Closely Held Businesses

GMMM has always been a closely held business so we are well equipped to understand the unique challenges facing similar businesses no matter the specific industry.  Whether it is a medical practice, financial advising firm, insurance broker, contractor, consulting firm or something different, we pride ourselves on providing personalized service to help our clients from the day to day operations to the large decisions that can have extended impacts on the company’s future.  Our services for closely held businesses include:

  • Entity selection and structuring
  • Establishing internal controls and processes
  • Debt structuring
  • Arms- length transactions
  • Succession planning
  • Generation transfers
  • Compliance reporting including payroll, city business license renewals and business property taxes
  • Pension plan guidance and planning
  • Strategic planning for profitability and long term business plans
  • Banking relationships
  • Partnership disputes
  • Preparation of federal and state tax returns