Bond Beebe Accountants and Advisors
For nearly 80 years, Bond Beebe has worked hand-in-hand with many successful family businesses in the Washington DC area. The experience that we have gained over the years has been able to provide the right services for family businesses to reach their goals. Clients call upon Bond Beebe to identify the issues affecting their business, and to utilize our superior solutions to meet the challenges associated with their business and financial needs.
Family-owned and privately-held businesses are the backbone of American way of life. Family firms comprise 80% to 90% of all business enterprises in North America. The challenges that the family-owned business face from just starting out to transitional issues in a multi-generational business are much different than any other type of business.
There is no better position to spot business problems than those who work in the field of accounting. With a wealth of knowledge through our diversified experience, our team of advisors can help gamut of business issues such as:
- Estate and succession planning
- Strategic & long-range planning
- Entity structure and set-up
- Budgeting and forecasting
- Cash management
- Deferred compensation plans
- Fraud and forensic matters
- Financial structuring
- Tax compliance, including multi-state tax filing
- Human resource consulting
- Audit, review and compilation services
- Operational audits
Statistically, only 30% of all family-owned businesses survive into the second generation; 12% will still be viable into the third generation, with 3% of all family businesses operating at the fourth-generation level and beyond. Family businesses possess the right components for tremendous success, shared values, common goals, and a certain tolerance for risk. We are excited about our work with family businesses and we know we are good at it.
We proudly sponsor the Greater Washington Family Business Alliance, www.dcfamilybusiness.com, a vital resource in helping to educate family businesses and multiple generations in running a better business.
Accounting Resource Contact:
Geoffrey D. Brown, CPA, Principal
Bond Beebe, Accountants & Advisors
All Partners are available to consult with Alliance members on the issues that matter most – leadership, succession, finance and accounting, conflict resolution, and more. Click here for more information on becoming an Alliance member.