In the project-oriented world of service providers, your profitability depends greatly on the people, processes and systems in place to keep work flowing through your organization. Leveraging your financial data can help you determine when to hire, make informed purchasing decisions and identify where the inefficiencies lie.

To help you run your service business by the numbers, Doeren Mayhew focuses our extensive industry expertise and resources into a dedicated Service Provider Group. Specializing in financial management and business processes, we offer a support system to help you create a more productive operation and reach higher profit levels.

Service Sector Experience

• Architectural, engineering and law firms
• Advertising agencies and branding firms
• Food service providers
• Franchise organizations
• Oil and gas service providers

Service Company Solutions

• Audits, reviews and compilations
• Internal control evaluations to help improve operational efficiencies, prevent theft and fraud, and ensure accurate financial reporting
• Tax planning strategies to identify savings opportunities
• Cost segregation studies to depreciate facility costs and defer income tax
• Estate and gift tax planning
• Choice-of-entity analysis
• Retirement and benefit plan consulting to prepare for your exit
• Establishing or improving in-house accounting systems
• Financial projections, budgeting and forecasting
• Cash-flow management
• Key performance indicators to monitor financials and employee performance, track trends and uncover opportunities
• Profit improvement analysis
• HR support, including assisting with organizational structuring and compensation planning
• Strategic planning
• Process improvement assessments to identify workflow weaknesses and enhancements
• System restructuring to maximize efficiencies
• Industry competitive benchmarking
• Risk management assistance
• Succession and exit planning
• Business valuations