IncFact
Company Profiles: Revenue, Growth, Competition

Document Preparation Services Industry

NAICS: 56141

For additional companies see the Business Support Services Industry

Contents

.Document Preparation Services Market Share: Largest Companies in the Document Preparation Services Industry

Company HeadquartersRevenue ($ MM)
RECORDXTECHNOLGIES DBA ONTELLUSHouston, TX100 
HEALTHMARK MEDICAL GROUP LLC DBA HEALTHMARK GROUPDallas, TX98 
XCELLENCEMission, KS84 
AMERICAN BENEFITSSpringville, UT60 
MIMEO.COMMemphis, TN58 
CENTRAL RESEARCHLowell, AR47 
INFOSENDAnaheim, CA40 
INFUSION SOFTWAREChandler, AZ39 
AUTOMOTIVE WARRANTY NETWORKGreenwood Village, CO38 
SETAI HOTEL ACQUISITIONColfax, LA37 
HEALTHMARK MEDICAL GROUPDallas, TX35 
KUBRA ARIZONATempe, AZ34 
MD-IT TRANSCRIPTION SERVICESBoulder, CO31 
MIDWEST MEDICAL RECORDS ASSOCIATIONSchaumburg, IL28 
CYNERGISTEKAustin, TX26 
INTEGRATED MANAGEMENT STRATEGIESAlexandria, VA24 
BESTLIVING CARESan Leandro, CA24 
DOCMAGICTorrance, CA24 
SARGENT'S TRANSCRIPTION SERVICEJohnstown, PA23 


See exact company revenues in this list


This is a list of the largest companies active in the Document Preparation Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Document Preparation Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Growth: Fastest Growing Document Preparation Services Companies

A list of competitors in the Document Preparation Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Document Preparation Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Document Preparation Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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