Industries

Professional Services

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.

Clients include:

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

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