Accounting and Business Advisory Firm

The company primarily provides business advisory services and tax preparation services to physician, dental, and veterinary practices and proprietary businesses. Additional services include third-party retirement administration and guiding college athletes through the tax implications of income earned through Name, Image, and Likeness (NIL) payment.

Key Aspects

• Specialized business advisory services are targeted to the growing healthcare market including medical and dental group formation and practice management

• Multiple lines of business established to capitalize on accounting services related to tax preparation and tax liability minimization

• The company creates proprietary financial reports focused on cash flow to show clients monthly cash-in-bank values

• Low client concentration as no client comprises more than 1% of annual revenue

• Over 80% of employees work remotely

Opportunities

• Engage in targeted marketing within the existing markets or introduce new markets to expand the client base

• Offer transcription services to medical practices as part of practice management

• Build out services to the college athlete market recently engaged by the company

• Pursue provision of accounting services to a large Real Estate Investment Trust

• Sell additional products and services to the existing client base of over 4,000 entities and over 3,000 individuals 

Headquartered

• Southeastern US 

Current Markets

• The company provides services to medical practices, dental offices, veterinary clinics, and small proprietary businesses across the United States. 

Real Estate

• The company operates from three facilities located in different states.

• The three offices are leased from unrelated third parties.

• Management notes that there is room to grow in the current locations.