Fast-Track Financial Clarity
for Your Small Business
Achieve Clarity in 2 Steps
Step 1
8 Week Turbo Clarity
Sprint alongside an experienced accountant to get a foundation for clarity laid in only 8 weeks.
Leverage our proven process to go from a mess to a simple clarity in a very short time.
Step 2
Monthly Turbo Support
Done with 8-Week Turbo Clarity and looking for ongoing support?
Give your accounting a sustained “turbo” boost with help from our team of highly practical small business accountants.
Turbo Clarity is presented by
Be Your Own CFO
✅ Lunchbreak CFO – podcast
✅ Growing network of small business owners
✅ Instant access to question channels
✅ Access our growing library of accounting and tax tips.
Step 1
8 Week Turbo Clarity
How it Works
After acceptance, an experienced BYO CFO accountant lays your clarity foundation via the following steps:
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Creates a customized, streamlined chart of accounts and implements in QuickBooks.
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Anchors your balance sheet to your most recent tax return.
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Develops a month end closing process customized for your company.
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Uses that process to close the most recent month.
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Shows your team how to use the process on future months.
Once complete, the structure is there for your team to achieve Level 3 monthly clarity. If you want or need continued support, continue to step 2, Turbo Monthly Support.
Timeline
Week 1
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15-Minute Zoom Kickoff Meeting with BYO CFO accountant
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Accountant access granted to QuickBooks.
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Shared folder (e.g. Dropbox) set up to contain month-end folder structure.
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Most recent corporate tax returns provided by you.
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World-Class Chart of Accounts Questionnaire to be filled out by you and sent back to BYO CFO.
Week 2
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First draft of new chart of accounts created and sent to your team for review.
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Entries made to anchor your balance sheet to most recent corporate tax return.
Week 3
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Chart of accounts review notes received from your team.
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Changes implemented, and second draft of chart of accounts sent to your team for review.
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Month-end folder structure and work papers set up in Dropbox (or other shared folder).
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Work begins on closing out most recent month-end.
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Mid-project 30-minute Zoom meeting to review progress and next steps.
Week 4
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Chart of accounts finalized and implemented in your accounting system.
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Initial month-end review questions sent to your team.
Week 5
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Continue work on month-end.
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Back-and-forth communication with your team.
Week 6
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Continue work on month-end.
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Back-and-forth communication with your team
Week 7
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Most recent month-end closed and final.
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QuickBooks locked through closed month.
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Completed balance sheet and income statement sent to your team.
Week 8
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One-hour Zoom meeting with your team to review/discuss:
1. Completed month-end financial reports
2. Ongoing month-end closing process.
3. Suitability of moving to Monthly Turbo Support.
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8-Week Turbo Clarity complete!
Pricing:
Pricing is based on company revenue and BYO CFO membership status. BYO CFO members receive a 10% discount. See pricing chart below.
Regular Cost $2,500
BYO CFO Platinum member Cost $2,250
Regular Cost $4,250
BYO CFO Platinum member cost $3,825
Regular Cost $6,500
BYO CFO Platinum member Cost $5,850
Step 2
Monthly Turbo Support
How it Works
Upon acceptance, you are assigned a dedicated BYO CFO accounting advisor. The advisor serves as a guide and coach to keep your clarity efforts on track.
Here is included with the Monthly Turbo Support package:
Initial 1-hour Zoom kickoff meeting with your team to determine:
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Who on your team will be responsible for each part of the month-end closing process.
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Target date for month-end work to be completed (by your team) each month.
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Target date for BYO CFO advisor to complete the monthly review and email any review notes or recommended changes.
Ongoing monthly support to help your team execute the above targets.
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Your personal advisor will:
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Send reminder emails/texts as target dates approach.
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Do a high-level review of your team’s month-end work by the date agreed upon in Step 1.
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After the review, send an email with any suggested changes or corrections.
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Send a monthly wrap-up email with final financial statements and analysis.
Quarterly 45-minute Zoom meeting (pre-scheduled) to discuss:
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Quarterly and year-to-date financial results.
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Progress on clarity initiatives.
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Any other applicable recommendations on pricing, bookkeeping efficiency, financial software, etc.
Access to a Direct Messaging (DM) channel monitored by BYO CFO accounting experts:
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Privately ping the BYO CFO team with any accounting-related question.
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Receive a reply within 1 business day, but generally much faster.
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If necessary, the reply may be a live screen share or phone call.
Pricing:
Pricing for Monthly Turbo Support is based on company revenue. See pricing chart below.