Alyssa Hodges, CPA, CVA contributed to the NH Business Review this month for their Ask the Experts section on Succession Planning.
"Q: What role does an accountant play in the early stages of business succession planning, and when should business owners engage your firm in the process?
A: As accountants at Mason + Rich, our goal is to be more than compliance partners. We work with business owners to help establish or understand what drives value in their business. Understanding what drives value, whether it’s revenue growth or other performance metrics, helps establish informed decision-making. Ideally, this mindset should start early, but it’s never too late to begin.
"Q: What role does an accountant play in the early stages of business succession planning, and when should business owners engage your firm in the process?
A: As accountants at Mason + Rich, our goal is to be more than compliance partners. We work with business owners to help establish or understand what drives value in their business. Understanding what drives value, whether it’s revenue growth or other performance metrics, helps establish informed decision-making. Ideally, this mindset should start early, but it’s never too late to begin.
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