Dan Steiner, President of Steiner Business Solutions, is proud to announce the acquisition of A&B Financial Services, located at 7278 Hanover Green Dr, Mechanicsville, VA 23111. The official transfer of ownership took place on September 1, 2012. A&B Financial Services was owned and managed by Bailey Ashworth. This acquisition is a great fit between two like-minded business owners who value the importance of client relationships and affordable professional services. A&B clients can look forward to seeing many of the same faces they dealt with before as several of the staff, including Mr. Ashworth , who will remain through the transition as contractors and employees of SBS. The office location on Hanover Green Drive will remain – but now SBS will occupy both floors of the building. Both firms provide clients bookkeeping, payroll, and tax preparation services; but now A&B clients will have even more services and resources available to them to help manage their businesses, grow their profits, and lower their tax obligations. With additional resources invested in the latest technologies, SBS expects to gain efficiencies in the way it provides its services and communicates with its clients. SBS is proud of the trail it’s blazed in the small business community since opening in 2006. We will continue to challenge the status quo. With the help of our clients and staff, we will continue to look for growth opportunities because we realize there are many small business owners who lack the time or knowledge to effectively manage the financial side
Planning for the future is essential in the business world. This is especially true for small and family-owned businesses. Steiner Business Solutions (SBS), a local leader in business consulting and development, has announced a new Business Succession Planning seminar to help guide business owners through the important steps of preparing for the day when it’s time to sell the business, or hand over control to a family member or key employee. SBS invites local business owners to attend the seminar on August 17th from 4:30pm – 6:00pm in the Newport Room at the Westwood Club. The event is free of charge. Visit www.steinerbusinesssolutions.com to learn more and register for the seminar. Dan Steiner, President of SBS, is partnering with Brian Hennaman, President of Spectrum Financial Group, to lead the seminar, which is the first in a series of financial planning events SBS will sponsor and host. The guest speaker will be Rebecca Bowen, an estate planning and business attorney from ThompsonMcMullan. “Succession planning is a priority for any family business, given that seven out of ten family- owned businesses fail to survive a transition from founder to second generation,” said Dan Steiner, President of SBS. “As a small business owner myself, I know first-hand the importance of planning for the future to ensure my business and my family flourish. Brian and I look forward to talking with local business owners and providing insight on how a well-designed succession plan can lead a family business successfully from one generation to the
Stewart Custis, Owner of Old Dominion Accounting, has recently merged his accounting and tax practice with Steiner Business Solutions in Mechanicsville, VA. Mr. Custis, a graduate of the University of Richmond, operated his company independently for over 3 years. Mr. Custis stated that a shared business philosophy, interest in contributing to a unique business model, and the opportunity to  expand his service offerings, led to the merger. “Dan and I found that we share the same philosophies and mentality regarding client service—their best interest is the only interest, be it accounting, tax or financial planning. Combined, we believe we offer our clients an extensive value-added skill set and customer experience.” said Mr. Custis.