Under new leadership, Concannon Miller plans to continue its long history of being the top CPA firm serving franchisees nationwide while also growing its base among manufacturers and other Lehigh Valley businesses.
The company prepared for longtime CEO Bob Oster’s retirement for more than three years, with President and COO Ted Witman working hand-in-hand with Oster since November 2013. The firm also maintains its 12 shareholders, all who have advised business owners for decades.
“Even though Bob was our company face, our other shareholders and managers are highly trusted by their clients and well known,” Witman says. “We have a very strong team to keep us moving forward.”
Concannon Miller’s roots date to the 1920s and the modern firm incorporated in 1962. The 100-employee firm has offices in Bethlehem, Pa. and St. Petersburg, Fla.
Concannon Miller’s experience with McDonald’s Owner/Operators – which dates to 1969 – continues to deepen and expand. The firm currently serves more than 250 franchisees operating more than 1,200 restaurants in 42 states.
The firm’s experience working with manufacturers is just as longstanding and continues to grow and expand. Concannon Miller recently created a dedicated manufacturing team, with members Shareholder Andrea Brady and Manager Andrew Desiderio as Certified Manufacturing Professionals on their way to becoming Six Sigma Green Belt certified.
“We’ve helped many manufacturers and other privately-held businesses increase their cash flow and expand by finding tax opportunities they’d previously missed out on,” Brady says.
While continuing with its chief niches, Concannon Miller also plans to grow, both organically through new clients and possibly through strategic acquisition opportunities, Witman says. The firm recently completed a new 10-year strategic plan.
“We are a forward-thinking firm,” Witman says. “We bring so much more than just compliance services to our clients, and we believe many other businesses can be greatly helped through our tax planning and innovative approach to client service.”
Concannon Miller also plans to maintain its longstanding community involvement. That includes employee volunteer days, sponsoring community events and serving the boards of almost two dozen nonprofit organizations. ArtsQuest recently awarded the firm a Business Support of the Arts award.
“Citizenship is one of our seven fundamental values, and we’re proud to strongly support so many important community organizations in both the Lehigh Valley and St. Pete/Tampa area,” Witman says.
Witman is quick to add that all of this is possible due to the experience and expertise of the entire Concannon Miller team.
“We have a tremendous team that works together to go beyond normal expectations,” he says. “Our people are truly special!”