Industries

Technology Based Companies and Start-Ups

The Knoxville area is home to the Tennessee Technology Corridor, and our firm has worked with several start-ups that have developed in the Oak Ridge area. From inception, Daugherty & Company has provided support to technology-based businesses, including development of operating budgets, complete accounting and tax preparation services, and other management consultation.

Government Contractors

We have served the Oak Ridge area for over twenty years in all areas of accounting, tax, indirect and direct cost management, project management, and budget preparation. Our team has extensive experience working with DCAA on pre-contract award audits and incurred cost audits and proposals. We have provided support to the largest scientific instruments company in the world in the area of indirect rate formulation and project cost formulation.

Restaurants

Restaurant owners face many areas of concern related to their business, including employee turnover, increasing food and non-food related operating costs, effects of congressional legislation on their bottom line, and state and local tax laws. We have helped clients successfully challenge Sales Tax Audit findings, saving our clients several thousand dollars. Services offered by our firm can help reduce the stress of managing a restaurant in today’s highly-regulated environment.

Construction

Our firm has extensive knowledge in preparing financial statements for businesses in the construction industry, including contractor license renewals. We understand the complexities of project management and record keeping, especially relating to managing commercial and residential construction projects.

Professional Service Organizations

Our experience includes monthly accounting support to doctors, engineers, and other professional service organizations, including providing full accounting and payroll services.

Family Owned Businesses

We are well acquainted with the difficulties in operating a family-owned business. Regardless of industry, we offer our experience in succession planning and other family-related transitions.

Agriculture

We have assisted several clients in agricultural related ventures, including family-owned farms and hemp farm startups.

Automotive Support Services Businesses

Our firm has assisted several business owners in the automotive support services industry, and we are very experienced in assisting them maintain adequate accounting and tax reporting systems.