Ben Bramer

@ankurnagpal @ochowealth We at Pinto Financial @usepinto would love to have a partnership discussion. Pinto is your Small Business CFO that provides financial tools and support to help make your business profitable. We pair tech with professional services to provide an unmatched experience.

Any solo or small business owners have a bookkeeper or bookkeeping service they love? The *majority* of @ochowealth customers aren't happy with who they are using Lots have bad, expensive mistakes too Would love to ideally partner with someone - or if not that, just refer out

@SeanODowd15 Check out Pinto Financial! usepinto.com We focus on those just starting up to about $5m/year. Pricing is flexible to fit all needs and we are huge proponents of teaching financial literacy and making sure you understand your numbers via our custom dashboard!

Most bookkeeping agencies I've seen are extremely cost-prohibitive for a solopreneur The agency instead wants to focus on larger businesses OR, it's an accounting firm that reluctantly does bookkeeping OR it's a huge company like Bench that doesn't provide a personal service

Request for business: Has someone built a bookkeeping business that specializes in solopreneurs and small agencies?

@ConnorAbene Couldn’t agree more. Hard to build a stable company on a DIY foundation. Getting the financial numbers right from the beginning is so important!

No Bookkeeping Most small businesses don't have a BK or try to do it themselves I don't know which is worse, but I know this: Neither option works Hire one FT or on contract. It'll cost you $200-$2k/mo Accept that you cannot do anything if you don't know your "real" numbers.

After managing $300m in cash flows for over 45 clients, I’ve realized most small businesses make the SAME mistakes. Here’re the top 5 business “killers” you need to avoid at all costs: (A Small Business Finance 101 Thread)

@ConnorAbene These are great metrics. I put my focus on cash reserves, burn rate and operating cash flow. 100% agree it’s far more important than net income

The most predictable way to kill your business is poor cash flow management. If you want to avoid that fate, start tracking these 7 cash KPIs today (learned from helping 45+ SMB clients):

Bookkeeper vs FCFO differences: Bookkeeper: • Records transactions • Prepares financial statements FCFO: • Analyzes the data • Sets KPIs • Drives strategic decisions

Horrific books and fraudulent financials

Dwight knows

When your accountant sees the sales person’s expense report

@dvassallo Would love to chat. We help small businesses primarily with bookkeeping and financial forecasting. Our differentiator is our monthly report where we use video to breakdown your financials, check out a sample here: usepinto.com/demo

Anyone wants to be my bookkeeper and accountant for 2023? I'm paying ~$10K/yr at the moment for everything, including tax filing. Single member LLC, filing as s-corp in WA state. I'm very organized, and my business looks like this: #gid=2031483271" target="_blank" rel="nofollow noopener">docs.google.com/spreadsheets/d…

Keep track of your widget sales and reach your break-even point to know you're on the right track. Break-even point = Total fixed costs / (Sales Price Per Unit - Variable costs per unit) #businessowner #finances #cashflow #financialhealth #founders #startups #entrepreneurs

▶ (Break-even point) 500 widgets = (total fixed costs) $1,000 / (sales price per unit) $2 This means once you've sold 500 widgets, you'll have covered all your costs and will start making a profit!

A burning question that small business owners have is "When will we actually make money and start to see a profit?" One way to determine this is by finding your company's break-even point.

(5/5) Don't let poor financial tracking hold your small business back. Take control of your finances with a chart of accounts today! #finances #chartofaccounts #startups

(4/5) I use a standard chart of accounts as a base for my clients. If you're interested in receiving a copy, feel free to message me, and I'll send it over.

(3/5) It's essential to have a clear and concise chart of accounts to easily understand your financial statements. Without one, it becomes challenging to manage your finances effectively.

(1/5) Having a clear and organized system for tracking financial transactions is crucial. One way to achieve this is through a chart of accounts.

When the receipts are piling up and your bookkeeper is asking for explanations... #bookkeeping #expensereports #finances #startups #businessowners

Small business owners, how do you make financial decisions? Are you confident in the accuracy and usefulness of your financial data, or do you find it challenging to interpret the numbers? #financialhealth #smallbusiness #financetips