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PROFESSIONAL SERVICE FIRMS Financial expertise to achieve your goals for growth and profitability

Accounting & Consulting for Professional Service Firms

In the professional service industry, relationships are at the core of your business, and at 415 Group, we maintain that same philosophy. Countless companies trust our firm to provide accounting services and business expertise to help them navigate challenges and build success in their business. Our consultants and CPAs get to know your firm, so we can tailor our solutions to fit your unique needs, from high-level advisory to detailed execution.

We work with insurance agencies, engineering firms, architecture firms and law practices throughout Northeast Ohio to manage cash flow, improve profitability and position for growth. Our solutions include state and local tax planning, accounting, benchmark and realization analysis, compensation formulas and more. Our goal is to provide the comprehensive and personalized support you need, so you can stay focused on what you do best — serving your clients.

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Our Solutions for Your Business

  1. Business accounting services

    We have a multidisciplinary team of certified public accountants to help you identify tax planning opportunities and improve your accounting operations.

  2. Succession planning

    What’s your vision for the future of your business? Whether you’re looking to keep your firm within the family or prepare for an upcoming sale, we’ll help you develop a comprehensive succession plan.

  3. Compensation and bonus formula

    Issuing bonus compensation to your team or shareholders requires a complex formula to calculate the appropriate allocation and tax liability. We can work with you to determine the best distribution.

  4. IT consulting

    Discover a cost-effective solution for your IT needs. Our managed IT service provides continuous visibility into your network and infrastructure, along with support from our IT Help Desk.

  5. State and local tax

    State and local income taxes (SALT) can be a complex component of your business or franchise, particularly for law firms and insurance carriers. Our SALT experts can help you understand your tax liability and filing requirements.

  6. Buy-sell agreements

    We offer transaction advisory services, including buy-sell agreements, so whether you’re bringing on new partner or exiting your firm, we can help you prepare for those transactions.

  7. Benchmark and Realization analysis

    How is your professional firm doing in comparison to others in your market? How productive should your employees be? We have access to a variety of benchmark reports and software to provide you with a thorough analysis.

  8. Outsourced Accounting

    Through our outsourced accounting services, we’ll handle the day-to-day accounting and bookkeeping needs of your firm, so you have more time to focus on serving your clients.

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