Milestone Business Solutions Reports Record Growth and Adds New CFO Practice Leader

Photo Credit: Milestone Business Solutions

INDIANAPOLIS, July 16, 2024 (VSNewsNetwork.com) - Milestone Business Solutions, a provider of outsourced accounting and HR services, has reported significant growth in the first half of 2024. According to the company, revenue has increased at a rate of 140% per year since its founding in 2020.

Milestone has expanded its team with industry veterans, focusing on providing fractional services in accounting and human resources. This approach has enabled the company to cater to clients who require high-end services but are not ready to bring them in-house. “There is a real appetite for what we do,” said Tom Gabbert, CEO and Co-Founder of Milestone. “Entrepreneurs have embraced the fractional model and understand what a difference it makes to surround themselves with experienced professionals who know how to scale a company.”

The company also announced the addition of Tim Harvey as the Managing Director of its newly formed CFO practice. Harvey brings over 30 years of experience in finance and operations, having worked with various technology companies and venture capital firms. His role will include providing strategic executive experience across Milestone’s portfolio and developing offerings for the fractional CFO marketplace.

“For the past four years, Milestone Business Solutions has been supporting entrepreneurs and companies of varying sizes as they navigate their business journey. We have been getting more and more interest in fractional CFO work from our accounting and HR services clients,” explained Gabbert. “Tim’s experience working inside world-class technology companies and with venture capital firms and investment banks on both coasts, as well as here in the Midwest, will help elevate Milestone's sights on the market as we pursue our aggressive growth strategy across the U.S.”

Melissa Stout, Milestone Vice President of Client Services and Co-Founder, added, “With Tim Harvey joining our leadership team, we are putting a real focus on developing the CFO practice as a core business offering to the entrepreneurs who are out there making a difference every day. We will be able to better scale and serve our current and future clients going forward."

Harvey’s background includes serving as CFO for Moxo and Scale Computing, as well as holding senior finance leadership roles at WebEx Communications, Veritas Software, Silicon Graphics, and IBM. He has an MBA in Finance from New York University's Stern School of Business and a Bachelor's degree in Government from Wesleyan University in Connecticut.

For more information about Milestone Business Solutions, visit www.milestone.inc.

Source: Milestone Business Solutions via Newswire