Whether a law firm or an advertising agency, an architectural firm or insurance agency, professional services firms must draw upon human capital and intellectual property as the key resources for generating revenue. KFMR has assisted numerous professional services firms with management, financial, and operational areas of their business. Just some of these areas include succession planning to ensure smooth transition from shareholder to shareholder, expert tax planning and compliance to improve profitability, and employee benefits plan administration to attract and retain valuable employees.

Specialized Consulting

• Accounts receivable assessments
• Operations assessments 
• Start-up practices/entity selection
• Merger, acquisition, or sale of practice
• Managed care contracting strategies
• Compensation and incentive strategies
• Commission Tracking
• Strategic and business planning
• Contract negotiation support
• Fee structures
• Optimization of cash flow
• Project feasibility studies/joint ventures
• Billing and collections procedures
• Cost/benefit analysis of services
• Admission of new shareholders/shareholder buy-outs
• Succession and retirement planning