Teaming Solution

119 S Main St, Memphis, TN 38103

Memphis, Tennessee, United States

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Business facts

Estimated annual revenue~$878.3K
Estimated employees~5
Annual payroll (2021)~$298.8K
In business since2006
Based on reported payroll data

Contacts

Leisure, Travel, & Tourism

Information Technology and Services

Online Media

Computer Software

Information Technology and Services

Area statistics (38103)

Population13,981
Median household income$89,851
Source: US Census ACS

About

TeamingSolution is a leading provider of business driven information technology consulting, dedicated to helping management in industry and government organizations improve their performance and organizational effectiveness. With a talented team boasting extensive industry experience, the company consistently delivers real business results for its clients. TeamingSolution guarantees results and holds various certifications, including Minority Business Enterprise (MBE), Women Business Enterprise (WBE), and Disadvantaged Business Enterprise (DBE). TSFED is a Management Consulting Firm focused on Project Management, Change Management, and Information Technology Integration Projects.

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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Business Development Service.
ISIC Codes: 7020.

Market analysis

Earning above its category median in a growing category (Business Development Service).

EstimateCategory trend: 2024, +3.8%

Revenue trend (modeled)

~$511.9K2019
~$593.4K2020
~$687.8K2021
~$817.2K2022
~$834.6K2023
~$878.3K2024
Modeled from official industry statistics+11.4%/yr since 201980% confidence band: ±42%

Company profile

Employees (reported band)13-17
Observed

Property

Lot size0.86 acres
CountyShelby
On this lotshared with 61 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$48.7K · 4 jobs reported · implies ~$233.7K annual payroll · $49.4K forgiven
Second PPP loan (2021)$62.2K · 4 jobs reported · $62.5K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Business Development Service in Tennessee374~$481.8M~$1.3M~$621.4K5.0★1.4×
Category revenue trend2024: +3.8%2023: +4.6%2022: +13.1%2021: +12.8%Modeled from business-level estimates
Chain pressure5 chains expanding in this category, led by Verizon Business Services, TSBDC Martin Center, Marion Environmental (+40 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)827~$1.9B~$2.4M~$831.1K6,205~$609.7M1.1×
Professional, scientific and technical activities160~$417.0M~$2.6M1,109

1 km area (all businesses): median from the 698 of 827 businesses with estimates

Estimate

Area conditions (38103)

Population13,981 ±935
Median household income$89,851 ±$13,881
Median home value$375,000
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS

Historical Information

Old business websites and emails that no longer exist, informational purposes only.

teaming@tsfed.com
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