TESTIMONIAL
“Hodgson Pratt has played a key role in our growth and success. Our issues included the integration of business and family, and they have guided us through a successful transition from one generation to the next.”
Ernie Rapoza, VP Finance
Delta Electric Motor & Generator, Co.
Cranston, RI
CLOSELY-HELD & FAMILY-OWNED BUSINESSES
Closely-Held & Family-Owned businesses represent a unique and significant part of our practice. For over 30 years, clients like you have turned to Hodgson Pratt & Associates, PC because we take the time that is required to understand the interpersonal relationships that color your business landscape.
In addition to all the regular issues businesses face, private businesses have the added challenge of dealing with owners and family members. This can complicate what might otherwise be straightforward decisions. It also affects other areas such as:
- Succession Planning
- Tax Planning
- Owner Transition
- Banking Relationships
We understand the nuances of working with partners and family and the financial implications for both the business and its owners. Since our business advice must often take into account family dynamics, we provide services such as Myers-Briggs Personality Profiles and Human Resources to create a better understanding of how those dynamics impact decision-making. Clients value our support as they transition from one generation to the next. Our commitment to family business is the reason our firm was a founding member of the University of Massachusetts Family Business Center.
Our Services:
- Family & Business Tax Planning
- Estate Planning
- Myers-Briggs Personality Profiling
- Projections & Forecasts
- Business Valuations
- Part-time Controllership
- QuickBooks Consulting & Training
- Strategic & Succession planning
- Family Wealth & Transfer
- Business Consulting
- Transfer of Business Interests
- Financial & Retirement Planning
- Bookkeeping Assistance
Our Commitment
Our commitment to your success means providing the best possible advice no matter how complex the issue. As a member of the BDO Seidman Alliance of Firms, we have access to a global network of accounting professionals. This association adds another level of world-class expertise not normally accessible to smaller firms.
Our team of professionals is committed to understanding your environment. Everyday, we measure our success by yours. And we succeed because Our Business is Understanding Yours.