Owner-managed Businesses

Lack of planning causes a variety of problems for owner-managed businesses. Business owners that manage from bank account balances cannot identify potential cash flow problems. Owners that jump into a project, forgetting about proper costing end up wonder what happened to their gross margin. Owners that initiate the business by wearing all hats, causing the business to succeed with hard work and a variety of talents and do not delegate and train, end up wondering why they have no time and their business has no value without their participation. These are just of few examples of many well-recognized problems resulting from the failure to plan. Businesses that engage in strategic planning have a much better success rate - both for the current owners and for the heirs of those owners.

At Lipton LLP we represent diversity of owner-managed business clients including sole proprietors, partnerships and limited companies for which we deliver individually tailored accounting service and tax planning.