Family Businesses

Family-owned and operated businesses are the backbone of the economy, not just locally, but around the country. Family businesses face unique challenges in every phase of their development from start-up to changes in ownership. McKonly & Asbury is proud to work with some of the region’s most successful family-owned businesses. We offer them specialized advice and support, drawing from decades of experience in helping families reach their goals.

In the United States, family businesses provide 65 percent of all wages, 50 percent of the gross domestic product, and involve 10-12 million companies. Family businesses possess ingredients for tremendous success – common purpose, shared values, and a tolerance for risk. We are proud to assist family businesses in learning to set and achieve objectives that provide a firm foundation for success long into the future.

Our team of consultants and accountants can assist you with:

  • Audit, Review, and Compilation Services
  • Federal, Multi-State, and International Tax Planning and Preparation
  • Outsourcing or Co-sourcing of Key Finance Functions, such as CFO, Controller, Internal Audit, and Tax Management
  • Internal Controls Review and Fraud Prevention
  • Performance Review and Benchmarking
  • Succession Planning
  • Transaction Advisory Services
  • Business Valuation
  • Executive Compensation Issues
The S. Dale High Center for Family Business

The S. Dale High Center for Family Business at Elizabethtown College provides education, resources, and information for all things related to families in business. From family issues to best business practices, The Center has developed an innovative blend of networking tools, guest speaker series, and access to resources dedicated to empowering entrepreneurial families.

McKonly & Asbury proudly sponsors The Center as they are a vital resource in helping to educate family business owners and successive generations in running a better business. Visit them online at http://thehighcenter.com/.

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