Profitability Score
What is a Profitability Score?
Everyone, even your business has a Credit Score. And your Credit Score measures the likelihood that you are going to pay your creditors back what they are owed.
A profitability score measures how well you are tracking and know your law firms’ important profit numbers. Without tracking these important numbers your likelihood of having a growing and more profitable law firm decrease significantly. And don’t worry, I promise, no math in this assessment. After all, I have heard from several attorneys that is why they went to law school; they were promised there would be no math class. Shouldn’t you find out your score?
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Accelerate Your Profit's
Sign up on our waitlist for your electronic version of Accelerate Your Profit’s. This book is an absolute must have for any small business owner! Here are a few things I cover in the book:
- 5 Important Positions for every small business Financial Department
- 9 Key Drivers of Your Business Profit and Cash Flow
- Profit First-Good or Bad for Your Business
- Profit Accelerator System™ -How to use it in Your Business
- And Much More!!!
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Financial Clarity Dashboard
How do you know if you are winning the game of business if you don't know the score?
My Financial Clarity Dashboard helps you keep track of your firm’s important profit and cash flow numbers. And gives you a scoreboard so you know where you stand each month. Now you will know if you are winning or losing the game. Here Is My Financial Clarity Dashboard! Click The Button Below To Get It For Free!
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Commonly Asked Questions by Attorneys
What are the top 2-3 benefits you’ve seen from having a good budget? The ability to benchmark and better track where cash is spent in
Yearly Budget
My client said to me, “It seems like not all of the cash that I have earned is making it into my account.” I looked
Undeposited Funds Account
One of my most dreaded functions and account of QuickBooks. The undeposited funds account. It is so easy to not utilize this account properly. I
Write-Offs Cash Basis
I was very discouraged to have to deliver the news when I had a client tell me, “We are going to go through our Accounts
Days of Cash
I could not believe it. Not more than one day of cash. My heart sank to my stomach. I double checked. Still in disbelief. Yes,
Understanding the Balance Sheet
Do you understand the parts of your balance sheet? I believe it is essential to understanding your business and understanding your numbers. For instance, did
