Private Business Services
Entrepreneurs and owners of closely held businesses face specific challenges that call for specialized accounting and tax expertise: the linkage of personal and business financial interests, acquisitions or sale transactions, succession planning and estate planning. Time spent on these issues is time taken away from core business activities. EisnerAmper’s Private Business Services (“PBS”) Group exists to help business owners meet pressing accounting, tax, and financial-reporting issues, and to help owners drive growth and achieve their long-term financial goals.
PBS professionals work with family owned or closely held businesses of all sizes, as well as estates, trusts and family offices . Drawn from all industries, our clients may be start-ups, companies going through rapid growth, or mature, organizationally complex entities with sophisticated financial systems. Some PBS clients engage us for some level of financial statement service, including compilations and reviews. Others call on us for tax compliance services that include all aspects of planning, preparation, representation with IRS or state and local tax bodies, and specialty services for sales and use tax . We provide advisory services on matters such as financial reporting and controls, tax-minimization strategy, business process improvements, financial strategy plans, and benefit- and retirement-plan assessment, as well as pre-acquisition or pre-sale transaction road maps. We also help with accounting-system selection, implementation, training and maintenance.
Clients who work with PBS benefit from several distinctive EisnerAmper approaches. First, while we offer the full array of services to be expected of a national firm, we tailor engagements to fit the needs and resources of clients. Second, we involve partners or senior professionals in hands-on roles in every client project. Third, we operate from a perspective that clients are best served when certain financial issues – such as taxes– are approached as year-round planning and strategy activities. Fourth, PBS professionals continuously bring ideas to business owners/management to help grow their business or help structure businesses for ultimate sale or possibly transition to the next generation. And finally, we understand that the personal wealth of owners, partners and key executives are often closely tied to their business, and can coordinate investment advisory, insurance and financial strategies through EisnerAmper Wealth Management & Corporate Benefits LLC.
Our PBS clients operate with different levels of existing in-house resources. In most cases, we work with companies ranging from start-ups and early stage entities to mature business operations. We work as trusted advisors to existing client financial staff, owners and management. EisnerAmper places a strong emphasis on fostering long term relationships – not only with business owners, but all levels of management.