Closely Held Businesses
Closely Held Businesses Financial Management
Closely Held Businesses, a major economic force in America today, each have their own unique concerns and accounting requirements.
Although finances are frequently interrelated, the business often represents a large share of the owner’s wealth and future security. A business’ cash flow can significantly impact its owner’s personal lifestyle. Because of these factors, it is especially important for Closely Held Businesses to have a relationship with an accounting and financial management firm they can trust.
SL&C understands the unique dynamics of Closely Held Businesses. We devote the time necessary to build consensus among stakeholders. We assign each client a dedicated Satty team who comes to know your family members, operations, business and personal goals. Our objective is to build lasting, trusting relationships in which you will feel comfortable asking any questions or sharing any challenges.
SL&C assists you throughout the entire business life cycle, from formation and choice of an appropriate entity, through expansions and acquisitions, to succession planning and planning for transitions and/or sales.
Specialized Services Include:
- Start-up assistance
- Accounting services
- Consultation on implementing proper accounting and computer systems
- Audits, reviews and compilations
- Business tax preparation and compliance services
- Tax planning and consulting
- Business advisory and evaluation services
- Employee benefit plans
- Business valuations
- Litigation support
- Succession planning
- Risk management
- Wealth management solutions
- Cash flow forecasts
- Mergers and acquisitions