Family businesses and offices face a number of unique issues and challenges not found in traditional corporate environments. Issues like succession planning, retirement planning and LLC/partnership taxation can be significantly more complicated when family members find themselves in the position of owners, managers and employees.
The Tax Warriors® at Drucker & Scaccetti understand that the distinct benefits and advantages of closely held business models can often be overshadowed by the kind of internal conflicts and communication breakdowns that most families experience at one time or another. That’s why we’ve developed a suite of comprehensive consultation and business services designed to help family-owned businesses overcome these challenges and work together to achieve their common goal of personal and professional success.
Click on the links below to learn more about Drucker & Scaccetti’s Family Business and Family Office Consulting services.
Family Business Leadership Practice
Family situations and dynamics can be complicated, stressful and emotional enough on their own. Add to this the pressures of running a business and, without the right perspectives in place, the results can be disastrous. When it comes to understanding and successfully navigating the intricacies of family businesses, we practically wrote the book on it.
Drucker & Scaccetti provides the expert consulting, mediation and advice you need to handle the management or transitioning of a family business. We work with you to overcome the unique challenges inherent in family offices and closely held business operations.
Our family business planning services and consulting areas include:
Family Business Retreats
In addition to the service areas listed above, Drucker & Scaccetti specializes in designing and conducting Family Business Retreats that address these issues and more, including the softer aspects of building trust, dealing with uncertainty and properly providing for family members who are not involved in the business.
Often, it’s necessary to step back from the day-to-day operations and work through the complex issues facing your family-owned business. Whether your closely held company consists of a spouse, children, nephews, cousins, siblings or in-laws, every member of the business needs to be on the same page.
Drucker & Scaccetti’s Family Business Retreats offer an excellent opportunity for individual members to blow off some steam, improve communication and refocus their efforts on the long-term, big-picture goals of both the family and the business. These retreats are also an excellent opportunity to address some of the unique challenges and issues facing family-owned companies such as succession planning, responsibility delegation, family trusts and successful family office organizational management. Addressing these issues in a safe, neutral atmosphere is essential for maintaining the health of your family business and all its members.
The Drucker & Scaccetti Family Business Leadership team provides the tools and resources to help focus all parties on the most important aspect of your business - your family.