We will show you how to add a “Profit First” practice to your firm, where you will help your clients who happen to be business owners learn and implement Profit First in their business(es.) By helping them (using the process we have created and tested for you)
- understand their goals, i.e. what they want from the business,
- analyze where they are now, in terms of their true profitability, including their own compensation, tax liabilities, etc., and,
- make a plan to get from here to there, that you will document for them, and break down into a step-by-step, month by month set of benchmarks and milestones.
You do not have to be a financial wizard … or even good with numbers to be effective in delivering this service! We will show you how to associate a Profit First team who will support you in the analysis and recommendations for your clients. We will also show you how to administer this program with little or no direct effort from you. Your role will be to interface with the client and advise the client based on what you learn.
Many firms achieve more than $300,000 in new revenues (and $251,000 in gross profits) from this practice area, just by rolling it out to their current (and sometimes former) clients. We help you focus there to get started, and to prove the concept for your later client acquisitions.