The Path to Profitability
1. Financial Systems Review
The Starting point for all Clients
Our 3-step program starts with a Financial System Review, this review of your current system and processes is done in a day and gives us an idea of what issues and pain points you are facing and what will be needed to get you on the right track.
This includes an introduction to the Profit First Systems, and a quick analysis of your current Profit First Standings.
One-time Investment of $500
Financial Systems Review Process
1
Onboarding Call
This call will be held at the beginning of the service, after I have access to your current software/excel sheets (either that morning or the night before) to review any questions I have regarding your systems and how you’re utilizing them.
We will discuss what your goals and needs are financially and cover what your current pain points are with your current system.
2
Full Review
The current financial software, spreadsheets, and other various websites being utilized for tracking and/or reporting your business financials.
3
Developing Recommendations
After reviewing your current setup, I will make professional recommendations regarding next steps. These recommendations can include:
- Tips for improving your tracking (with your current system and potentially QuickBooks)
- Tips for managing your finances including your spending, pricing, marketing, savings, etc.
- Help you set targets/goals to implement the next stage in your Financial Systems (This could be suggestions including upgrading software, hiring a bookkeeper, etc.)
4
Consultation Call
This call will be held at the end of the service after I have reviewed everything, (either the afternoon of the review or the morning after).
The focus of this call will be to provide you with a professional recommendation regarding QuickBooks Software, the services we provide and what benefits are associated with those services.
It can also include recommendations based on your current system.
2. Clean Up of QuickBooks File
An Audit-Proof System
In this step we will take a week or two (the length of time depending on the state of your books) and correct any errors and make the adjustments recommended as part of your Financial Systems Review.
We review the account details to we make sure that we move the transactions to the correct accounts and the account balances are tied to a verifiable number some where outside of QuickBooks.
Basically, we Audit Proof your system.
Investment: Varies
Your $500 for the Financial System Review acts as a down payment towards this service and will reduce your cost.
3. Monthly Service Package
Continue on the right path
The third and final step on the Path to Profitability is to enter our monthly coaching and
bookkeeping program the Profit Power-Up!
Pricing for the Profit Power-Up monthly program starts at $625 a month. Get hands-on training and accounting services that help you understand your financials, show you how your business can grow, allow you to do what you love without guilt, gain peace of
mind, and allow you to breathe again!
VIEW MONTHLY PACKAGES Below
The Profit Power Up
Includes:
- Profit First Coaching
- 4-week email starter course to get the ball rolling
- Owners Comp Calculations
- Financial Growth Deep Dive
- Kickoff meeting – Review of notes from starter course, set up bank accounts, calculate allocations, start reviewing expenses
- Quarterly Coaching sessions
- Monthly Financial Review Session
- Transaction Classification
- Sales Entries
- Sales Tax Payment and Return Processing
- Bank Reconciliations
- Minor adjustments to the Balance sheet and P&L accounts
- QBO Subscription (min $50 Value)
- QBO and Accounting Support via email and Loom
- State Sales Tax Support
starting at
$625
per month
The Bookkeeping Basics
Includes:
- Monthly Financial Review Session
- Transaction Classification
- Sales Entries
- Sales Tax Payment and Return Processing
- Bank Reconciliations
- Minor adjustments to the Balance sheet and P&L accounts
- QBO Subscription (min $50 Value)
- QBO and Accounting Support via email and Loom
- State Sales Tax Support
starting at
$315
per month
The Steady Support
This program is great for the business that has an in-house accounting team and just needs to the security of an occasional review as well as ongoing training and support.
Includes:
- Quarterly Financial Review Session
- Sales Tax Payment and Return Processing
- Minor adjustments to the Balance sheet and P&L accounts
- QBO Subscription (min $50 Value)
- QBO and Accounting Support via email and Loom
- State Sales Tax Support
starting at
$125
per month
Add Ons Available
Full Service Payroll
All of payroll off your plate
HRA
Protect your employees
IRA/401K
Save for the Future
Full Service Payroll
Includes:
- Cloud-Based Payroll Software with 24/7 access for business owners and Employees ($50 value)
- Management Approval prior to processing
- Manage payroll and imports into accounting software
- Prepare Quarterly/Monthly Federal and State Tax returns
- Manage Payroll Tax Payments
- Prepare annual Form 1099‐1096
- Prepare annual form W2
- NO LATE FEE Guarantee
HRA
Protect Your Employees
Tax savings for you and your employees.
Set up a Healthcare Reimbursement Account and Reimburse your employees for their medical expenses instead of Insurance.
IRA/401K
Save for the future
