Attorneys, Medical Practice Groups & other Professional Services

Barfield, Murphy, Shank & Smith (BMSS) has worked extensively with professional service firms such as attorneys, advertising agencies, and medical practice groups.

BMSS understands the needs of a small business owner, and since we are a professional service firm, we bring a unique perspective to your business that has been developed through our own experiences in growing our company.  

Our expertise goes far beyond the accounting and tax services a typical firm might offer. As a “business partner,” we have helped firms with operations like bookkeeping, payroll preparation, computer system selection and implementation, compliance reporting, and outsourcing the controller function. We have advised companies how to better track billable hours and how to maximize those hours—changes that often have an immediate impact on the bottom line.

An area of vital importance in a professional service company is your personnel. We can assist you in a multitude of personnel issues, an area that is of vital importance in a service company. These include items such as developing an accounting and business manual, developing personnel manual, employee screening and background checks, employee testing, and developing benefit and compensation plans. 

We can also assist you in transition planning, mergers and acquisitions, and business valuations. 

You will want your accounting and tax partner to have solid experience in your industry. We have that experience right now and are ready to go to work for you.