1 Month of focus on one aspect
Revenue flows
- How do your customers know what to buy and how much it is?
- What prompts them to pay?
- What happens if they don’t pay on time?
- How do they pay?
- Where does the money go?
- How do you match the bill to the payment?
- Do you categorize your revenue?
- What information will help you make better decisions in your business?
- Do you know your profit with each sale?
Expense flows
- How do you decide what to buy?
- Do you have a budget so you know how much you can spend?
- Do you have a buying process?
- How do you pay?
- Do you do project costing?
- Do you capture all the HST input tax credits?
- Does your input data map properly to the correct expense account?
- Does your Chart of Accounts match your information needs and any reports?
- How do you manage team reimbursements?
Payroll flows
- Who does the scheduling?
- How are changes in the schedule managed?
- Who inputs hours?
- Who cross checks hours?
- How do reported hours get to the payroll processor?
- Are remittances always paid in time?
- Can an ROE be prepared easily?
- Are T-4s a one-button job?
- Do you allocate time to invoices or projects?
- How are vacations managed?
- Who tracks benefits?
information analysis
- Do you know the information you need to make great decisions?
- What reports will give you that information?
- Do you need other data resources?
- What do you look for on your financial statements?
- What do you need to track daily? Weekly? Monthly? Quarterly? Annually?
Here’s the process:
- Define the outcomes you want for your life and business
- So you know what you need your accounting to do for you
- We’ll map your current work flows
- Create your personalized work plan
- You’ll do it with support from me and the group
- At the end of the month we’ll check in and adjust as required
Here’s what you can expect:
- Weekly group
- Treasure chest of tools
- Online community
- 1:1 sessions as required
- Small group
What else you can expect:
- This isn’t a big overhaul, rather a series of tweaks
- We’ll have it mapped out before you start, so you know what to expect
- You’ll learn best practices
- You’ll learn how to avoid common pitfalls
- You’ll get recorded mini-sessions on delegation, project management, change management and relevant technology
What will you do with your new-found 4 hours a week? That’s 200 hours a year – 5 weeks a year!