Local accounting and business advisory firm MarksNelson is launching a new, national practice targeted to small and medium-size businesses.
The firm’s Entrepreneurial Services for SMEs will offer cloud-based technology and outsourced accounting help that’s designed to reduce the amount of time that entrepreneurs spend on bookkeeping and finances. The firm says clients could, for example, approve payables on their smartphone while waiting in line at the store.
“Imagine what you could do with that time in terms of focusing on growing your business,” said Mark Radetic, managing partner of MarksNelson. “Not only do our SME best practice services free entrepreneurs to focus on their businesses, but we provide them with timely information on which to base smart decisions.”
With this new practice, MarksNelson is going after companies generating $1 million to $30 million annually.
The firm says its Entrepreneurial Services practice will be ideal for clients in a range of verticals: nonprofits, technology startups, professional services, real estate, construction and manufacturing.
In addition to bookkeeping services, MarksNelson’s Entrepreneurial Services will show clients how to use customer data to grow their businesses.
“Entrepreneurs need to understand the meaning behind their numbers to help them grow and succeed,” Radetic said. “That is why we tailored an approach that doesn’t just focus on historical data. We want to assist our clients in looking and moving forward.”
Clients can also access services including tax consulting, accounting software consulting and training, and strategic growth planning.
“We recognize the value for SMEs of reducing their time burden and freeing them to focus on their business, the benefits of a flexible suite of services, and the significance of being able to turn to a trusted partner to plan for strategic growth and successfully navigate scaling a business,” Radetic said. “Our Entrepreneurial Services are designed to match the customized level of support needed by each business.”