Successful Transitions | Positive Results Abound

Center for Private Business Owners

With deep and comprehensive experience in the private business sector, PKF O’Connor Davies has been in business since 1891. We offer today’s private business owner an extensive and exceptional set of accounting, audit, tax and advisory services. Our Center for Private Business Owners provides a multi-disciplinary approach that allows our talented specialists to address business, personal and generational priorities, enabling owners to focus on ongoing operations and growth.

In this newsletter, we share the latest information on best practices for operating a privately held business, effective and successful succession planning, and helpful guidance on personal concerns for the private business owner. Not only will these insights help position you and your business for continued success, they will also help you serve your own clientele more efficiently and in compliance with evolving business and regulatory standards.

We invite you to peruse the following key topics in this issue:

Operating A Privately Held Business

CFO Insights: Building and Safeguarding Value Through Financial Planning and Analysis

Future-focused financial planning and analysis will create greater business value and better protect it. Read more >>

Intra-Family Transitions

Orderly Succession

Honest and open family conversation about retirement/succession will abate fears of change. Read more >>

Partner & Employee Succession Planning

Is Your Company Sale or ESOP Ready?

When it comes to your most valuable asset, preparation and planning are key to successfully selling your business to a third party or an Employee Stock Ownership Plan (ESOP). Read more >>

The Outright Sale

7 Reasons for Using an Investment Banking Team to Sell Your Company

An experienced investment banking team can enhance the value of your business and increase the certainty of closing. Read more >>

Book Club

Engaged Ownership: A Guide for Owners of Family Businesses is the owner’s definitive guide to the family enterprise. Whether you’re taking over a family business, family office, or trust, this book shows you how to work effectively with the management and board to keep the enterprise moving in the right direction. Find it here >>

Contact Us

Stephen Prostano, CPA, JD, LLM
PKF O’Connor Davies Family Office
[email protected] | 914.421.5615

Cynthia Adams Harrison, Ed. D., LICSW
Managing Director, Center for Private Business Owners
PKF O’Connor Davies Advisory Services
[email protected] | 914.575.2744