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Family Owned Businesses

Family owned and closely held businesses face unique challenges and opportunities. Decisions made by leaders of family owned and closely held businesses not only affect estate and personal income tax situations but also affect family and group dynamics. Careful attention to these interrelationships can uncover planning opportunities and structures that fulfill the goals of the business and its owners.

We approach your individual circumstances in a comprehensive manner to ensure creation of practical solutions to reach your desired objectives. Our team works in tandem with your professional advisors (such as attorneys, investment advisors, trust officers, bankers, insurance representatives and financial planners) to meet your goals and insure the development of a comprehensive plan. Since 1967, Isdaner & Company, LLC has been helping businesses like yours face these challenges and opportunities by providing services in the following areas:


  • Succession Planning
  • Compensation Issues
  • Shareholders’ and Buy-Sell Agreements
  • Estate Planning
  • Tax Planning
  • Entity Planning
  • Exit Strategies
  • Retirement Planning
  • Transition Planning

Isdaner’s Family Owned Businesses FAQs:

Our typical clients have established their business to offer a high-end product. Often, these establishments are family owned and operated with annual revenue ranging from $1 million to over $5 million. We have served a variety of retail establishments: automotive, gift, grocery, food and beverage, gardening, building materials, and technology.

We are uniquely qualified to serve the retail sector because we understand the issues faced by these clients: changes in consumer demands, fraud, financing, e-commerce and cybersecurity. Our professionals collectively have over 75 years of experience serving this sector. We have the insight to help the client maximize the profitability of the business and minimize their taxes. We work closely with the client with a focus on the client’s goals.

We offer a variety of services including: audits, reviews and compilations, buy sell agreement analysis, succession and tax planning, operation reviews, inventory management, internal control surveys, mergers and acquisitions, business planning and financial reporting. Our team works in tandem with the client’s professional advisors. This collaboration with attorneys, investment advisors, trust officers, bankers, insurance representatives and financial planners allows us to create a comprehensive approach to meet the client’s goals.

Interested prospective clients begin the process by contacting our marketing director, Jill Lock, at Jill will ask many questions to better understand the prospect’s needs. She may ask the prospective client for past tax returns and financial records as this will give us a picture of the prospect’s current situation. Jill will then discuss this information with the accounting team. An appropriate leader will be selected based on the criteria discussed. The team leader will then contact the prospective client to discuss the services to be provided. We will provide an engagement letter detailing our services and then the extraordinary experience with Isdaner & Company will begin. Clients rate our professionals highly on quality, care, and responsiveness of service. We take pride in the service we offer and consider ourselves to be partners with our clients in their business endeavors.