Levine, Jacobs & Company Member Featured in NJBIZ Triple Play

Top Quote What to do when selecting a business successor. End Quote
  • (1888PressRelease) December 10, 2015 - Livingston, NJ - Michael H. Karu, CPA/CFF, Past-Managing Member, Levine, Jacobs & Company, L.L.C., was recently profiled in NJBIZ Triple Play. In this feature, Karu discussed the necessity for business owners to choose a successor, whether or not they plan to retire in the near future. This is a necessary process to ensure the company is poised to continue before the owner decides to formally retire or leave the company.

    Some of the tips outlined by Karu include, "Business is business. Keep your emotions in check. This must be an objective decision." It is important to select the most qualified person, regardless of whether or not they are a family member. Training the successor is also crucial since this will ease the transition of roles. Karu also said that determining the financial aspects is a critical step to take for an easy transition.

    To read the entire article, please click here: http://bit.ly/1SzIIDz

    To speak to and/or set up an interview with Michael Karu, please contact Amy Delman, Amy Delman Public Relations, LLC, 201.563.4614 or amydelmanpr ( @ ) verizon dot net

    Michael H. Karu is qualified by the Superior Court of New Jersey, Family Part as an expert witness and as an authority on business valuations, specifically for closely held or family-owned businesses. Additionally, he is a Certified Divorce Mediator and is Certified in Financial Forensics. Mr. Karu received his B.S. degree in Business Administration from The Ohio State University.

    He holds professional memberships in the American Institute of Certified Public Accountants, the AICPA Tax Division and the AICPA Business Valuation, Forensics and Litigation Services Section. He is a member of the New Jersey Society of Certified Public Accountants where he has been active in the Litigation Services Committee, Business Valuation Sub-Committee, State Healthcare Committee, Committee for Non-Profit Organizations, and the Committee for Young CPAs.

    Levine, Jacobs provides a unique combination of twenty-first century accounting, business consulting and financial planning services to a diverse list of individuals located primarily in New Jersey, New York and Pennsylvania.

    The firm prides itself on its teamwork abilities where "every account receives the talent and expertise of the whole firm."Levine, Jacobs & Company, L.L.C. maintains memberships in the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

    NJBIZ, New Jersey's leading business journal, provides 24/7 business news coverage through its NJBIZ.com website and multiple daily e-newsletters.

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