Here’s what we’ll do during this
phase
Craft a Clear Financial Picture: We'll give you an accurate snapshot, revealing the true health of your business and showing you the growth potential ahead.
Demystify Your Financials: We'll simplify your financial reports, ensuring you grasp the essential metrics that determine your business's health and growth so that you can make decisions with confidence.
Empower You with Financial Wisdom: We'll share with you the vital financial principles and mindset shifts that will set you up to confidently steer your business's financial future.
Here’s what you get:
Accounting clean up according to GAAP principles
Daily Accounting
QuickBooks management services (including set up, backlog cleanup and ongoing management)
Bank reconciliations
Bill management and accounts payable services
Efficient invoicing and accounts receivable services
Financial reporting
Profit and loss statements
Meaningful numbers made easy for your business; a general ledger system with data clean up, automated solutions for your business
Monthly & year-end balance sheets
Month-end closing process
Accounting SOPs
Basic Cash Flow
Monthly financial statement and cash flow review call
Quarterly business check in calls
In this step you will be working with our Chief Accounting Officer Heather
You will also have quarterly calls with Heather or Admira to make sure your business is on the right track
YOUR DEDICATED EXPERT
Why is this step important? What's next?
The ability to read core financial statements P&L, Balance Sheet and Cash Flow
Understanding and interpreting the numbers for each of these statements and their impact on the business. For example: a common misconception is that owner’s draw appears in P&L, when in fact it is featured in Balance Sheet
The ability to plan for the future using your basic Cash Flow projections. For example: you already have 3 months of cash in the bank and you start planning now for the 4th one without relying on debt
By the end of this stage you will have gained:
At this point, your business is ready to go into full optimization.
Now you're ready for STEP 2
