helping you achieve your definition of success
DESCRIPTION
Helping You Achieve Your Definition Of Success. Is Our Pride And Joy. Randalism #001 “There Is No Magic”. Randalism #002 “P.A.M. Vs. M.A.P.”. Marketing. Randalism #003 “Fire Your Customers And Fall In Love With Your Clients”. The Most Important Law of Business: The 80% vs. 20% Rule. - PowerPoint PPT PresentationTRANSCRIPT
Helping You Achieve Your Definition Of Success
Is Our Pride And Joy
Randalism #001“There Is No Magic”
Spectacular Success Is Always Preceded By Preparation
Success - A few simple disciplines practiced everyday
Failure - A few simple errors repeated everyday
www.FastEasyAccounting.com
Randalism #002“P.A.M. Vs. M.A.P.”
#1 Production #2 Accounting #3 Marketing
Main Reason Businesses Succeed!
Main Reason Businesses Fail!
#1 Marketing #2 Accounting #3 Production
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Marketing
Acquire Clients
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Randalism #003“Fire Your Customers AndFall In Love With Your Clients”
Customers Buy Products & Services On Price
Clients Want A Professional To Care For Them
Sort For Clients; Don’t Sell To Customers
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The Most Important Law of Business: The
80% vs. 20% Rule
Personnel
Sales
Receiving
The top 20% of your clients Generate 80% of your profit
Clients Profit
Personnel
Sales
Receiving
However 80% of client contact is with those who make the last 20% of our profit.
Clients Profit
8 Out Of Every 10 Hours You Work Adds Very Little Cash And Profit To Your Business
Minor Changes In Reporting Can Add Cash And Profit With Less Time And Effort
QuickBooks Properly Setup And Maintained Can Give You The Reports You Need
Randalism #004 “You Don’t Have Competition”
You Are Unique There Is Only One You
Your Strategy Is Different From Every Other Business
Your Operation Is Different From Every Other Business
Do What You Do Better Than Anyone Else And Market It
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Randalism #005 “Three Types Of Contractors”
Dog And Pickup Truck – “Look At Me I Own A Job!”
Salt Of The Earth – “I Have Three Employees - Two By The Throat And I Am staring At Number Three!”
Professional – “My Firm Generates $100K+ Annually Because It Has Processes, Procedures And Policies”
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Randalism #006 “Give Clients What They WantNot What You Think They Need”
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Randalism #006-A“Give Clients What They WantNot What You Think They Need”
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Randalism #006-B“Give Clients What They WantNot What You Think They Need”
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Randalism #006-C “Give Clients What They WantNot What You Think They Need”
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Randalism #006-D “Give Clients What They WantNot What You Think They Need”
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Randalism #006-E“Give Clients What They WantNot What You Think They Need”
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Randalism #006-F “Give Clients What They WantNot What You Think They Need”
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Randalism #006-G “Give Clients What They WantNot What You Think They Need”
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Randalism #006-H “Give Clients What They WantNot What You Think They Need”
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Randalism #006-I “Give Clients What They WantNot What You Think They Need”
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Randalism #006-J “Give Clients What They WantNot What You Think They Need”
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Randalism #006-K “Give Clients What They WantNot What You Think They Need”
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Accounting
Know Your Numbers
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Randalism #007“Construction Accounting Is Like...”
Rocket Science Only Much Harder
Doing Chinese Math In The Dark
Herding Balloons On A Windy Day
Herding Unruly Cats Across Wet Grass
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Randalism #008“Construction Accounting Is Drama!”
Contractors Work Is Tangible Yet Bookkeeping Is Intangible
When Bookkeeping Reports Are Wrong The Bookkeeper Is incompetent!
Contractor Goes To “Fight or Flight” Mode And The Blame Game Starts
Contractor “I Need Accurate Reports! What Is Wrong With You?”
Bookkeeper “I Need All The Paperwork! What Is Wrong With you?”
Everyone Distrusts Each Other And The Accounting System
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Randalism #009“Cash Is Fact Profit Is An Opinion”
Five Key Performance Indicators You Need To See Everyday
#1 Cash
#2 Receivables
#3 Payables
#4 Profit or Loss
#5 Balance Sheet
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CHAOS Costs Money!
Good Bookkeeping Can Eliminate CHAOS
Randalism #010“How Ten Minutes A Day Kills Profits”
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Profit Drain #1 In-House Bookkeeper
Under $5,000,000 annual sales…
You cannot afford a qualified bookkeeper
or construction accountant
If You hire a Cheap Bookkeeper $15.00 an hour for 10 hours a week…
The true cost to have them on the payroll, including overhead, is closer to $25.29 per hour
Randalism #010-A“How Ten Minutes A Day Kills Profits”
Profit Drain #1 In-House Bookkeeper
Randalism #010-B“How Ten Minutes A Day Kills Profits”
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Profit Drain #2 Cheap Tools And Equipment
Randalism #010-C“How Ten Minutes A Day Kills Profits”
Profit Drain #2 Cheap Tools And Equipment
Every 10 minutes a day of chaos cost your company $1,544.42 every year
Randalism #010-D“How Ten Minutes A Day Kills Profits”
Profit Drain #2 Cheap Tools And Equipment
Nine Steps To Effective Accounting
Each One Increasingly More Difficult
Step #1 Sort Paper Into Piles For Data Entry
Money In / Money Out / Statements / Tax Forms
Step #2Simple Data Entry
Data Entry Is Simple And Rated “G”
Step #3Bank & Vendor Reconciliation
Bookkeeping Is Frustrating And Rated “R”
Step #4Payroll Processing With Messy Timecards
Payroll Becomes Un-Bearable And Rated “T” For Tourette Syndrome
Payroll ManagerDeadline 5:00PM
Employee Turned In Timecard 04:59 PM
Step #5Design And Input Complex Journal Entries
Depreciation / Pay App / HUD-1 / Inventory
Step #6Prepare Tax Reports
Totals Don’t Match L&I, SUI, 941 Filed Late Or Wrong / Add Penalties & Interest
Step #7 AWith Key Performance Indicators
Knowing Where Is Money Made & Lost
Primary Key Performance Indicator
More Sam Hill - Less Henry Mancini80% /20% Rule
Step #7 BWithout Key Performance Indicators
At The Auction Every Business OwnerUnderstands Key Performance Indicators
Step #8 The 5 At 5 For 5
#1Cash
#2Receivables
#3Payables
#4Profit & Loss
#5Balance Sheet
5 Reports…Review For 5 Minutes…At 5 PM
Cash
Cash Is A Fact!
Receivables
Who Owes You Money?
Payables
Who You Owe Money Too?
Profit & Loss
Profit Is an Opinion!
Balance Sheet
3 O’s…You Own – You Owe = Left Over
Step #9Good Bookkeeping = Informed Decisions
I Do All The Work And All The Bookkeeping!
My Spouse Has Lot’s Of Time And Loves Doing It!
Relative Because It’s Easy And They Work Cheap!
Employee + Phones + Errands + Deliveries + Janitor!
Cheap Bookkeeper Working Out Of Their Home!
Who Does Your Bookkeeping
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We Would Like To Be Your
Bookkeeping Service
Business Consultant
Meet Your New 24 Hour Bookkeeper
This Bookkeeper never argues, arrives late, leaves early, takes long lunch and coffee breaks, demands overtime, fringe benefits or has any of bad habits that drive business owners crazy!
Ready To Work - When you need it; twenty four hours a day including weekends and holidays!
Your New Bookkeeper
Meet Your New 24 Hour Bookkeeper
When You Are Ready - To send us your paperwork, receipts, documents simply open it up!
Your New Bookkeeper
Meet Your New 24 Hour Bookkeeper
Your Documents - Arrive in our paperless server where our professional bookkeepers input your paperwork into your QuickBooks which is stored on our remote server.
File Your Documents - In a box and when it gets full label it with the date and put it away.
Your New Bookkeeper
Access QuickBooks Desktop Online
Imagine Being Able To Push A Button And Have:#1 Cash Report anytime YOU want it!#2 Receivables report anytime YOU want it!#3 Payables report anytime YOU want it!#4 Profit & Loss statement anytime YOU want it!#5 Balance Sheet report anytime YOU want it!Job Costing report anytime YOU want it!Estimates Vs. Actuals report anytime YOU want it!
QuickBooks Desktop Version Online
Why Us?
Our Team Has Combined:
Formal Education = 20+ Years
QuickBooks Experience = 45+ Years
Construction Experience = 70+ Years
Make Money Doing What You Do BestAnd Outsource The Rest!
Five More Reasons To Hire Us To Do Your Bookkeeping
1. Peace And Harmony At Home
2. Spend Time Doing Things Only You Can Do
3. Loans & Lines Of Credit Are Easier To Get
4. Stable Companies Attract Good Customers
5. Maximize Deductions On Annual Tax Return
Production
Get It Done!
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Scheduling System
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Presentation Download Link
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