Every industry has one or two things about its numbers that a general accountant sets up wrong the first time. Find yours below.
Enrollment-driven revenue, subsidy payments, and payroll set by ratios.
Booth renters and employees are taxed differently. Misclassify and it costs you.
Eight months of income has to cover twelve months of bills.
A deposit is not profit until the job is done - most books say otherwise.
Your entity structure decides how you pay yourself - many are set up wrong.
Parts margin and labor margin are different businesses. Track them apart.
Production is not collection - the gap between them is where practices leak.
Food and labor as a share of sales, tracked monthly, and delivery apps that deposit net.
These eight are where we go deepest – but we work with service businesses of every kind.