professional service firms

Valuing your Professional Service Firm

Reading Time: 4 minute There are several applications in which the valuation of your business can deliver insight for guiding critical strategic decisions. For example, below are some common scenarios in which a valuation...
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Does the Employee Retention Credit Apply to your Firm?

Reading Time: 2 minute The Employee Retention Credit (ERC), introduced with the CARES Act, is a way for professional service firms to recoup wages paid to employees. Does your firm qualify?
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Benchmarking Your Professional Service Firm

Reading Time: minute How does your professional service firm stack up? Like many others, the professional services industry is walking a tightrope to manage cash flow and maintain its workforce. Benchmarking can be a...
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Accounting Basics for the Professional Services Industry

Reading Time: 3 minute   Understanding the Accounting basics of Professional Service Firms Accounting can be complicated and is a crucial component of a firm's operations, regardless of its size. Many growing professional...
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Pandemic Affecting the Professional Services Industry

Reading Time: 2 minute The professional services industry is feeling the impact of the COVID-19 crisis in a variety of ways. Firms are adjusting to remote working and new client engagement models, all while navigating...
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Growth Strategies for a Professional Service Firm

Reading Time: 2 minute According to IBISWorld, most professional service firms’ revenue has been adjusted to decline in 2021 due to a falling demand and tighter budgets. The professional services industry is facing how...
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5 Areas Professional Services Firms Should Focus On

Reading Time: 3 minute COVID-19 has presented various challenges for professional services firms in 2020, unlike anyone could have foreseen. We understand the professional services industry since we are part of it...
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R&D Tax Credits: Easy & Effective Tax Savings

Reading Time: 2 minute Maximize Your Cash Flow
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