This is our most exciting option, combining both Profit First Implementation and Management, along with managing your ongoing bookkeeping tasks, as listed below.
- Profit First profitability assessments
- Profit First implementation and upkeep
- Profit First twice monthly transfers
- Profit First quarterly distributions and re-assessments
- Accounts receivables/creating invoices
- Managing past due collections
- Bill pay and cash flow management
- Running payroll
- Paying payroll taxes and filing payroll forms
- Budgeting and forecasting
- Managing subcontractors pay
- Sales tax forms and payments
- Third party software recommendations
- Policy procedural manual
- Sales commissions, bonus and royalties management
- Third party software ongoing support
- Managing basic inventory practices
- Filing I-9, W-9, 1099, 1096
- Filing I-9, W-3, W-2
- Online banking management
This option supports the business owner who already has strong on-site bookkeeping management, or is using software outside of the Intuit suite of products.
- Total of 15 meetings, each lasting 90 minutes
-Meetings are every 2 weeks for months 1-3
-Meetings are once/month for months 4 -12
- Profit First initial assessment/blueprint for your business
- Build target allocation percentages custom to you
- Make extravagant promise to yourself
- Monthly performance reports (assuming you are using a compatible accounting system and are up to date with your bookkeeping)
- Annual review, celebration, and re-calibration
This option supports the business owner who already has strong on-site bookkeeping management or is using software outside of the Intuit suite of products. They could have attempted implementation of the Profit First system but possibly have some hesitations and questions regarding best practices.
- Total of 6 meetings, each lasting 90 minutes
-First quarter coaching involves meeting once/month
-Subsequent quarters involve one meeting per quarter
- Profit First initial assessment/blueprint for your business
- Build target allocation percentages custom to you
- Make extravagant promise to yourself
- Profit First quarterly distributions and re-assessments
- Quarterly performance reports (assuming you are using a compatible accounting system and are up to date with your bookkeeping)
- Annual review, celebration, and re-calibration
This option supports the business owner who has read the Profit First Book by Mike Michalowicz and they need some help getting that first Profit Assessment off the ground so they can run the program themselves. This is useful for them to get started, give them a blueprint for the business, and set up those important Target Allocation Percentages.
This option supports the business owner who would like to work with a Profit First Professional for a non-contracted amount of time.
