Professional Service Firms
We understand the professional services industry since we are part of it ourselves.
Minnesota Professional Service Firm Accounting experts.
Professional service firms are looking to maximize profits, improve cash flow and build businesses with high value to support eventual sale or succession. We have a solid history of developing strategies to achieve these desired results. Our tax experts work with a wide variety of professional service firms to make sure they thoughtfully plan ways to minimize taxes and maximize the bottom line.
Our EXPERIENCE.
Smith Schafer has provided consulting to firm partners throughout Minnesota since 1971. Our Industry Expert Group, comprised of numerous professionals, is committed to serving over 350 Minnesota Professional Service Firms. Some of our clients have less than 10 professionals, while others have several offices around the country with hundreds of staff. Our extensive services enable us to move beyond tax and compliance to provide the advice you need to achieve your business goals.
We understand the industry and what keeps you up at night
Succession Planning
Partner buy-in/buy-out
Pass-through income
Cash Flow Plan, Prep & Forecasting
Restructuring Agreements
specialized professional service firm industry services
Accounting Services
Tax Planning
Mergers & Acquisitions
Succession Planning
Cash Flow Management
Audit & Review of Financial Statements
Accounting Software Consulting
401(k) and 403(b) Plan Audits
Bookkeeping & Payroll
Business Valuation
Projections & Financial Analysis
Technology Consulting
Let’s start the conversation.
Contact us today to schedule a consultation with one of our industry experts.
We specialize in the following industries
Our Client Survey Results
- Net Promoter Score 83.9%
Average NPS score in the accounting industry – 38%
- Understanding of Client Needs 92%
- Delivers High-quality, Error-free Work 94%
Industry Involvement
Why Professional Service Clients Choose Us
Professional Service Firm Industry Resources
BENCHMARKING YOUR PROFESSIONAL SERVICE FIRM
STAY IN-TUNE WITH CURRENT BUSINESS, INDUSTRY, ACCOUNTING AND TAX NEWS.
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Our client satisfaction is exceptional, as demonstrated by our 96.4% satisfaction rate.