Closely Held Businesses

Relatively few privately owned businesses have sufficient depth in their administrative ranks to be able to tackle issues that, in the case of publicly held companies, are addressed as a matter of course by the CFO and his or her staff.

In situations like that, Edelstein & Company is frequently called upon to function in an acting-CFO capacity as the company seeks to make good decisions affecting its top and bottom lines.

There's little in the way of financial issues we don't get involved in.

Among the considerations we help our clients address on a routine basis are cash flow forecasting, budgeting, buy versus lease analysis and preparing company performance reviews.

• For clients exploring the possibility of opening a new location, we are commonly asked to do break-even analyses, evaluate overhead costs and explore financing options available for the expansion.
• For clients expanding overseas, we have experience reviewing taxation issues in order to help their companies determine the financial structure that results in the most favorable tax situation.
• If a company is interested in adding a person to the ownership team, there are a number of issues we are commonly asked to address – what is the value of the company, how much stock should the new owner be issued, how much should he or she pay upfront to buy in?

In every instance, it's the close, personal relationships we have with our clients that allow us to become trusted advisors to them.