Katherine Studley is this week’s guest on Adult Site Broker Talk.

Katherine was raised in Buffalo, NY. She’s a tax accountant by trade and a creative in essence.

In 2021, she founded The Only Consultant, a judgment-free consulting firm dedicated to providing tax and financial advice to adult creators, exotic dancers, and other creative freelancers looking for a non-traditional tax experience.

She had the idea while scrambling eggs with $400 in her bank account.

Despite having no prior experience in entrepreneurship or the adult industry, it became clear there was an overwhelming need for straightforward, compassionate, and judgment-free financial help.

Her client list quickly grew to hundreds of small businesses.

In 2022, she founded Prisma Tax Group to help her clients achieve financial success and peace of mind.

By focusing on innovation, collaboration, and empowerment, they’re not your typical accounting firm.

She first started The Only Consultant in 2021.

At the time, she was employed by a government contractor in Virginia when she stumbled upon OnlyFans through TikTok.

Her initial idea was to create a brand that would sell an eBook.

However, as she marketed on social media, she found that people weren't looking for an eBook; instead, they were looking for an accountant.

For the first two years, she offered her consulting services for free while outsourcing the tax return preparation to a small tax firm where she had previously worked.

By November 2022, it was time to grow, so she established her own tax firm, Prisma Tax Group, alongside a business partner.

By July 2023, she purchased his share, becoming the sole owner of both ventures.

Their innovative approach in the accounting industry stems from compensating contractors with a percentage of the tax return preparation revenue and operating remotely. They ensure deadlines are met while maintaining flexible hours. In the adult industry, their innovation is evident as few accountants are willing to engage with this business.

Her strategy involves being hands-on with clients, traveling extensively to meet them in person, and building trust.

Currently, she provides tax services, bookkeeping, LLC and S Corp formation, and tax consulting services.

Her vision is to expand into life and health insurance, real estate, and any other services her clients may need, aiming to become the only consultant they will ever need.

You can find them at theonlyconsultant.com

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Listen to Katherine Studley of The Only Consultant on Adult Site Broker Talk, starting today at www.adultsitebrokertalk.com