLG Group, Envision Development and Multi-Dimensional
International will be paid for with $15.6 million cash on closing and 1,376,435
restricted shares of the company to be locked up for two years, plus a potential
maximum earn-out amount of $4.8 million cash and 423,530 restricted shares of
the Company at $17 per share, to be locked up for one year after issue, if the
acquired companies increase their 1998, 1999 and 2000 pre-tax earnings by a
compounded annual rate of at least 25% over the 1997 pre-tax earnings base. The
acquisitions are subject to final due diligence and definitive agreements and
are expected to close before the end of March.

Century Business Services, Inc. is significantly increasing its human resources
and information technology divisions with the acquisition of CLG Consultants and
its affiliates, a national consulting and training organization. Providing
services to businesses ranging from mid-size to Fortune 100 companies, these
three companies are national leaders in their respective fields. The Continuous
Learning Group, Inc. and Envision Development Group, Inc., supply a wide range
of performance consulting and management services, education, and training for
all organizational levels, from the single office to enterprise-wide level.
Multi-Dimensional International, Inc. provides consulting and training services
for independent firms and the in-house operations of Fortune 1000 companies in
areas such as customer sales and service and employee help desks. Clients
include some of the largest companies in the telecommunications, transportation,
chemicals, utility, oil and gas, insurance




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and financial services industries. This unique and highly respected group will
continue to be led by its three founders, Leslie Wilk Braksick, Larry Lemasters,
and Julie Smith each of whom has been recognized for exceptional leadership in
large scale organization change and performance management consulting.

"We are extremely excited about becoming part of Century Business Services,"
stated CLG President, Dr. Leslie Wilk Braksick. "Century is a company that is
creating new and efficient solutions for the challenges facing America's
companies. CLG can now offer to Century customers state-of-the-art systems for
dramatically improving performance."

Commented Michael G. DeGroote, President and Chief Executive Officer of Century
Business Services, "We are very pleased to have these companies on our team.
They bring a substantial increase to our portfolio of human resource and
information technology services and are another step in our goal to becoming the
premier provider of outsourced business services to America's businesses."

Leslie Wilk Braksick, Ph.D. has achieved an outstanding reputation for
developing strategies and leading implementation efforts to improve performance
of various size organizations. One uniqueness of these consulting engagements
has been a significant return on investment for every client.

Larry Lemasters has received international recognition for his leadership skills
in designing and implementing large-scale organization change efforts both as an
executive and a consultant. Larry was the founding President and CEO of American
Transtech, an AT&T subsidiary, and Executive Vice President of Bell
Laboratories.

Julie Smith, Ph.D. has published numerous articles and co-authored a book titled
Performance Analysis, Understanding Behavior in Organizations, in the field of
performance analysis. Julie has led the design of training courses for several
large-scale training efforts in various market segments. Her consulting
experience ranges from small start up companies to Fortune 100 companies.

The acquisition of M.T. Donahoe, which is a pooling-of-interest transaction, and
the acquisition of National Retirement Planning, Inc. will be paid for with
$6,880,000 worth of Century stock.

M.T. Donahoe is a benefits administration services and distribution firm,
distributing benefit products and services to 2500 corporations through 1200
agents primarily in Maryland and Virginia. National Retirement Planning, Inc.
provides pension administration and investment services.

The Company also announced the closing of two accounting firms acquisitions
previously announced: the BCC GROUP (Braunsdorf, Carlson & Clinkinbeard, CPA's
P.A. and Bushman & Associates, CPA's P.A.) of Topeka, Kansas, and SEITZ, KATE,
MEDVE, INC. of Cleveland, Ohio.

Century Business Services, Inc. is a leading provider of outsourced business
services to small and medium sized companies throughout the United States. The
Company provides integrated services in the following areas: accounting systems,
advisory and tax; benefits design and administration; human resources;
information technology systems; payroll administration; specialty insurance;
valuation; and workers' compensation. These services are provided through a
network of over 82 Company offices in 26 states, as well as through its
subsidiary Comprehensive Business Services ("Comprehensive"), a franchise or
accounting services with 250 franchisee offices in 40 States. The Company serves
approximately 60,000 clients, of which approximately 24,000 are served through
the Comprehensive franchisee network. Management estimates that its clients
employ over one million employees, including 240,000 employed by clients of the
Comprehensive franchisee network.


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Forward-looking statements in this release are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those projected. Such risks
and uncertainties include, but are not limited to, the Company's ability to
integrate its newly acquired operations effectively with its existing
businesses; the Company's ability to locate and acquire other businesses in
furtherance of its aggressive growth strategy; the Company's ability to
adequately estimate its liability reserves for its insurance businesses; the
lack of market reverses in its investment portfolios; competitive pricing
pressures; general business and economic conditions; and changes in governmental
regulation affecting its insurance businesses or tax law changes affecting its
business services operations which are described in further detail in the
Company's filings with the Securities and Exchange Commission.

For further information regarding Century Business Services, Inc., call its
Investor Relations Office at 216-447-9000.



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                                  SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the 
undersigned hereunto duly authorized.

                                   CENTURY BUSINESS SERVICES, INC.


Date: March 9, 1998                By: /s/ Charles D. Hamm, Jr.
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                                      Charles D. Hamm, Jr.
                                      Chief Financial Officer






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