Small Biz

Arun Parameswaran, 24; Arjun Parameswaran, 22

Astutant Group
Fort Myers, Fla.

Arun Parameswaran, a Botswana native who earned his master's from the University of Illinois and is a CPA, says he has always been an entrepreneur. In college, he and his brother Arjun set up an Internet company. After graduation, Parameswaran found that there was an untapped market for accounting companies that could outsource. Since 2003, the brothers have built a company by acquiring and developing business-services companies and outsourcing a number of their services to India. Budgetax.com offers tax and accounting services; Astutant.com offers accounting services to small- and midsize businesses; and Accumed is a medical billing firm. Parameswaran estimates that his companies will earn $4 million in revenue this year. By 2014 his goal is to pull in $100 million.