Click here to view all the 2011 Pennsylvania Summit videos from the EisnerAmper YouTube Page.

Philadelphia Region Business Owners and Executives Gather for Latest Information and Workshops on Growing Privately Owned Businesses...

The first annual EisnerAmper Closely Held Business Summit, held at the Union League of Philadelphia, attracted a standing room only crowd of more than 140 executives, entrepreneurs and business owners. Event Chair and EisnerAmper partner, Tom Earley and his Organizing Committee presented the Summit which featured three workshops: Buying a Business - Financing and Capital Sources; Financial Issues in Selling a Business; and Financing an Internal Transition.  

Tom introduced the main session comprising a panel of business owners and venture capitalists who gave candid and detailed commentaries on best practices concerning issues such as operations, staffing, capital-raising, re-structuring and liquidity events.

• Wayne Kimmel, Founder of Artists and Instigators, moderated and provided a market and investment opportunity overview along with some trenchant remarks about the current economic environment.
• Michael Pearson, President of Union Packaging, urged attendees to concentrate on the fundamentals of audit, legal and banking relations and not be unprepared when a liquidity event comes along.
• Stu Siegel, CEO of Siegel Enterprises, a serial entrepreneur, emphasized the need for executives to be always current with market conditions and nimble when opportunities present themselves.
• Ross Rieder, Chairman of ReMed Recovery Care Centers, spoke about how a niche investment opportunity can flourish with close attention paid to sustainable growth.
• Harold Earley, CFO of FXI, Inc., commented on the requirement for resource staffing and how key players can help drive success.

The concluding Keynote was a highly entertaining presentation by Nick Sakiewicz, CEO & Operating Partner of the newest team to join Major League Soccer, The Philadelphia Union. Nick, a former professional player and one of the seminal figures in the organization of MLS, delivered a passionate and amusing account of what it took, as a business executive, to start a team from scratch during the worst recession in recent memory.