About Us

Our mission is to set small business owners on the Path to Profitability

Our Mission

Our mission is to set small business owners on the Path to Profitability. Eliminate the stress of financial worries for small business owners and assist them in creating the work/life balance they have been dreaming of.

Our Values

Our values are honesty and integrity, hard work and efficiency, and fairness and balance.

Honesty and Integrity

Means telling the truth even if it hurts, we can’t help you if we don’t know all the details of the situation. We also don’t play in the gray areas of the law, we err on the side of caution and will usually follow a stricter interpretation of the law to insure our clients are less likely to have to defend our decisions in court.

This also means we do not bend our ethics for anyone, if you want to bend the law or play in those gray areas we are not the firm for you.

Scrabble blocks that spell "Speak Truth"
Two women working on their computers

Hard Work and Efficiency

We work hard but if we can work smarter not harder we will. We are a 21st century firm and as such implement technology to our fullest advantage. We do attempt to ascertain the best and most efficient product to use and not just use technology for technologies sake.

Additionally we seek to become more affective at our tasks and streamline our processes to reduce the time you wait to receive the information you need to run your business.

Fairness and Balance

We treat our staff fairly and equitably and expect you to do the same. Part of our mission is to ensure work/life balance for our clients and we seek to achieve that in our own practice as well. Studies have shown that working long hours actually makes us less productive in the long run. So we make sure that we staff our office with the right amount of people so that all of our work gets done without pushing our staff to their breaking point.

We do our best to insure that our systems and efficiency protect our clients so their service is never effected by any emergencies that may arise. However, just like all of you, we are human we have families and we can’t foresee every contingency. And we will never force our staff to make the choice between family or clients. Family comes first every time.

A family making dinner together

Our History

MLP Accounting & Consulting, LLC was founded by Lydia Paasch in 2016 as MLP Consulting & Design, LLC, to fulfill the dream of creating a family business that would incorporate both Matt and Lydia’s talents of Accounting and Graphic Design for small business owners.

Lydia, initially started out on her own providing support and bookkeeping to small business owners in the Springfield, MO region and across the nation utilizing QuickBooks . 

The company grew rapidly and by the end of 2019 Lydia had an additional four staff members assisting her manage the clients’ books.

When 2020 and the pandemic hit they were very grateful to be already running a remote office as that put them ahead of the curve. Though they did lose a few clients early on in the year, Lydia saw this as an opportunity to focus on streamlining their services to expand in an area that she felt the accounting community was underserving, namely financial education.

It was at this time that she created the Path to Profitability, and built the services packages to include a strong educational component so that her clients would no longer feel overwhelmed and confused by their financials but be empowered and confident and they could make wise, educated decisions based on the reality of what was happening in their business.

As they grew and became more targeted in their services it became obvious that the combined name was confusing to potential clients. So at the end of 2020 Lydia renamed the business to MLP Accounting & Consulting, LLC and Matt created MLP Graphic Design, LLC to better clarify their identities.

We look forward to what the future will hold under this new identity.

Lydia is Owner of MLP Accounting in Springfield, MO

Lydia Paasch, CPB

Owner/Accountant/Coach

My name is Lydia Paasch. I live in Springfield MO, with my husband, 3 teenage children and our dog. When I’m not working, I love to curl up in my favorite chair, with a cup of chia tea, either reading a well written historical novel or watching my favorite period piece film or TV show (Outlander, anyone?).

Credentials include:

  • Bachelor’s Degree in Accounting from MSU
  • Advanced QuickBooks Certified ProAdvisor
  • Licensed CPB (Certified Public Bookkeeper)
  • Certified Profit First Professional
  • Over 14 years of experience in the accounting field
  • Member of the Missouri Society of Accountants
  • Member of the National Association of Certified Public Bookkeepers

 

Her slogan is “I LOVE accounting, so you don’t have to.”

Our Team

We are a small team of talented professionals with a wide range of skills and experience. We love what we do, and we do it with passion. We look forward to working with you.

Melissa is a Virtual Assistant for MLP Accounting

Melissa Gauthier

Virtual Assistant

Kaitlyn is a Payroll Specialist for MLP Accounting

Kaitlyn Morton

Payroll Specialist

Kirsten is a Remote Bookkeeper for MLP Accounting

Kirsten Baird

Remote Bookkeeper

Mike is an Advisor and Leaf Profit First Strategist for MLP Accounting

Mike Michalowicz

Adviser & Lead Profit First Strategist

Profit First Strategist

Mike is the entrepreneur behind three multimillion dollar companies and is the author of Profit First, The Pumpkin Plan and what BusinessWeek deemed the entrepreneurs cult classic, The Toilet Paper Entrepreneur. He is a former small business columnist for The Wall Street Journal, speaks internationally on entrepreneurial topics, and is the creator of the Profit First method. Mike is an active adviser on Profit First to our firm.