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Following their comprehensive review of our business plan and analysis
of our financials, Berenson implemented overhead reductions and a complete restructuring of the company.
They took us from losing over $1 million dollars a year to breaking even the next year.
Then, after helping us obtain a new lending institution, they developed and helped us execute
a plan to return us to profitability. | |
President
Clothing Manufacturer | |
| We were a start-up company that needed to raise capital and to eventually
sell shares to the public. Berenson worked with us every step of the way, from the organizational stages to a very successful IPO. |
| President
Software Developer |
| We were going through a very difficult financial period. Berenson completed an in-depth evaluation of our tax structure which resulted in a dramatic reduction of our tax liability. We were then able to keep the money in the company for operations purposes. | |
President
Retailer | |
| We were in a critical financial situation and had to cease operations. Although we had found a buyer, the deal fell through. The banks were ready to liquidate. Then, Berenson worked with all three banks and restructured the sales agreement so that we were able to be sold. If Berenson had not come through for us we would have lost everything. |
| President
Bathing Suit Company |
| We brought Berenson LLP in to consult on a new computer system. They dissuaded us from purchasing the system we originally considered, and directed us to a system that was one-third the cost and much better suited to our needs. Our original choice would have been a drastic mistake. | |
President
Importer of Women's Shoes | |
| My husband died, leaving me to make financial decisions for which I was totally unprepared. Berenson helped me administer the estate and led me through the tax and financial planning processes. They were there for me when I needed them during a very difficult time, and I continue to rely on them when I need to make important financial decisions. |
| Widow |
| We were extremely dissatisfied with the service we were receiving from our ‘Big 6' accounting firm. The decision to change firms and work with Berenson was the best decision we ever made. In three months Berenson learned more about our company than the other accounting firm learned in four years. They have become totally immersed in our business. They work with, not for us. | |
President
Manufacturer of Women's Accessories | |
| We needed a lot of "hand-holding" and guidance regarding our computer systems. Berenson LLP was really part of our team. They provided direction, guidance and unparalleled expertise. |
| General Manager
Country Club |
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We were working on a joint venture with another company in the industry and we needed to use the business valuation services of Berenson LLP. They took the time to truly understand our business which resulted in a valuation that we felt more closely reflected the actual value of our business. | |
President
Distributor of Home Building Products | |
| Since our Big 6 auditors could not impair their independence, we retained Berenson to provide a personal planning and tax service for our executives. They could not have been more pleased with Berenson's professionalism, true caring and expertise. |
| CFO
Communications Provider |
| We have been very impressed with the tax partners at Berenson. They have been extremely pro-active in bringing to our attention many tax opportunities that have saved us significant tax dollars. | |
President
Advertising Company | |
| Berenson's special assurance service determined that our financial controls were in place giving great comfort to our shareholders |
| President
Retailer of Women's Apparel |
| If it weren't for Berenson I wouldn't be in business today. It's that simple. | |
President
Packaging Company | |
| Berenson's advice has been invaluable over the years and when it came time to plan for retirement, Berenson developed a plan to maximize my equity built up over so many years of work. |
| President
Jewelry Manufacturer |
| Berenson's Employment Management Services Division has been invaluable to us for our executive and staff recruitment. We also use this service for help with employment regulations and compliance issues. | |
President
Furniture Importer | |
| Berenson helped us look at our organization as a business. With their assistance we were able to trim our expenses which resulted in a balanced budget that compensated for the reduction in government funding. |
| CFO
Large Local Charity
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