Home Service Business Owner
Ready to get a better handle of your numbers?
Let’s Work Together
If You’re Ready To…
Get more time back for your business
Make sure you’re working smart and not just hard. Don’t spend hours reviewing financials if it’s going to take away from things that will help your business grow, like bringing in more revenue or spending those weekends with the family!
Always know your business numbers
Can you take one look at your numbers and know exactly where you stand so you immediately know if you can buy that new equipment, hire new employees, or truly take time off? Work with me and you’ll always know where you sit with your business financials!
Have peace of mind your books are handled
Just having a CPA isn’t enough to provide the powerful insight your numbers contain. As a home service business owner, you have a business that breaks the mold from what a “traditional” accountant can give you. You need someone who understands your specific needs within the industry… (that’s me!)
Let us help…
Virtual CFO for the Trades
Package Details
Here’s What’s Included
Virtual CFO
Master
- Identify trends using historical data
- Keep the process of reading and translating reports EASY!
- Oversight from experienced industry CFO
- Build confidence in your numbers – know more than just your daily bank balance
- Unbiased, nonjudgmental financial analysis
- Tips and tricks to solve quick problems
- Compare company numbers to industry standards
- Identify areas that could use attention or improvement
Virtual CFO
Journeyman
- Everything In Master Plus…
- Set up your custom KPI’S
- Build out your Chart of Accounts
- Design custom compensation/bonus plans
- Coach to solve any problems identified in reports – the symptom is the bad number, but let’s dig down and find and fix the root problem
- Gain more knowledge which translates to more control
- We’ll either automate or delegate the boring accounting tasks
- The books will be cleaner when they are handed over to the CPA at tax time = lower bill from the CPA
Virtual CFO
Apprentice
- Everything In Journeyman Plus…
- One-on-one training for your accounting team – because how could you train someone how to do something you don’t know how to do yourself??
- Teach the accounting associate(s) how to track expenses and receipts, how to manage accounts receivable, how to do month end, how to prepare reports
- Mentor your accounting team can lean on to ask questions and help solve problems as they arise.
- Weekly Re-cap report so the owner knows how the training is progressing
- Keep your overhead down by hiring someone with less experience and train them YOUR way.
Virtual CFO
Bookkeeping
- Everything In Master Plus…
- We’ll take the data entry to accounting entries off your plate.
- We’ll export from Service Titan to QBO, handle mapping, GL account management and exporting errors.
- We’ll record expense in accrual basis, attach documents to transactions, provide GPM by department, reconcile all your accounts. You maintain total control of cashflow and we handle the rest. Your books will be clean, organized and ready to hand over to your tax accountant at the end of the year.
- You’ll get a dedicated Data Entry Specialist, Account Manager and Virtual CFO – basically an entire accounting team keeping your numbers organized and you informed.
Master Package
Introducing Jake the Plumber…
Jake has been in the trades since he was a teen and he has a business offering residential and light commercial services. He’s a master in his specific trade, his business is consistently meeting sales goals, he’s pretty involved in the operations but he’s still not really sure what to do with his financial reports and therefore doesn’t really use them in day to day business decisions.
Jake is perfectly suited for the Master package because the financial activity is being recorded and reconciled each month by his accounting associate but he’s ready to learn now to really use those month end reports like a pro.
If Jake’s situation sounds a bit like yours then let’s talk!
Journeyman Package
Let me tell you about my friend Joe…
Joe owns an HVAC company and like most HVAC companies, he’s gang busters in the summer and winter months but struggles to make ends meet during the shoulder seasons. Joe has an Office Manager that helps his keep track of sales and pays the bills but that’s about all she does because she’s busy dealing with incoming calls, technician communication and scheduling.
Joe’s put an ad out for an accounting associate and she started last week – he knew it was time to take some pressure off his Office Manager and he also knows that there are more things that need to be done with ‘the numbers’. Because there are no real accounting systems in place in Joe’s business but the accounting associate he hired has experience in Quickbooks he (and his new employee) are perfect candidates for the Journeyman level of Virtual CFO.
Do you relate to where Joe is in his financial Journey? If this also describes you, let’s connect!
Apprentice Package
And then there is my friend Mike…
Mike has a thriving mechanical company and offers HVAC, plumbing and electrical services. Somehow Mike and his team managed to get just enough financials done to appease the tax guy but that was about it. But Mike had a team member with a ton of potential who expressed interested in one day running the accounting department. Problem was, he had no experience or education in accounting – and neither did Mike, but regardless Mike trusted this employee and knew he had great potential.
The Apprentice level of Virtual CFO is a great training ground for the team member Mike wants to move into the accounting department. After all, how can Mike train his employee to do accounting things if he doesn’t know how to do them himself?
If you’re like Mike and you want to hire or promote an employee with little to no accounting experience but tons of potential, then let’s talk about how the Apprentice program can get them up and going in no time – with little effort from you! (And just like the other levels, you’ll get the support from the owner/CFO relationship!)
Bookkeeping Package
And then there is my friend John…
John owns a garage door repair and replacement company. He’s been in business for a couple years but still feels like he doesn’t have a good grip on his numbers. He’s using a third party bookkeeper but he rarely gets his numbers before the end of the following month and most of the time there are so many things wrong with how expenses were classified that he couldn’t use the reports for anything even if they came earlier.
The Bookkeeping services of Virtual CFO is the perfect solution to what John is struggling with. The Virtual CFO is staffed with a team of folks who not only know Quickbooks, but also fully understand the home services industry and how important it is for business owners to have timely and accurate financial reports, One of the cool things we do is manage your books while you are small and then, when you’re ready to bring someone in-house to take over, we’ll get them trained up for you – easy-peasy handoff to your new internal accounting position!
If you’re like John and you’re tired of feeling like you are lost in a sea of financial data that’s largely inaccurate or so far behind it does you no good, then let the team at The Virtual CFO for the Trades provide the peace of mind, and confidence, you need to make more money faster!
Satisfaction Guaranteed!
My number one priority is to provide you with he best service possible and make your financial skills journey as enjoyable as possible. Should we choose to work together, you are not locked in for any specific amount of time. When you’re ready to move on, you are free to do so – no biggie!