Accounting Outsourcing and Consultations
Small and entrepreneurial businesses rarely have the luxury of having extensive in-house financial functions. This can be particularly difficult as they look to meet the challenges of growth: improving compensation and benefit plans, upgrading technology, undertaking strategic expansion, and so on. At each turn, senior management is likely to need objective, experienced advice or additional bandwidth.
CohnReznick maintains a practice dedicated to the specific needs of small and entrepreneurial businesses, including sole proprietors, S-corporations, C-corporations, limited liability corporations, partnerships, and not-for-profit organizations. We offer a range of services tailored to a company's specific life cycle point, including:
- Exit strategies and succession planning: We can help owners develop exit strategies that allow them to maximize retention of their assets, and develop succession plans that let them pass control to the next generation in a way that preserves the continuity of the business.
- Compensation: We can help owners develop strategic compensation plans for themselves, senior management and other employees that maximize retention while remaining flexible and sustainable.
- Compliance and back-office support: We provide owner-operated businesses with reliable, experienced support in handling day-to-day accounting matters as well as ensuring that essentials like tax return preparation are handled promptly.