Growth among Pennsylvania’s home heating companies has been slow in recent years, fueled by conversions away from home heating oil to natural gas and other forms of electricity generation. For businesses in petroleum and heating oil sales, the changing energy landscape has made it more important than ever to diversify their business with some ...
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Peoples Security plans to open bank in Doylestown this spring
Scranton-based Peoples Security Bank & Trust Co. broke into the Lehigh Valley market when it opened its first branch in Bethlehem in 2014 and now, it’s eyeing an expansion into the Doylestown market.
Read More »Penn Community Bank to sell its insurance division
Perkasie-based Penn Community Bank has agreed to sell its insurance division, Penn Community Insurance, to Franconia Insurance & Financial Services, an agency in Telford.
Read More »Trending for health care vendors – end-to-end service
According to the Lehigh Valley Economic Development Corporation, the Lehigh Valley’s top industry by employment is health care and social assistance. More than 30,000 people work for the region’s two largest employers, Lehigh Valley Health Network and St. Luke’s University Health Network.
Read More »Before selling the business, bring financial order
Before selling your company, you have to ensure that the financial side of your business will be ready for analysis by prospective buyers. If you are not in a distressed situation or turnaround mode, and have time – ideally one to three years – prior to starting down the path with a buyer, a mergers and acquisitions specialist can help focus on the following key themes to get the financial side of your business ready for sale.
Read More »In mergers, keep one eye on benefit plans
The U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) have specific guidance regarding Form 5500 filings and the audits of financial statements for plans.
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