Accountant Hands off Business to Daughter

Veteran accountant Dan O’Steen started his accounting business back in 1970. The business has been located on North Coit Street in Florence, South Carolina since 1978. He knows that retirement is near, but rests easy because O’Steen knows he will be handing the reins over to his daughter.

Allyson O’Steen Scott did not plan on being an accountant. She worked for a packaging company for 20 years, but didn’t like the traveling involved. She spoke to her dad and he told her he had a place for her in Florence. Scott moved her family from North Carolina to her father’s same neighborhood. She enrolled in school to learn the business. She is now fully credentialed and prepared for the transition to begin.

O’Steen has instilled in his daughter the knowledge that accounting is more than just doing taxes. “You do it to make your business successful. It’s not so much about us saving them money but to guide clients to make their life’s ambitions come to fruition. That’s the real reward of what we do,” says O’Steen.

Scott’s eventual plans may even include recruiting her husband into the family business.


Posted on February 18, 2014 at 10:00 AM