The managers of closely held firms face special challenges throughout the life cycle of the business, from set-up to succession plan. The Stonefield Josephson Private Companies Group offers privately owned businesses the full array of accounting services they require, delivering creative business and financial solutions to help meet the challenges of today's business environment. We provide guidance to the executives of closely held, emerging and family-owned businesses, helping our clients build value, increase profitability, secure financing and reach goals through sound ideas and follow-through. In between, we review the results of operation and assist in annual planning.

Our clients want—and we deliver—rapid turnaround, premier quality, and client-focused service and attention. We draw upon worldwide experience in a host of industries to provide it. It is our philosophy that each business offers a unique set of challenges, so we do not subscribe to a cookie-cutter approach. We therefore strategically analyze your current management, market approach and operations. Next, we customize a Profit Enhancement Plan for you based on your organization's culture, your business approach and goals, market opportunities and our findings.

The Three P's: Three Critical Steps to Growing Your Company
by Ron Friedman, Principal

"To grow a business, owners must focus strongly on three vital areas or risk derailing," says Ron Friedman, former president of Stonefield Josephson, a California-based certified public accounting firm. "When I sit with a business owner, we explore the creation and proper use of a business plan, the hiring and most effective use of the right people for immediate and future needs, and the best financial means of achieving goals." If you have a growing firm, Friedman recommends following these three critical steps... (more)

Services

Tax

• Business formation/entity selection
• Estate planning
• International tax
• IRS/state tax representation
• Planning/consulting
• State and local tax
• Tax planning for the business and owners
• Tax return preparation
• Valuation

Audit

• Audits, reviews, special examinations
• Internal controls analysis and recommendations
• Non-attest services
  • Preparation of monthly or quarterly internal financial statements
  • Contract and temporary bookkeeping services
• Practical analysis of financial information on ratios, inventory, expenses and breakeven points
• Sarbanes-Oxley compliance
• SEC compliance, consultation on going public, advising throughout public offering process

Advisory

• Acquisitions and divestitures of businesses and product lines
• Budgeting and forecasting
• Business consulting
• Business plans
• Debt and equity financing
• Family-owned business
• Finance sourcing
• Internal audit outsourcing
• Joint ventures
• Mergers and acquisitions
• Personal wealth, trust, and estate planning, including retirement planning, business succession planning, and charitable giving
• Public companies services
• Real estate purchases, leases and financing
• Setting up new business entities
• Succession planning and related estate planning
• Valuation, litigation support and forensic services