Profit First Coaching

Lydia is a Profit First coach located in Springfield, MO

Lydia Paasch

Profit First Coach

Ever since she read her first Dave Ramsey book, Lydia has wanted to help people manage their money. And while her views on Dave Ramsey’s philosophies have changed a bit, her desire to use her knowledge to help others has not diminished.

When she started her business in 2016, she was introduced to Profit First, and started implementing it from day one, using that strategy she ended her first year with over $20,000 in profit. Naturally that profit was used to pay herself a salary through out the year, but after hearing constantly that most new business owners don’t make a profit or pay themselves for at least 5 years, she was thoroughly convinced with the success of the program.

For the next 2 years she worked hard to build her practice and to gain the credentials needed to become a certified Profit First Professional. And after watching many of her clients struggle with their financials and feel like while she had the tools to help them she didn’t have their permission to talk offer that sort of advice.  She revamped her services to include a coaching piece that allows her to teach and train her clients how to read and understand their financial reports and set them up with the tools they need to be successful.

Now, every client has at least one educational touchpoint with her each month.  She reviews the financials and then provides a virtual meeting with the client, over Zoom, to go over any questions either she or the client might have about the books.

Additionally, clients who sign up for the coaching package receive several intensive One-on-One sessions utilizing the Profit First Program to review their financials and set goals and work through the progress of the Profit First Program.

Profit First

Certification

MLP Accounting utilizes the Profit First method of cash management. Our team is trained and certified by the Profit First Professionals organization to guide business owners and entrepreneurs in maximizing their profits.

Any bookkeeper can do your taxes and reconcile your books. But how many bookkeepers will also drive profitability in your business? That’s what we do. We are a Profit First certified firm.

Maximizing Profits

Our firm is one of the select few, nationwide, that have received a certification in Profit First. What does this mean for you? We will guide you with the methods to greatly increase the profitability of your business.  Of course, we will manage your accounting, do your tax returns and help you with your books – but any bookkeeper can do that.  We also provide the most important financial factor – maximizing your profits.

Give us a call (or drop us an email) for a profitability assessment and profit strategy guide. This service is completely free and by the end of our discussion you will be well equipped to boost your profits (fast).

We’ll assess where you stand now, and give you actions that you can immediately use to grow your profits.  The service is completely free! Why? Because we are confident you will be so impressed by what we can do for you, you will want to work with us going forward.

Is your bookkeeper stuck in the old way of just doing the books and filling out your tax forms?  Then we would love to show you what modern bookkeepers do… they help you drive profitability. Schedule your free consultation below- no strings attached.

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Lydia helped me keep my small business expenses and personal expenses separate in a way I never thought was possible!

She’s always there when I need her and answers all my questions, no matter how silly I feel they might be!


— Mandi

Lydia starts each client out with
her proven onboarding process...

The Path to Profitability

Looking for a great banking experience? NorthOne is the only bank that’s a Profit First Partner.

Coaching and Bookkeeping Plans

The key to understanding your company's Financials

The Profit Power Up

This Program has been designed to help you focus on the systems to help them maximize their profits and utilize their financials to grow their business.

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

$625

per month

The Bookkeeping Basics

This Program is great if you have a good understanding of your business financials and just need help with classification, reconciliation, and reporting.

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

$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

$125

per month