A family-owned business has its own set of reward and challenges, from succession planning to exit strategy. It also often means dealing with non-participating family members and other stakeholders. As such, there are often complex issues and sensitivities than need to be taken into account to serve the best interests of the business and the family.
Recognizing the unique needs and dynamics of a family business, and with agreed-upon objectives always in mind, Balkcom, Pearsall & Parrish CPAs, P.A. can help you plan for a seamless transfer of ownership and help structure your company for growth.