Professional Services
Professional Services
Industry Expertise
Architects, attorneys, marketing consultants, IT experts – whatever your profession, we bring clarity by helping you track revenues and costs by project or client, so you know which engagements are truly profitable.
Professional services firms face unique financial challenges: managing project-based billing, tracking utilization rates, handling retainers, and planning for the cyclical nature of client work. Standard accounting approaches often miss these nuances.
Michael Dolezal & Co provides tailored financial management that helps professional services firms understand their true profitability, optimize pricing, manage cash flow, and make informed decisions about growth and resource allocation.
Time & Billing Optimization
Implement systems to accurately track billable hours, utilization rates, and project budgets.
Trust Account Compliance
Ensure proper handling and reporting of premium trust accounts in accordance with state regulations.
Cash Flow Management
Manage the feast-or-famine cycle common in professional services with strategic cash flow planning.
Growth Planning
Financial analysis and valuation services for agency acquisitions, mergers, and succession planning.
Entity & Tax Strategy
Optimize your business structure and tax strategy for maximum efficiency as a professional services firm.
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You can count on us for professional, timely, and reliable tax and accounting services.