Industries

Professional Service Firms

As a CPA and advisory firm, we understand the professional services industry from both a service and business operations perspective. Service-based businesses face a unique blend of challenges, including addressing costing issues, developing methods for key employee retention and identifying fair methods for compensation. Recognizing these challenges, Vrakas helps professional service businesses plan for long-term growth and profitability, while maximizing benefits of owners and employees.

In addition to traditional accounting, auditing and tax services, our service industry specialists provide assistance in the following areas:

  • Strategic planning
  • Profitability analysis
  • Budgeting and forecasting
  • Operations review
  • Cash flow management
  • Incentive-based compensation structuring
  • Key performance indicator (KPI) development
  • Pension and profit sharing guidance
  • Technology consulting and support
  • Bank financing assistance
  • Internal control review
  • Fraud/Forensic services
  • Merger and acquisition due diligence
  • Business succession planning

Clients include:

  • Architects
  • Advertising Agencies
  • Engineers
  • Insurance Organizations
  • Law Firms
  • Logistics Service Enterprises
  • Medical and Dental Practices
  • Real Estate Agencies
  • Landscape Companies

Client Testimonial

“I have had the privilege of working with Vrakas S.C. as a client and as an accounting referral source for over 30 years. I continue to be impressed with the work quality and responsiveness in accounting, tax planning and valuation services supplied by them. Besides doing great work, they are great people.” Attorney Stuart R. Schroeder
Founder, The Schroeder Group, S.C., Attorneys at Law