Company Performance Metrics
Worker Bee Solutions, a small, successful (revenue-producing) accounting and tax preparation service in San Francisco, California, offers tax accounting and management accounting for small- to medium-size business clients. Joseph O'Connell, founder and owner, is moving beyond its current model and will expand his model to include bookkeeping
services for small businesses. This will require an investment in marketing, staff, and office space and capital equipment to grow the business to include this complementary line of business.
The business will offer clients bookkeeping services with the oversight of a CPA at a price they can afford. To do this involves hiring undergraduate student bookkeepers and a graduate student manager, keeping fixed costs as low as possible, and continuing to define the expertise and reputation of Worker Bee through its website resources. The effect will be revenue more than doubling over three years as 8 part-time bookkeepers are deployed to client businesses as needed, substantially increasing salary and dividends to the owner.
