The Cost of Managing Consulting Entities the Old Way
What FIRMA Does for Consulting Businesses
Intercompany management fees
Charge management fees from your holding entity to your operating LLCs. Both sides of the entry post automatically. IRS-defensible documentation included.
Entity-level P&L by engagement type
Track profitability by entity — separate your speaking income, your retainer consulting, and your course revenue across entities with clean ledgers for each.
Consolidated view for tax planning
Your CPA needs to see the whole picture at year-end. FIRMA produces a consolidated P&L across all your entities in seconds — not at their hourly rate.
Approval-first controls
Every intercompany transaction requires controller review before posting. Clean audit trail if the IRS questions management fee arrangements.
Questions from Consultants
I only have 2 entities right now. Is FIRMA worth it?
The moment you have any intercompany transaction — a loan between entities, a shared expense, a management fee — FIRMA pays for itself in CPA hours alone. Most 2-entity consultants see ROI in month 1.
Can I track billable hours and client invoices by entity?
Yes. Each entity in FIRMA has its own invoicing, expense tracking, and AR/AP aging — all feeding into the consolidated view.
Does FIRMA handle S-Corp elections?
Yes. FIRMA supports S-Corps, LLCs, sole proprietorships, and partnerships — and your entity types can be mixed across your entity hierarchy.
Built for consultants with more than one LLC.
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