Family Businesses

FAMILY BUSINESSES 

In a family business, obstacles to success can include strained working relationships, communication problems, confusing roles, family conflict, compensation issues, and a lack of succession planning. At FK Advisors, our family business consultants are prepared help your family sort through these issues, in order to develop and maintain a thriving family business.

Our team will work with you to more clearly define expectations, develop long-term plans, establish clear lines of communication, and create a more positive environment that promotes stability and growth. Confidential interviews and facilitated meetings allow our consultants to gain a detailed knowledge of your business and both the family and market issues impacting its success. We can then create and implement a business strategy designed to optimize the growth of your family business.

We offer a wide variety of services to family businesses, including:

• Strategic planning
• Tax return preparation
• Tax planning
• Accounting and bookkeeping
• Outsourced accounting and CFO support
• Budgeting and forecasting
• Exit and succession planning
• Compensation planning
• Operational reviews
• Cash flow projections and analysis
• Identifying and tracking key performance indicators
• Profit improvement analysis
• Merger, acquisition, and joint venture consulting
• Estate planning
• Income and gift tax planning
• Charitable planning
• Retirement and benefit plan consulting