Family owned businesses are the backbone of the world economy. In the United States alone there are approximately 20 million family owned businesses. Family business owners face special challenges. Family dynamics influence every aspect of operations from compensation planning and management structure to succession planning. We regularly work with family owned businesses. Our professionals will work closely with you to develop clear, step-by-step business plans. We remain involved as you put the plans to work.

In addition to the usual tax services and accounting and assurance services you'd expect from a first-class accounting firm, our Family Owned Business Group offers more.

Establishing voting control and ownership percentages

Planning compensation programs and evaluating performance

Defining roles and responsibilities of family members

Providing for non-employee family members

Developing estate and gift planning recommendations

Maintaining loyalty and motivation of non-family employees

Retaining control while shifting ownership

Developing strategies for managing change as well as growth

Planning for succession

Positioning to sell your business

Tax planning and advisory services

Management consulting

Wealth planning

Complex business transactions