When working with closely-held business or family business owners, our number one goal is to provide you with a high level of personal service grounded in strong communication, integrity, and innovation. By following this formula, we deliver customized business solutions, industry expertise, and practical advice that is effective for all of our privately-held clients.
We know that the majority of family business leaders juggle distinctive benefits and significant challenges. Their shared family history, legacy, values, philanthropic goals and emotional connections are the ‘secret sauce’ that holds the corporate enterprise together. But instead of being the glue that binds the company, these attributes can also evolve into insurmountable hurdles when petty jealousy, childhood resentments, vying for parental approval, or diverse capabilities and competencies get in the way of making smart business decisions.
Every closely-held business, whether it is populated with family members at the helm or not, deserves the care and thoughtfulness of a trusted advisor who will offer frank perspectives and honest insights combined with a thorough understanding of their industry and the technical accounting and tax skills needed for the best outcomes.
We also take into consideration that, depending upon the life cycle stage of your business, you will require different services and skills – all of which are critical to your continued success. From the start-up years of the first-generation entrepreneurial founder through growth and maturity to succession planning and successor generation integration, we offer all of the resources and technical expertise of any regional accounting firm, but with a cost effective fee structure and an uncommon focus on attentiveness and accessibility.
Through years of experience and continued education, our professionals have evolved into business-minded, solutions-oriented advisors who are here to collaborate and work together with you every step of the way. We have you covered! Our list of helpful services and support includes:
Accounting Assistance
- Bookkeeping
- Monthly/quarterly accounting and financial reporting
- Bank and credit card reconciliations
- Month end close procedures and journal entries
- Preparation of financial statements
- Customized reporting
- Expense tracking
- Cash management
- Budgets and cash flow projections
- Compensation consulting and calculations
- Sales tax filings
- Annual Form 1099 preparation
Financial Statement Preparation
- Annual, Quarterly, Monthly, and Periodic financial statement preparation services (monthly or quarterly management account statements preparation and delivery)
- Audit and Assurance Services for all clients that must address financial statement reporting requirements (investor, lender, or statutory/regulatory compliance driven) such as:
- Financial Statement Audits
- Reviews
- Compilations
- Agreed Upon Procedures (AUPs)
Business and Strategic Planning
- Partner compensation plans
- Partnership agreements
- Increasing Profitability
- Improving Cash Flow
- Increasing Financial Flexibility
- Enhancing Operation Efficiency
Sale of Business
- Planning – cleaning up books and records
- Audits or reviews of financial statements to uncover issues
- Due diligence – financial performance
- Tax efficient structure of the sale
- Tax planning and projections – understand the transaction and the tax implications
Mergers, acquisitions, buyouts, and dissolutions
- Financial due diligence – financial performance; tax obligations; deal structures
Tax/financial Planning Services
- Individual and business tax return preparation
- Tax planning
- Tax credits and incentives
- Tax projections
- Charitable giving strategies
- Retirement plan considerations
- Representation during federal and state tax examinations
With an emphasis on a responsive, proactive communication style, we have been able to we differentiate the firm and build lasting and meaningful relationships founded on trust that deliver helpful insights and solutions in these fundamental areas: