Profit First Consulting
Even with the help of QuickBooks, businesses can sometimes fail at organizing and updating their financial information. Our specialty is cleaning or tuning-up your QuickBooks to meet the specific needs of your business.
Combining Profit First and Monthly Bookkeeping
Profit First presents a paradigm shift in financial management for small businesses, emphasizing the importance of prioritizing profit alongside traditional expense tracking.
It helps businesses by making sure they save money before spending it on other stuff.
This means setting aside some cash for the business owner and profit first, then paying bills with what's left. It's like having a piggy bank for different things. And by keeping track of money every month, businesses can make smart choices to grow and stay strong financially.
Profit First Consulting
Spend a day with a Bookkeeper and Get everything organized
Our Profit First Consulting is perfect for someone who is looking for a quick turnaround project in QuickBooks online, financial guidance to grow your business, or coaching for your in-house bookkeeper.
During the Profit First Consultation I get to know you and your business, and we cover the following:
- We check if your QuickBooks system is working for you so that you can run reports and see how your business is performing on a monthly basis.
- Cash flow strategies so that you are aligned with your tax strategy that you have made with your CPA.
- We make sure that you are putting your expenses in the right categories so that you are able to write them off.
- Depending on your specific stage of business, we tailor this day to fit your exact needs; therefore, deliverables might be different for each client.
Profit First Assessment
Are you just starting your business, but you want to develop good money habits? Do you want to set up QuickBooks Online the *right* way to avoid costly mistakes down the road?
This is exactly what we do for you - we set up QuickBooks the correct way and walk you through best practices for your business. This services also includes a one hour coaching call where you can ask any questions you might have.
“My stress was incredibly alleviated and my focus could rely solely on my tasks related to the school and not the finance part, which I was beyond grateful to pass on. Kayla gracefully balances frequent gentle communications about time sensitive tasks that I need to complete while effortlessly keeping my accounts in perfect order at the same time.”
Jess Divine
Google Review
Why Profit First is important for businesses?
Profit First offers a revolutionary approach to managing finances for small businesses, departing from traditional accounting methods. It operates on the principle of behavioral cash management, aligning with the way entrepreneurs naturally interact with their money.
By focusing on allocating funds into different accounts based on percentages of income, Profit First ensures that profit and owner compensation are prioritized over expenses. This system not only promotes financial stability but also encourages disciplined spending habits, ultimately leading to increased profitability and sustainability for small businesses. By implementing Profit First, entrepreneurs gain clarity, control, and the potential for significant financial growth, all while celebrating their successes along the way.
Industries we serve
We offer Bookkeeping via QuickBooks Online to service-based entrepreneurs and small businesses.
Hear it from our clients
“It feels wonderful being able to interact with Kayla as if I’m calling an old gal pal instead of my accountant and we haven’t even met face to face!?! I regularly recommend her exceptional skills and services as they far exceeded my highest expectations.”
“Kayla has been so wonderful to work with. She's professional, patient, and quick to respond. Every time we have a stuck point, she walk us through it with ease!”
“Kayla is the best! We pay her for monthly services and she's always available to chat about any questions or quirks that come along. Totally trust her with our books and tax prep.”
“ As a professional in the fitness industry, Kayla has been a huge asset to my business as she understands the industry I am in. I cannot recommend KC Virtual Bookkeeping enough. Thank you, Kayla!”
