Revenue is up, profit isn’t
Sales grew last year, but less of it reached the bottom line. The assessment shows which cost lines absorbed the difference.
Profit Leak Assessment
See where last year’s profit went.
A one-time look back at a year you have already finished. Every cost line is compared with your industry’s average and its best-in-class operators, every gap gets a dollar value, and you get a clear order for what to fix first.
$999 one time
Delivered within 10 business days of receiving complete statements.
What the assessment shows
Each cost line as a share of revenue, against best-in-class operators in the same industry.
| Cost line | You | Best-in-class | Gap a year |
|---|---|---|---|
| Labor | 34% | 29% | $60,000 |
| Materials | 31% | 28% | $36,000 |
| Overhead | 18% | 15% | $36,000 |
| Total on $1,200,000 of revenue | $132,000 | ||
Illustrative example. Composite figures, not a client result.
Who it’s for
You have never been benchmarked
You know your numbers, but not how they compare. You see your business line by line against the average and the best operators in your industry.
You want proof before a monthly plan
Before you commit to monthly bookkeeping or advisory, you see the size of the opportunity in dollars.
What you receive
An assessment workbook and a written summary, then a call to walk through them.
- Every cost line benchmarked
- Compared with the industry average and best-in-class for your confirmed industry, as a share of revenue.
- A dollar value on each gap
- What each difference from best-in-class is worth over the year, so you can see which ones matter most.
- Key financial ratios
- Liquidity, profitability, efficiency and leverage, read against your industry.
- The biggest leaks, diagnosed
- A written summary of where profit is leaking, each item with a dollar estimate.
- What to fix first, second and third
- A prioritized list, so the first change you make is the one worth the most.
- A 30-minute review call
- We walk through the findings with you and answer your questions.
What we need from you
Bank, card and payment processor statements for one prior fiscal year, or up to four consecutive quarters. Never more than 12 months. An export from your accounting software works too.
No accounting software is needed. The assessment is built from records you already have.
Size and price
Priced for businesses with about 150 or fewer transactions a month and 3 or fewer accounts; larger businesses are quoted first.
The fee is paid in advance, under a short engagement letter for the assessment.
How it works
Book and confirm your industry
We confirm your industry classification first, so you are compared with the right businesses.
Engagement letter and fee
You sign a short engagement letter and pay the $999 fee.
Send your statements
Bank, card and payment processor statements for the period, or an accounting export.
Workbook and summary
Delivered within 10 business days of complete statements.
Review call
30 minutes to walk through the findings and what to fix first.
The free Snapshot or the assessment?
The free Benchmark Snapshot uses figures you type in and gives a directional read in a few minutes. The Profit Leak Assessment verifies every number against your statements and gives you the prioritized fix list.
After the assessment
The assessment looks back at a year you have already finished. To keep the same analysis running every month, the Advanced plan keeps your books and repeats the benchmark monthly, and Advisory Partner adds a CPA planning each quarter with you.
Questions owners ask
What’s the difference between the assessment and a plan?
The assessment looks back at a year you’ve already finished and shows where the money went. A plan keeps your books every month going forward. You can start with the assessment to see the size of the opportunity.
Do I need QuickBooks or other software?
No. The assessment is built from your bank, card and payment processor statements. If you have accounting software, an export from it works too.
Which period does it cover?
One prior fiscal year, or up to four consecutive quarters. Never more than 12 months.
My business is larger than that. Can I still get one?
Yes. Above about 150 transactions a month or 3 accounts, we quote the assessment before we start.
Is this an audit?
No. It is management-use analysis. It is not an audit, review or compilation under AICPA standards, and not tax or legal advice.
Which industries do you benchmark?
We compare your business only with the confirmed industry set that fits it. See how our financial analysis works for the industries we cover.
Find out what last year cost you.
Book the assessment, send your statements, and see the gaps in dollars within 10 business days.
Management-use analysis. Not an audit, review, or compilation under SSARS/AICPA standards, and not tax or legal advice. The example above is illustrative.