Example Case Study: Turning Accounting Work into $150K+ New Revenue

Background

A mid-sized bookkeeping and accounting firm with ~40 clients was generating steady revenue from monthly services, but growth had plateaued. They wanted a way to increase revenue without adding a large team.

The Strategy

Instead of outsourcing, the firm decided to:

• Offer SEC filing services directly
• Target existing clients needing higher-level reporting
• Use EDGARsuite^™ internally to handle filings efficiently

Execution

Within 6 months, they converted 10 clients into SEC filing engagements.

• Average fee per filing: $6,000
• Average filings per client: 2 per year
• Add-on services (review, prep, advisory): $2,000 per client

Revenue Breakdown

Here’s what that looked like annually:

Base Filing Revenue:

Add-On Services:

Additional Capacity (2 more clients due to efficiency):

Total New Revenue:

Cost of EDGARsuite^™

One-time software investment:

Net Impact

After software cost:

That’s a massive return on a single software investment.

Key Takeaways

• You provide the SEC filing service directly
• You keep the revenue inside your firm
• EDGARsuite^™ is used internally to increase efficiency
• Higher-value services dramatically increase income

The Bottom Line

This firm didn’t reinvent their business. They simply:

• Added a higher-value service
• Used better tools
• Leveraged existing client relationships

Result: Over $150,000 in new annual revenue.