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FAMILY-OWNED BUSINESSES

At SingerLewak, working with Family-Owned Businesses has been not only a focus, but a core
competency our Firm has been working on since our inception in 1959.  Partners specializing in Family-
Owned, and closely related, Entrepreneur-Owned Business  Sector,  understand the unique structure 
and operating principles of this business.

Family-Owned Businesses have long been a driver of our economy.  Family-Owned Businesses
contribute significantly to both our local and national economies as evidenced by:

l The greatest part of America’s wealth lies with family-owned businesses.  Family firms comprise 


80% to 90% of all business enterprises in North America.

l Family-Owned Businesses contribute 64% of the GDP and employ 62% of the U.S. workforce.

l More than 30% of all Family-Owned Businesses survive into second generation.  Twelve percent 


will still be viable into the third generation, with 3% of all family businesses operating at the
fourth-generation level and beyond.

l 34% of family firms expect the next CEO to be a woman.

SingerLewak recognizes the significance of this, and individually tailors our service offerings to meet
the needs of your particular dynamics.

We understand the inter-relationship between the Goals of the Family, the Owner and the
Business.  Any one of these impacts the others in a significant way.  Indeed, the goals of the business 
are often times determined and driven by the goals of the owners and the owners’ family.  We 
illustrate this with our FAMILY BUSINESS GOALS MODEL:

SingerLewak has been at the center of these overlapping Family-Owned Business goals since 1959.

Our objective analysis and advice is built on more than 50 years of experience.  Combine this with your 
tremendous work ethic and drive, SingerLewak will help you and your Family-Owned Business, achieve
your goals.

Over the next few months, SingerLewak will begin rolling out a series of seminars, workshops and
“white papers” that specifically address the needs of Family-Owned Businesses.  We’re excited to
bring this to you!   In the meantime, please contact our partners for additional information and 
resources.

David Krajanowski, CPA


Managing Partner

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