Charles King and his team have been long-time MGA clients, coming on board after searching for a new CPA firm that could offer them a more forward-thinking experience. Since then, we have provided fundamental guidance and expertise as their company, Vessel Blenders, has continued to evolve, truly making the complex simple.

Keep reading to see how we are more than just an accounting firm to them, always looking forward to what’s coming next and helping them build their future.

Blending Operations with Accounting Creates a Superior Solution

Charles King, Founder of Vessel Blenders, tells us that after the departure of his business partner, he began to capitalize on MGA's strengths and spread the company's wings. He knew that the MGA team were more than just CPAs who could get him a tax return. He started opening the door for higher-level conversations and strategic partnerships, which took his business to the next level.

One prime example is how we helped Charles and his team connect with a local banker. They previously partnered with a large bank, where they felt like just another number. When they switched to a local banking relationship, Charles tells us it was like night and day. At MGA’s guidance, they started talking to their new banker about opening a line of credit, as they wanted to be prepared and have it ready and available before they needed it.

Other excellent examples of how we have made the complex simple for Charles and his great business is by referring them to another specialist who could help them with tax credits and a consulting resource that enabled them to work on their team development. Charles tells us that these types of things are what set MGA apart from the rest. Fundamental building blocks, as such, were the guiding forces to help them move forward.

For the first time, they are now seeing a generation of not just bottom-line income but the energy they feel with their big-name partnerships. Many of these things are a direct result of sitting down with the MGA team every quarter and mapping out their vision.

Together, we are looking ahead at Vessel Blender’s future. Sharing the same vision and working together as a team to get there is key.

Behind the Scenes: The Real Benefits of Working With Like-Minded Entrepreneurs

Looking behind the scenes at the evolution of Vessel Blenders is a testament to their mission to provide consistent, high-quality solutions to customer quality and schedule problems inherent to onboard blending.

In 2010, Charles, an independent petroleum loss control contractor, was working with a client facing several challenges at a terminal in Houston, TX:

• compensating for complicated shoreline adjustments
• managing the onboard distribution of unique cargos to meet blend specifications (on a per-vessel tank basis)
• streamlining operations to minimize delays to the terminal

Charles innovated effective solutions, evolving as the client’s requirements became more complex. The results of his success led to him forming Petro Cargo, later renamed Vessel Blenders, to keep up with the demand for his services. The company and its reputation grew quickly.

While we may be in different industries, we understand the unique needs of Charles and his business because it's also at our Firm's roots. Not satisfied with the status quo, we set out to do accounting services differently, to do it better. And we have. As trusted advisors, we help entrepreneurs do what they do best: find innovative ways to open new markets and create real value.

More than understanding entrepreneurs’ specific problems and situations, MGA recognizes how creative people think, allowing us to work proactively together toward a common goal — success.

If you are looking for a more forward-thinking experience and a team to share your long-term vision with, we might be the right advisors for you.

Read more about how we work with other like-minded entrepreneurs. Or, if we can be of help to you today, let's talk.

“Before working with MGA, I never felt completely confident with my accounting. I rarely felt like something was explained 100% clearly to me, so I always had an uneasy feeling in the back of my mind. Once I started working with MGA, it was like night and day. Things really improved across the board, and I gained clarity out of the fog.” — Mark Waller, CEO / Managing Director at Proceanic

Proceanic has been an MGA client for three years now, and the quote above says it all. Before coming on board with MGA, they were lost in a sea of fog. They received conflicting advice, which, when questioned, often changed, and there were many gray areas overall. Past CPA services were “generally acceptable” (pun intended), but Proceanic did not have a tax advocate to think one step ahead for them, to think strategically.

Mark tells us that shortly after working with MGA and Partner Adam Barr in particular, many of those gray areas were picked up on and corrected. He also tells us that MGA helped in other areas where he feels his previous CPA would not have been able to, specifically related to research and tax development credits, employee retention credits, and capital expenditure depreciation.

“Things are a lot more organized, much clearer, and, being truthful, a little more expensive, which is okay because it’s money well spent, as you truly get added value. Overall, I am much more comfortable with where Proceanic is today, relating to our taxes and accounting. Our corporate administrator who runs Proceanic’s bookkeeping is also much happier with how things are going now.”

International Tax Experts: If We Don’t Have the Answer for You, We Promise to Find It

Proceanic has been in business for twenty years, starting as an engineering consulting firm in 2002, providing engineering project management and construction management services to the offshore industry. Later, the company evolved into providing underwater inspection services in addition to the engineering and project management. Underwater inspection now makes up the majority of their business.

Headquartered in Houston, Texas, Proceanic also has field offices in Singapore, Malaysia, and, more recently, Brazil. MGA has assisted in the operations of the two Asian corporate entities and has also been a significant help to Proceanic in setting up the Brazilian entity.

One thing Mark particularly likes about MGA is that we are quick to tell him when we’re approaching our limitations, but we are then able to draw on other resources when necessary. This is a perfect example of that. We are a proud member firm of PrimeGlobal, an award-winning association of independent accounting and business advisory firms located in more than 100 countries. This membership gives us all the advantages of a supersized global firm, with national and worldwide contacts we can reach out to for resources and expertise when needed.

Have a question about your global operations? Don’t worry. We have trusted resources to get you an answer.

Mark Puts His Growing, Successful Business in Hands He Can Trust

Over the past few years, Proceanic has gone from being hunter-gatherers to farmers. Clients now come to them first, as they’ve established their brand name and work with large, reputable companies in the industry. When these companies need any type of ROV inspection services, whether it be for offshore oil and gas, offshore wind, or inshore dams and water utilities, Proceanic is their first call.

As they continue to grow in size, revenue, and locations, Mark tells us that he needs an advisor he can trust. He is glad to have found MGA to be just that.

“Adam has an uncanny knack for clarifying questions in my head and giving me guidance. I’m not a financial guy; I’m a technical and commercial guy. My eyes start to glaze over when we talk accounting, and I can rely on Adam to clearly answer my questions when I have them.

Nine times out of ten, MGA is able to answer my question or solve my issue quickly and concisely. That one time out of ten when they can't, they tell me that immediately, but then they go out and find the answer for me.”

Read more about how we work with other global enterprises or how we help other well-respected clients in the oil and gas industry.