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Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary: Today marks a major milestone for the Grow My Accounting Practice (GMAP) Podcast—our 500th episode!
Entrepreneurs are often obsessed with revenue and use it to determine success. But when all the bills are paid what's left in the bank is profit, but that money always seems to go back into the business, leaving the entrepreneur with nothing to spend on themselves. Kelly Cowan from the Credit Canada Gold Financial program talks to Ron Saharyan, Co-founder of Profit First Professionals about slaying the debt dragon. Find out more at profitfirstprofessionals.com and connect on X, Facebook and LinkedIn.
How much is menopause costing the Canadian economy? Trish Barbato, co-founder and director of the Menopause Foundation of Canada, tells us about their $3.5 Billion estimate and how employers can better support women experiencing menopause. And, Salary Scale. Influencer Piyush Monga tells us why he interviews people about their salaries and what he's learned from the experience. Plus, a conversation with Ron Saharyan, co-founder of Profit First Professionals, about slaying the “debt dragon” with the Profit First approach. To find out more about the guests check out: Trish Barbato: menopausefoundationcanada.ca | X | Instagram | LinkedIn Piyush Mon: TikTok | Instagram | Facebook Ron Saharyan: profitfirstprofessionals.com | X | Facebook | LinkedIn Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn
Are you ready to break free from financial stress and create a business that works for you, not the other way around? In this episode, Ron Saharyan, co-founder and managing partner of Profit First Professionals, explains how the revolutionary Profit First cash management system empowers entrepreneurs to prioritize profit, streamline cash flow, and achieve sustainable growth.Learn actionable insights on:✅ How to eradicate entrepreneurial poverty✅ The importance of profit sharing for employee retention✅ Aligning company culture with financial success✅ Tips for nonprofits and startups to adopt the Profit First methodologyWhether you're a startup, a nonprofit, or a well-established business, this episode offers valuable insights into building a financially healthy and sustainable business.Take the Next Step Today!
Get the roadmap to turn your business into the money-making machine you've always dreamed of as told by Ron Saharyan.
Ron Saharyan returns to close out season two with a powerful message to law firm owners to take their profit first.
Ron Saharyan is the co-founder of Profit First. Ron has over 15 years experience in managing organizational growth, is a thought leader in business cash flow management and is a popular speaker on the topic of profit. Having built multiple companies in the staffing industry, Ron leads the Profit First membership of world class accountants, bookkeepers and business coaches who guide entrepreneurs to profitability. https://profitfirstprofessionals.com/ https://www.linkedin.com/in/ron-saharyan-3846a8/ https://www.facebook.com/ProfitFirstProfessionals nutritionwithconfidence.com
Mike Michalowicz (Profit First) is a best selling author, speaker, and business guru who helped me make my business more profitable. Ron Saharyan keeps finding out he has siblings he's never met. It's a fun convo.
Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals
On this episode of Growing Your Firm, host David Cristello welcomes back Ron Saharyan, co-founder of Profit First Professionals. They explore the concept of value pricing and its importance in pricing services based on the value provided. The conversation delves into various topics, with a promise of exciting announcements between Jetpack and Profit First at the end of the episode. Tune in for insightful discussions and a special reveal at the conclusion! The listener will learn about Profit First Professionals, implementing the Profit First system in their business, client advisory services (CAS), subscription services in accounting firms, strategies for expanding client base, importance of advising customers, and the partnership between Profit First Professional and Jetpack Workflow. Ron Saharyan is a renowned figure in the world of small business consulting and financial management. As the co-founder and managing director of Profit First Professionals, Ron has dedicated his career to helping businesses of all sizes achieve financial success through innovative methodologies. With a decade of experience in the industry, Ron has become a trusted advisor to countless firms and entrepreneurs seeking to improve their financial health.
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary In today's episode of the Grow My Accounting Practice podcast, we have a special treat for our listeners. The hosts themselves, Mike Michalowicz, author of the renowned book Profit First and Co-Founder of Profit First Professionals, and Ron Saharyan, Managing Director and Co-Founder of Profit First Professionals, alongside our wonderful PFP Guide, Liz Szporn, will be leading the discussion. Join us as we celebrate Profit First's 10th anniversary this year and reflect on its remarkable journey over the past decade. During this episode, the hosts will provide exclusive insights into the inner workings of Profit First Professionals, offering listeners a unique glimpse into the world of Profit First. From insightful anecdotes to valuable lessons learned, this episode promises to be an engaging exploration of Profit First's evolution. Furthermore, the hosts will take us on a nostalgic journey back to the beginnings of Profit First Professionals. From humble origins to remarkable achievements, this episode offers a captivating narrative of growth and transformation. Join us as we commemorate a decade of Profit First and its profound impact on businesses worldwide. Website:https://profitfirstprofessionals.com/ Facebook:https://www.facebook.com/ProfitFirstProfessionals/ LinkedIn:https://www.linkedin.com/company/profit-first-professionals/ Instagram:@proud_to_be_profitable Twitter:@profitfirstpros TikTok:https://www.tiktok.com/@profitfirstpros Corporate Partner: Your Cyber Team - https://www.techiegurus.com/
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary In this episode of the Grow My Accounting Practice Podcast, we have a special guest, Sue Fulmer, who currently serves as Ron Saharyan's assistant at the Profit First Professionals Homebase team. Sue delves into her professional background, sharing insights into her significant role during her 17-year tenure at Mars, Inc. As she reflects on her journey, Sue draws comparisons between the corporate culture at Mars and the distinctive environment at Profit First Professionals. Throughout the podcast, Sue provides valuable perspectives on her experiences, highlighting the contrasts between her initial career and her current role within the Profit First framework. Listeners gain unique insights into Sue's relationship with Ron Saharyan, exploring the dynamics of their professional collaboration and the special qualities that make working at Profit First truly stand out for her. Tune in to discover the secrets behind Sue Fulmer's journey and the distinctive aspects that define her experience at Profit First. Website: www.profitfirstprofessionals.com Email Addresses: sue@profitfirstprofessionals.com Corporate Partner: Clockwork AI - www.clockwork.ai
Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I'm a CPA, a Fractional CFO, and a Certified Profit First Professional Mastery Level providing tax strategies to 7 and 8-figure entrepreneurs. Let's dive into strategies to maximize profits in your business! Ron Saharyan, the co-founder and managing director of Profit First Professionals LLC, is more than well-versed in Profit First methodology and implementing financial strategies that work. In this episode, Ron discusses how to create a profitable, mission-based business. You can learn more about Ron's work with Profit First at https://profitfirstuniversity.com/about-us/ You can also connect with him on LinkedIn https://www.linkedin.com/in/ron-saharyan-3846a8/ Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community. If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business! DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.
Ron Saharyan, co-founder of Profit First Professionals shares actionable tips for law firm owners who want to build a healthy, sustainable, and profitable business by following the Profit First methodology.
Tune in to the latest episode of the Mike & Blaine Podcast as we delve into the fascinating world of AI adoption by small businesses with special guest Ron Saharyan of Profit First!. In this insightful discussion, we unpack the intriguing insights from a recent Fox Business article that highlights how small businesses are embracing AI solutions and reaping the benefits. Join us as we try to figure out if AI is legit or a road in the wrong direction.Featured Beer: @saintarnold @goodrobotbrewMike: St. Arnold - Banger IPABlaine: Good Robot - Tropical Storm Category 6 IPAThanks to Beer Sponsor CPA, Larry Weinstein!Watch on YouTube: https://youtu.be/yA4A3edmq1oListen to all our episodes at: https://www.mikeandblaine.comcashflowmike.comdryrun.com#smallbusiness, #cashflow #finance #beer #friends #entrepreneur #smbs #craftbeerSupport the showCatch more episodes, see our sponsors and get in touch at https://mikeandblaine.com/
Business owners who openly discuss their desire to be profitable are usually misjudged. Some people think aiming for profit means being greedy or putting money and goods before people when it is the opposite: only profitable auto repair shops can put people first. Profit allows you to pay your debts, be philanthropic, and elevate your and your internal customers' lifestyle. This week, I'm thrilled to welcome Ron Sharyan, aka Obi-Ron Kenobi, back to the show. Ron is the Co-founder and Managing Director of Profit First Professionals, an international network of accountants, bookkeepers, and financial experts on a mission to help companies increase their earnings through the Profit First method. We had a wholesome conversation about profit. Ron explains why he sees profit as a retention tool, an instrument that allows one to give back, and a legacy-building mechanism. He debunks the myths around profit, shares his thoughts on seeking profit to fulfill a business purpose, goes through the difference between seeking profit and living above one's means, and so much more. In This Episode, You Will Learn:What it means to be proud to be profitable (3:00)Who are those who don't "want" to be profitable (8:40)Profit is a retention tool (10:30)The most expensive popcorn in the world and Ron's bragging rights (18:10)How everyone spends their money is no one's business (24:10)Profit first = people first (31:00)Connect with Ron:Profit First University websiteLinkedInTwitterLet's connect:WebsiteLinkedInFacebookEmail: info@maximumoctane.com Hosted on Acast. See acast.com/privacy for more information.
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary Welcome to the latest episode of the Grow My Accounting Practice podcast, where we sit down with Kelley Brubaker, a seasoned CPA and owner of Profit Scale Thrive. Kelley shares her journey of being self-employed for almost 20 years and the challenges she faced in providing services she didn't enjoy due to her aversion to sales and rejection. During the episode, Kelley talks about her conversations with Ron Saharyan regarding the "Value Starts with Hello" framework. Implementing this approach gave her newfound confidence while engaging with potential clients, as she had unique and compelling questions that set her apart from other advisors and coaches. Kelley's mindset shift regarding sales calls came after a conversation with fellow PFP Tara Newman, who introduced the concept of "curiosity calls" as an alternative to traditional sales calls. This change in terminology empowered Kelley to approach initial client conversations with a fresh perspective. The podcast delves into how Kelley combined the "Value Starts with Hello" framework with "Curiosity Calls," leading to a powerful and effective approach in client interactions. Kelley also shares her organizational strategy, utilizing the app "Fellow," to create agendas, take private notes, and make to-do lists during meetings. She developed a template agenda that encompasses the entire "Value Starts with Hello" framework, highlighting her favorite questions while leaving room for backup questions. This enables her to conduct thorough research before the call and document critical details directly on the agenda, keeping her notes readily accessible during discussions. Join us in this insightful episode as Kelley Brubaker shares her invaluable experiences, strategies, and transformational approaches to client interactions as a CPA. Websites: https://www.profitscalethrive.com/ Facebook: https://www.facebook.com/profit.scale.thrive LinkedIn: https://www.linkedin.com/in/kelleybrubakercpa/ YouTube: https://www.youtube.com/@profit.scale.thrive Corporate Partner: People Process – https://peopleprocesses.com/
Welcome to another episode of "Building the Premier Accounting Firm" with your host, Roger Knecht. In this insightful episode, Roger sits down with Elizabeth Szporn, a seasoned guide at Profit First Professionals. As an expert in transforming accounting, bookkeeping, and coaching firms, Elizabeth brings a wealth of knowledge and experience to the conversation. The episode kicks off with Elizabeth sharing her inspiring journey into the accounting industry. From humble beginnings to becoming a trusted advisor, she reveals the pivotal moments that shaped her career and passion for helping entrepreneurs succeed. One of the key concepts they delve into is the profit-first philosophy. Elizabeth explains how this transformative approach can revolutionize the way entrepreneurs manage their finances. By prioritizing profit and applying strategic allocation methods, she unveils how businesses can thrive in any economic climate. Ever heard of Parkinson's law? Elizabeth and Roger shed light on this powerful principle and explore its practical application in the world of accounting. Discover how Accountapreneurs can leverage Parkinson's law and the profit-first philosophy to optimize their business operations, increase productivity, and achieve sustainable growth. But what holds entrepreneurs back from embracing the profit-first philosophy? Elizabeth addresses this common challenge head-on, highlighting the fears and misconceptions that often hinder adoption. Through real-life examples and success stories, she demonstrates the profound impact that embracing a profit-first mindset can have on businesses of all sizes. They also talk about the struggles accountants face when transitioning into the advisory space. Elizabeth shares valuable insights on how to overcome these obstacles and find the perfect balance between pricing and client fulfillment. Discover the Goldilocks method, a practical approach to tailoring your services to meet client needs while ensuring profitability and value. Tune in to this captivating episode of "Building the Premier Accounting Firm" to gain a deeper understanding of the profit-first philosophy, Parkinson's law, and how they can transform your business. Elizabeth Szporn's expertise and anecdotes will inspire and empower you to take proactive steps towards building a thriving accounting firm that stands out in the industry. Don't miss out on this engaging discussion that touches upon various topics, including entrepreneurship, financial management, client relationships, and more. Join Roger Knecht and Elizabeth Szporn as they share their valuable insights on the path to success in the accounting world. Your Host: Roger Knecht, president of Universal Accounting Center Guest Name: Liz Szporn Liz Szporn is a Guide at Profit First Professionals where she supports the transformation of accounting, bookkeeping and coaching firms. She particularly loves working on content and strategy to increase client engagement starting at the beginning of the sales cycle. Liz has 20+ years of experience as an executive and entrepreneur with a track record of financial success and strong leadership skills. In addition to being a Guide, Liz is a co-host on the Grow My Accounting Practice podcast, with Mike Michalowicz and Ron Saharyan. She also co-founded Leaderally, a professional development organization dedicated to educators, where she produces content and curriculum for online and in-person courses and workshops. Liz lives in New Jersey with her husband, three children, and two dogs. Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth. Offers: Connect with Roger and Liz on Linkedin Get a FREE copy of these books all accounting professionals should use to work on their business and become profitable. These are a must-have addition to every accountant's library to provide quality CFO & Advisory services as a Profit & Growth Expert today: “Red to BLACK in 30 days – A small business accountant's guide to QUICK turnarounds” – the how-to-guide e-book for accounting professionals “in the BLACK, nine principles to make your business profitable” – e-book “Profit First” - Eliminate Entrepreneural Poverty, transform your business & your clients from a cash-eating monster to a money making machine using this proven system For Additional FREE Resources for accounting professionals check out this collection HERE! Be sure to join us for GrowCon, the LIVE event for accounting professionals to work ON their business. This is a conference you don't want to miss. Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe. Also, let us know what you think of the podcast and please share any suggestions you may have. We look forward to your input: Podcast Feedback For more information on how you can apply these principles to start and build your accounting, bookkeeping & tax business please visit us at www.universalaccountingschool.com or call us at 8012653777
Let's talk Profit First with program co-founder, Ron Saharyan! Ron's THE Profit First guy, and he's letting me ask all the questions. The Profit First Professionals global organization supports the teachings from the book, Profit First and ensures members have all the tools they need to help their clients live profitable lives. Get Your Copy of My New Book - https://www.ciarastockeland.com/book Book a Consult Call - https://calendly.com/ciarastockeland/consult Get Going with the Quickstart to Inventory Genius - https://www.ciarastockeland.com/quickstart-inventory-genius (save $100 when you use code, "PODCAST")Sign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236 Please send any business inquiries to hello@ciarastockeland.com.
Let's talk Profit First with program co-founder, Ron Saharyan! Ron's THE Profit First guy, and he's letting me ask all the questions. The Profit First Professionals global organization supports the teachings from the book, Profit First and ensures members have all the tools they need to help their clients live profitable lives. Get Your Copy of My New Book - https://www.ciarastockeland.com/book Book a Consult Call - https://calendly.com/ciarastockeland/consult Get Going with the Quickstart to Inventory Genius - https://www.ciarastockeland.com/quickstart-inventory-genius (save $100 when you use code, "PODCAST")Sign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236 Please send any business inquiries to hello@ciarastockeland.com.
Welcome to our latest conversation, where we have the pleasure of speaking with Ron Saharyan, the Co-founder of Profit First Professionals. Today, we'll discuss the remarkable power of partnership and explore the crucial skills needed to make any collaboration successful. We'll be delving into the art of partnership, examining essential abilities, and hearing firsthand experiences from our expert guests.
Co- founder of Profit First Professionals. Since starting Profit First Professionals in 2014 from the basement of Mike's house Ron has implemented, certified and taught Profit First to hundreds of Accounting Bookkeeping and Coaching Firms throughout the globe! Ron is an expert in sales processes/systems, hiring, scaling, and operations. Ron is also known as “Obie Ron” throughout out Profit First Professionals for his business acumen. Ron is an avid sports memorabilia collector and car enthusiast. He is married with a daughter living in New Jersey, USA. Company URL: https://profitfirstprofessionals.com/ Twitter URL: https://twitter.com/profitfirstpros?lang=en Facebook URL: https://twitter.com/profitfirstpros?lang=en LinkedIn URL: https://www.linkedin.com/in/ron-saharyan-3846a8 Special Guest: Ron Saharyan.
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
Show Summary "You are in charge of your business", Ron Saharyan. Pricing is important, but Value Starts With HELLO! You realize that accounting and bookkeeping can unlock the potential of any company. Set yourself apart from the competition by asking better questions right from the start. Your future clients want you to understand their vision and goals and understand how you'll get them there. All of this can happen in your very first conversation. Listen more tips from Grow My Accounting Practice podcasts hosts, Mike Michalowicz, Ron Saharyan, and Liz Szporn, and download our FREE guide to learn how and never compete on price again. Value Starts With Hello: https://profitfirstprofessionals.com/value-starts-with-hello/ Website: https://profitfirstprofessionals.com Corporate Partner: People Process – https://peopleprocesses.com/
SponsorsZoho - https://cloudaccountingpodcast.promo/zohoLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Zoho (00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance (01:11) - Introduction and quick overview of Blake's week and FAA meltdown (11:22) - What logic did the firm give David for letting him go? (21:15) - Thank you to our sponsor, Zoho (22:40) - Not enough firms are offering remote work (25:38) - Accountants don't need help getting clients (27:56) - Blake shares a story about his friend switching firms (29:44) - Blake shares a chart from CPA Trendlines (33:35) - What is the starting salary for a CPA at a medium to large firm? (37:16) - Thank you to our sponsor, LiveFlow (38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm (40:06) - What is Profit First? And what do you do? (46:20) - Parkinson's Law (49:53) - Thank you to our sponsor, Anchor (52:39) - Jennifer's voicemail about her networking event for students (56:19) - Going over some comments in our live chat (01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam (01:06:26) - Bernard's feedback on the Ron Baker episode (01:10:25) - David makes a new 2023 prediciton (01:11:08) - Rusty's message about North Carolina's CPA license requirements (01:13:54) - Wrap up and where to reach Blake and David (01:15:14) - Classifieds (01:15:16) - Client Hub (01:15:53) - RightTool (01:16:15) - Federal Tax Updates Podcast (01:17:27) - How to advertise in these classifieds LinksMore remote workers than workhttps://www.linkedin.com/news/story/more-remote-workers-than-work-5073937/http://btaxgo.com/ufadlli SEC Charges Genesis and Gemini Following Crypto Collapse Contagion https://www.pymnts.com/cryptocurrency/2023/sec-charges-genesis-and-gemini-following-crypto-collapse-contagion/IRS Provides Tax Relief for California Storm Victims https://blog.turbotax.intuit.com/tax-news/irs-provides-tax-relief-for-california-storm-victims-53808/AICPA Unveils Plans for Redesigned CPA Exam in 2024 ...https://insidepublicaccounting.com/2023/01/aicpa-unveils-plans-for-redesigned-cpa-exam-in-2024/2023: The Year of Crypto Compliance https://www.corporatecomplianceinsights.com/2023-crypto-predictions/Quickbooks missed a golden opportunity to market itself with the FTX sagahttps://medium.com/coinmonks/quickbooks-missed-a-golden-opportunity-to-market-itself-with-the-ftx-saga-d381c373af05?source=rss----721b17443fd5---4The Financial Future: The Impact of AI on Finance and Accountinghttps://medium.com/@businessbreakthrough/the-financial-future-the-impact-of-ai-on-finance-and-accounting-d8d350edcb1dMost companies pay $11 or more per expense reporthttps://www.accountingtoday.com/news/most-companies-pay-11-or-more-per-processed-expense-reportTerry Smith fires darts at Meta, Apple, Unilever and accounting ...https://www.proactiveinvestors.com/companies/news/1002893/terry-smith-fires-darts-at-meta-apple-unilever-and-accounting-practices-after-fundsmith-underperforms-1002893.htmlIntuit Plans To Launch Crypto-Related Software'shttps://thecryptobasic.com/2023/01/10/intuit-plans-to-launch-crypto-related-softwares/IRS audit rates declined further in 2022https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022Addressing the accounting hiring crisis https://www.accountingtoday.com/opinion/addressing-the-accounting-hiring-crisisIRS Cultivating Ties With Crypto Companies to Combat Fraud https://www.pymnts.com/cryptocurrency/2023/irs-cultivating-ties-with-crypto-companies-to-combat-fraud/Sam Bankman-Fried Tweets From Parent's Basement, Denies Moving Funds From Alameda Researchhttps://beincrypto.com/sam-bankman-fried-tweets-parents-basement-denies-moving-funds-alameda-research/Chewy CFO Seeks Labor Cost Savings via Automated Fulfillmenthttps://www.pymnts.com/news/retail/2023/chewy-cfo-seeks-labor-cost-savings-via-automated-fulfillment/AICPA Says It Was Not Hacked, Refutes Reporthttps://www.cpapracticeadvisor.com/2023/01/12/aicpa-says-report-about/75816/Attackers steal AICPA emails passwords https://cybernews.com/news/attackers-steal-aicpa-emails-passwords/Connect with Ron SaharyanWebsite: https://profitfirstprofessionals.com/ LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/Twitter: https://twitter.com/ronsaharyanGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: info@cloudaccountingpodcast.com
A great corporate culture always starts with the owner. The owner is the person that gets to decide what kind of culture they want for their business. And if you want to keep retention high, you want a good culture. Join Michelle Weinstein as she talks to the Co-Founder and Managing Partner of Profit First Professionals, Ron Saharyan. Ron has over 15 years of experience in managing organizational growth and built multiple companies in the staffing industry. Learn how he establishes culture in his business so he can keep employees happy and productive. Give your employees gifts, bonuses, time, and purpose so that they know they are doing something great. Start increasing your retention rates today! Love the show? Subscribe, rate, review, and share! https://theabundantaccountant.com/
The majority of entrepreneurs who try to build and grow a business will eventually fail. And too often throughout that process, they're barely making any money themselves either. But what if there was a system that could change that? That could help entrepreneurs ensure their own well-being, and put their businesses on the path to growth and success? Our guest this week is Ron Saharyan, one of the co-founders of Profit First. Having built multiple companies in the staffing industry, Ron leads Profit First Professionals' membership of world-class accountants, bookkeepers, and business coaches who guide entrepreneurs to the highest degree of profitability. He has over 15 years of experience in managing organization growth, is a thought leader in business cash flow management, and is a popular speaker on profit. Tune into the full conversation for more on the Profit First system, how it can help entrepreneurs grow their businesses sustainably (and pay themselves what they deserve), what a “cash flow system” is, how to build one, and more. Here's a Glimpse of What You'll Learn: More about what Profit First is, and why its system is important to business owners Why there are so few successful entrepreneurs, and how to use the system that can help reverse that trend What “real revenue” is, and why it's more important than the typical idea of revenue How entrepreneurs are neglecting themselves, and how it keeps them in the cycle of just getting by—or worse, the business failing Why a “cash flow system” is king when it comes to growing your business for the long haul Why it might not actually be beneficial when your CPA comes to you and says they can help you save money on taxes—and what to do instead The lightbulb moments that often happen for entrepreneurs after going through the Profit First certification What entrepreneurs can learn from the “envelope system” of money saving “Parkinson's law,” and how it relates to building a business What makes the Profit First system different from accounting and bookkeeping The backstory behind how Profit First got started in the basement of Mike Michalowicz's house The KPIs that Profit First pays attention to, plus how Ron measures his personal success Resources Mentioned in This Episode: Profit First website Ron Saharyan on LinkedIn “Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine” by Mike Michalowicz Email carljcox@40strategy.com for a copy of “Profit First” “Extreme Ownership: How U.S. Navy SEALs Lead and Win” by Jocko Willink and Leif Babin 40 Strategy Contact 40 Strategy Carl J. Cox on LinkedIn
Since starting Profit First Professionals in 2014 from the basement of Mike's house Ron has implemented, certified and taught Profit First to hundreds of Accounting Bookkeeping and Coaching Firms throughout the globe! Whether a newer business or a 100-year-old firm, Ron has taught firm owners how to properly experience, practice, implement, monetize and share Profit First with their customers. Ron is an expert in value pricing and has created the Profit First Value Pricing Curriculum. Ron is responsible for ensuring that all employees and members of Profit First Professionals have all the right resources, training, accountability, systems and process to achieve their goals and visions. Ron's insights include: The importance of having a system for managing your money Why once you have your Profit First plan, you can focus on growing your business The problem with nobody sticking to a budget and his solution to the issue Why you need to test the elasticity of the cash flow before expanding your amount of employees Why he wishes he “slowed his roll” when starting Profit First Enjoy the show! Connect with Ron: Website: https://profitfirstprofessionals.com/ Twitter: https://twitter.com/profitfirstpros?lang=en Facebook: https://twitter.com/profitfirstpros?lang=en LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/ Phone Number: 973-775-9202 Connect with Gary: Website: https://sbadvisors.cc/ Facebook: https://www.facebook.com/SmallBusinessAdvisors LinkedIn: https://www.linkedin.com/in/gary-d-heldt-jr-388a051/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Accounting High (aka Sons of CPAs Podcast) Season 3 Episode 8 | Recorded 02-28-2022 Guest: Edward Mendlowitz, CPA Hosts: Jason Ackerman, CPA and Scott Scarano, EA Sponsor: Dark Horse CPAs - visit abetterway.cpa to learn more Hosted by Scott and Jason, Ed shares the story of his accounting life. Not familiar with who Edward Mendlowitz is? He's an accountant who has been in practice since 1974 and is now a Partner at Withum. This episode is a collection of stories about his practice and how he was able to adapt, innovate, and take on the challenges of the accounting space. Not a minute goes to waste as he shares his personal tips and tricks in running his business so be sure to give your 101% attention or you might miss the greatest tip you'll ever need. 2 A lot of wisdom with Ed, none with Jason, and a little with Scott Shoutout to CPA Journal 4 Ed, a legit Sons of CPA: I wanted to be a CPA like my father 5 It seemed to me that my father was a very powerful person because he had all these people who couldn't make decisions without getting his advice 7 Ed has been fixed price billing even before it was the hype 14 You gotta just look for the cracks 16 I have to charge you for what I did and it's pretty high 17 I love accounting, believe me. I love it, but it's not a hobby, it's a business and I gotta make money from it 19 Any client that paid me a fee was a good client… the fact whether I liked them or didn't like them was not relevant. I did a great job for them, they appreciated it, and they paid me my fees 24 You don't wanna put your fortune, your life at risk by dealing with people that are dishonest or out there breaking the law. That's stupid Shoutout to Ron Saharyan, Profit First Professionals 25 HOT STUFF!: How Ed made a big company not pay taxes for 7-8 years 30 Ed's first partnership: Siegel Mendlowitz & Rich, PC Shoutout to Seymour G. Siegel, The Wall Street Journal 32 On to the next ones: Mendlowitz Weitsen LLP and Withum Smith + Brown, PC Shoutout to Peter Weitsen, Frank Boutillette, Withum, Paul Rich 35 You wanna grow, you gotta build infrastructure, you gotta do it right 37 If I could hold onto what I got, I'm never gonna do bad. I may not do great, but I'm never gonna do bad 40 You gotta give the salary that the people are worth. Not what they were worth when you hired them, but their worth after you made your investment in them. They now own that value 45 What has changed is the things that haven't changed. What hasn't changed is the attitude towards staff 49 Ed's favorite part of accounting? Every single thing he's done, Everything! 51 Ed's advice on starting a firm? Get a client where you could get a check every month, get that annuity business Shoutout to AICPA, Sidney Kess, Bill Hagaman 55 Ed's parting tip for this episode? You gotta raise the fee every year. Your expenses go up every year. When you raise the fee, you're not increasing the fee, you're passing on your increased costs --- Send in a voice message: https://anchor.fm/sonsofcpas/message
It is sad to say this, BUT most business owners work extremely hard for FREE. When most people start a business, they practice this strange habit of not thinking about profitability. They are so focused on paying expenses first that there is often not enough money left over to enjoy as a profit.This is why we sat down with Ron Saharyan to understand what is Profit First is and what a Profit First Professional.Check out the full video interview at the businesstalklibrary.com/thefinanceandaccountingshow.#businesstalklibrary #accounting #finance #businesscontent #business
Today on the podcast, I am joined by Ron Saharyan, the co-founder of Profit First Professionals, a behavioral cash flow system that works with our natural tendencies to ensure that the business owner is paying themselves, reserving cash for taxes, and focusing on profit. Ron has helped implement this program in hundreds of accounting, bookkeeping and coaching firms across the globe. With his expertise in sales, processes, and systems, there is so much we can learn from him when it comes to our personal and business finances. In this episode, we talk about using the Profit First system to set up finances for your business and in the home, and Ron shares is expert knowledge on getting the most out of your finances. This is an episode you don't want to miss! Where you can find Ron: Website: https://profitfirstuniversity.com/ Facebook: https://www.facebook.com/ProfitFirstProfessionals/ LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/ To find out more about Evan Herrman and The Whole Person Podcast, visit https://www.thewholepersonpodcast.com. This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
Rory is joined by Ron Saharyan, Co-Founder of Profit First Professionals and Co-Host of the Grow My Accounting Practice Podcast. Learn why the Profit First Methodology has helped over 650,000 businesses globally and how he and the organization are leading the charge to eradicate entrepreneurial poverty. Find out how a small shift in your business model from Sales – Expenses = Profit to Sales – Profit = Expenses can dramatically change your business and life. Discover the power of profit and how you can pay yourself, save for taxes, and have 3-6 months of core capital. Do you want to know what Parkinson's law, Stephen Hawking, and a tube of toothpaste have to do with running a business? Find out the answer to this and more in this Profit First episode! Email rory@arrowrootfamilyoffice.com and first 10 professionals will get a Profit First Book! Connect on LinkedIn: Connect with Ron Saharyan: https://www.linkedin.com/in/ron-saharyan-3846a8 Connect with Rory Henry: https://www.linkedin.com/in/rory-henry-0920b7150/ Profit First Professionals: https://profitfirstprofessionals.com/ Learn more about Arrowroot Family Office: https://www.arrowrootfamilyoffice.com/ https://wealthmanagementforward.com/ Resources: Book: https://mikemichalowicz.com/profit-first/
Ron Saharyan is the co-founder of Profit First Professionals along with childhood friend, author Mike Michaelowicz. Since starting Profit First Professionals in 2014 from the basement of Mike's house, Ron has implemented, certified, and taught Profit First to hundreds of Accounting, Bookkeeping, and Coaching Firms around the globe! Ron is an expert in sales processes/systems, hiring, scaling, and operations. Ron is also known as “Obie Ron” throughout the Profit First Professionals for his business acumen. Ron is an avid sports memorabilia collector and car enthusiast. He is married with a daughter living in New Jersey, USA. To learn more about Profit First Professionals, check out their website: https://profitfirstprofessionals.com/ You can also connect with Ron on LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/ or on Facebook: https://www.facebook.com/ron.saharyan ******************************************** Want to learn how to attract, hire, and retain top-tier employees? Interested in learning how to scale your business to increase revenue and profit while working less? Then join my Business Success Mastermind group. A new cohort is starting. Now accepting applications: https://ib4e-coaching.com/mastermind ******************************************** Please support this podcast: https://ib4e-coaching.com/podinfo #leadership #leadershiptraining #leadershipcoaching #business #success #ronsaharyan #profitfirstprofessionals #ib4e-coaching ******************************************** If you like this podcast, consider supporting the effort. Every little bit helps. Thanks.
Ron Saharyan and Mike Michalowicz started working out of Mike's family's garage in 2014 while they were devising the "Profit First" method. Profit First is their ingenious approach to cash flow management that helps entrepreneurs grow their business while also living their best lives instead of slaving away at the company register. It is a proven success in increasing businesses' growth and more importantly business owners' financial freedom. Even better, you can use it to run your household as well. For every business owner who's heard that they have to get out of working in their business so they can work on their business, here's a key tip: you're not profitable until you get out of debt. But cash is not king, cash flow is. In this latest episode of Chiseled, Ron offers a spiritual twist on some key concepts of the Profit First method and discusses how to use the system to fulfill your mission and purpose in life.
No one is in business to lose money; however, we've been taught that profit is the bottom line, and before thinking of it, we must take care of the expenses, the debts, salaries, and so forth. Therefore, following that old-school thinking, what comes first will get more attention, dedication, and time, and what comes last won't. Our guest, Ron Saharyan believes the exact opposite; profit must always come first. Ron Saharyan, aka Obi Ron Kenobi, is the co-founder and managing director of Profit First Professionals, an international network of accountants, bookkeepers, and financial experts specializing in helping companies increase their earnings using the Profit First method. In this episode, Ron shares the backstage of how he and Mike Michalowicz decided to create the Profit First University and the Profit First method in Mike's basement after a short conversation. We discuss some details of Profit First's replicable model and the company's global expansion to over 30 countries. We also delve into the importance of taking accountability for our spending, the problem with debit cards, and how much money we should allocate to the five fundamental bank accounts. In This Episode, You Will Learn:About what is the Profit First method (3:47)The backstory of Profit First University's creation (10:05)The limiting beliefs about waiting for the right time to put a system in place to help us deal with our finances (14:52)About Ron's hard times during his childhood and how he got inspired by them (21:03)The importance of learning to manage our spending (27:28)Resources:Profit First University websiteBook: Mike Michalowicz - Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making MachineConnect with Ron:LinkedInTwitterLet's connect:LinkedInFacebookEmail: mopodcast@autotraining.net Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Season 2 Episode 15 | Recorded January 3, 2022 Dawn Brolin, a self-proclaimed number-splatter expert, has a heart of gold, but she's also the hammer. She's about providing the most effective service possible. If clients won't hold up their end of the bargain, she's not afraid to fire them. • Dawn's penned two books, The Designated Motivator and The Designated Motivator for Accountants • What's nice v. kind? • Shout out to all you New Englanders! We love you! We really do! We will not F*&% with you! • What's the difference between an accountant and a sex worker on TikTok? Go ahead, guess ..! • Future goals – succession planning. Dawn's planning on nine more years, and her tech stack is the key to her exit! • Why firms should definitely have a PIA fee • Competition v. Collaboration What's most important is the way clients treat her, and her staff. You can use your established processes to A) get the information you need, but also B) to figure out which clients have their shit together. Pricing – what works best for you and your firm? Dawn, Scott and Jason talk about the pain points, and best practices for pricing your services. Also, we'll talk about how Dawn took some negative assessments of herself and used them to fuel her talent and even appearance. What do you do when someone tells you that you won't ever be able to do something? You do it! What do you do when someone hands you personal “feedback”? First of all, be YOU. Then, take what's useful from that feedback, and make it your own! The most amazing things happen when you take off the reins and run! Dawn also shares how babysitting staff annihilates her soul and who you need to find to make everything run smoothly. You need runners – the people who are going to keep up with you, the people who want to learn, and the people who aren't afraid to help you! Measuring success, to Dawn, is about getting the work done. It means having the time to live a real-life, and not be tied to that to work 24/7. She follows a lot of the principles from Mike Michalowicz's book, “Profit First” and shares a bit of useful information on your own money methodology. App and other special shout outs: Ignition, Ron Saharyan, Profit First Professionals- It's your business. Shouldn't your profit come first? Anderson Brolin & Coba CPAs, LLC Lacerte Software Corporation,
Why is my business not making any money? How do I get my business profitable? What is the Profit First method? We talk with Ron Saharyan, the Co-Founder and Managing Partner of Profit First Professionals. Ron has over 15 years of experience in managing organizational growth and built multiple companies in the staffing industry prior to launching Profit First Professionals with Mike Michalowicz.Where you can connect with RON SAHARYAN:Website: https://profitfirstprofessionals.com/ Instagram: https://www.instagram.com/profitfirstpros/ Facebook: https://www.facebook.com/ProfitFirstProfessionalsPodcast: Grow My Accounting Practice - not just for accountants WANT A COPY OF PROFIT FIRST? First 10 people to reach out to us via email WINS A FREE COPY! Email us your name and address and the first 10 will be sent a copy thanks to Ron Saharyan.Follow the podcast at @itsjustbusinesspodcast on all the major podcasting platforms.Connect with us:To get in touch with us, email the podcast at itsjustbusinesspodcast@gmail.com. Join us on Facebook, Instagram, or LinkedIn - we appreciate your support!www.itsjustbusinesspodcast.comYou can find Dana @adashofboss, @dana.dowdell and @hrfanaticDana Dowdell – Boss Consulting – HR ConsultingGoogle - https://tinyurl.com/y4wxnavx You can find Russ @reliable.remediationRuss Harlow – Reliable Remediation – Disaster RestorationGoogle: https://g.page/r/CXogeisZHEjMEBA
Show Notes - The Grow Your Business and Grow Your Wealth podcast with Gary Heldt - EP 84 Ron Saharyan, Co-Founder– Profit First Professionals Since starting Profit First Professionals in 2014 from the basement of Mike's house Ron has implemented, certified and taught Profit First to hundreds of Accounting Bookkeeping and Coaching Firms throughout the globe! Whether a newer business or a 100-year-old firm, Ron has taught firm owners how to properly experience, practice, implement, monetize and share Profit First with their customers. Ron is an expert in value pricing and has created the Profit First Value Pricing Curriculum. Ron is responsible for ensuring that all employees and members of Profit First Professionals have all the right resources, training, accountability, systems and process to achieve their goals and visions. Ron's insights include: The importance of having a system for managing your money Why once you have your Profit First plan, you can focus on growing your business The problem with nobody sticking to a budget and his solution to the issue Why you need to test the elasticity of the cash flow before expanding your amount of employees Why he wishes he “slowed his roll” when starting Profit First Enjoy the show! Connect with Ron: Website: https://profitfirstprofessionals.com/ Twitter: https://twitter.com/profitfirstpros?lang=en Facebook: https://twitter.com/profitfirstpros?lang=en LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/ Phone Number: 973-775-9202 Connect with Gary: Website: https://sbadvisors.cc/ Facebook: https://www.facebook.com/SmallBusinessAdvisors LinkedIn: https://www.linkedin.com/in/gary-d-heldt-jr-388a051/ Learn more about your ad choices. Visit megaphone.fm/adchoices
About Ron of Profit First:Since starting Profit First Professionals in 2014 from the basement of Mike's house, Ron has implemented, certified and taught Profit First to hundreds of Accounting Bookkeeping and Coaching Firms throughout the globe! Whether a newer business or a 100-year-old firm, Ron has taught firm owners how to properly experience, practice, implement, monetize and share Profit First with their customers. Connect with Ron Saharyan: https://profitfirstprofessionals.com In this episode, Julie and Ron discuss: The importance of paying yourself first in your businessChanging the model of Sales-Expenses = Profit to Sales- Profit = ExpensesHow to alleviate pain of having an unexpected tax payment due at the end of the yearHow even beginning business owners can benefit from implementing this strategy right away Free gift!The first five listeners to email julie@juliegoetzinger.com will get a free copy of the best-selling book, “Profit First” to teach you how to pay yourself first! About Julie Goetzinger:Julie Goetzinger is the creator of Abundance Breakthrough Retreats, the Free to Fly and Money Intensive. She works with creative entrepreneurs to break free from their blocks so that they can manifest the life of their dreams. She is an Abundant Life Coach, Podcaster, Author, Motivational Speaker and Entrepreneur with seven years' experience in business. Connect with Julie Goetzinger:Free Guide to Clearing Money BlocksFree Abundance Breakthrough CallOnline CoursesWebsiteJoin Facebook groupFollow on YouTubeEmail: julie@juliegoetzinger.com
On today's bonus UNCUT episode, "A Strong Message to Accountants & Bookkeepers from Ron Saharyan". Ron started Profit First Professionals in 2014 with Mike Michalowicz and has since certified hundreds of accountants and bookkeepers worldwide in the Profit First methodology. An expert in sales processes/systems, hiring, scaling, and operations, Ron is responsible for ensuring that all employees and members of Profit First Professionals have all the right resources, training, accountability, systems and process to achieve their goals. Key takeaways from the full uncut interview include: ◆ The two reasons why accountants, bookkeepers and CPAs come to Profit First Professionals ◆ Why almost everyone in the accounting world feels tired, stressed and 'beat up' in these challenging times ◆ The main reasons why accountants are so busy and even overwhelmed (some of which are actually their fault) ◆ What strategic accounting firms do with clients they really don't want, and what they are replacing them with ◆ The so-called 'badge of honor' some accountants wear in working 70 hours a week, and pretending they are successful ◆ Whether the accounting calendar with tax seasons, busy periods etc is actually 'fit for purpose' ◆ Pushing back on the common accountant's phrase 'we have to clean up your books' and what to substitute if with ◆ The different types of advisory work that accountants and CPAs can do for their business clients ◆ The importance of an ownership mentality in accounting firms to give employees a real sense of purpose ◆ Thoughts on solving the talent shortage in the accountancy profession and how firms can retain their best people ◆ A clearer definition of the word 'profit' and the many benefits accountants can offer their clients by understanding it properly ◆ Why it's vital accountancy professionals move away from compliance and think more entrepreneurially for their clients ◆ What being agile and adaptable looks like for both accountants and the businesses they serve ◆ The warning signs of accounting firms becoming too comfortable or even complacent in their position ◆ What a business owner should look for in choosing their accounting advisors wisely ◆ The real problem with customization and personalization in accounting services, for instance with 'customized workflow' ◆ Advice for frustrated accountants working in larger professional firms who perhaps don't have the power or influence to drive change ◆ What challenges or red flags an accounting practice might exhibit that would warrant a conversation with Profit First Professionals ◆ Simple wisdom for living a life of purpose and integrity in the business world ◆ A message of hope - what good things are coming up for accountants and bookkeepers over the next year or two ◆ Why accounting fees will rise due to the increased value accountants and CPAs are creating for their clients ◆ What some accounting practices have got wrong with their clients during the Covid pandemic ◆ A top tip for accountants feeling the heavy burden of doing too much for their clients and not necessarily being appreciated. Ron is also known as “Obie Ron” throughout out Profit First Professionals for his business acumen is an avid collector of sports memorabilia. (borderline hoarder). When he is not out searching for elusive 1911 Ty Cobb Cards, Ron can be seen wrenching on his 1973 Jaguar E-Type V12 or racing around in his 911 4S. He is married with a daughter living in New Jersey USA. Profit First site https://profitfirstprofessionals.com/ (https://profitfirstprofessionals.com) Ron on LinkedIn https://www.linkedin.com/in/ron-saharyan-3846a8/ (https://www.linkedin.com/in/ron-saharyan-3846a8) NOTE TO LISTENERS: This is a full-length interview (usually 20-30 mins long) from which the highlights show earlier in the week was taken. You can listen to this on a previous episode. Martin and Rob love to hear from the show's 7000+ listeners in 144 countries around...
Episode 53. On today's show, "A Strong Message to Accountants & Bookkeepers from Ron Saharyan". Ron Saharyan started Profit First Professionals in 2014 with Mike Michalowicz and has since certified hundreds of accountants and bookkeepers worldwide in the Profit First methodology. An expert in sales processes/systems, hiring, scaling, and operations, Ron is responsible for ensuring that all employees and members of Profit First Professionals have all the right resources, training, accountability, systems and process to achieve their goals. Key takeaways from the full uncut interview include: ◆ The two reasons why accountants, bookkeepers and CPAs come to Profit First Professionals ◆ Why almost everyone in the accounting world feels tired, stressed and 'beat up' in these challenging times ◆ The main reasons why accountants are so busy and even overwhelmed (some of which are actually their fault) ◆ What strategic accounting firms do with clients they really don't want, and what they are replacing them with ◆ The so-called 'badge of honor' some accountants wear in working 70 hours a week, and pretending they are successful ◆ Whether the accounting calendar with tax seasons, busy periods etc is actually 'fit for purpose' ◆ Pushing back on the common accountant's phrase 'we have to clean up your books' and what to substitute if with ◆ The different types of advisory work that accountants and CPAs can do for their business clients ◆ The importance of an ownership mentality in accounting firms to give employees a real sense of purpose ◆ Thoughts on solving the talent shortage in the accountancy profession and how firms can retain their best people ◆ A clearer definition of the word 'profit' and the many benefits accountants can offer their clients by understanding it properly ◆ Why it's vital accountancy professionals move away from compliance and think more entrepreneurially for their clients ◆ What being agile and adaptable looks like for both accountants and the businesses they serve ◆ The warning signs of accounting firms becoming too comfortable or even complacent in their position ◆ What a business owner should look for in choosing their accounting advisors wisely ◆ The real problem with customization and personalization in accounting services, for instance with 'customized workflow' ◆ Advice for frustrated accountants working in larger professional firms who perhaps don't have the power or influence to drive change ◆ What challenges or red flags an accounting practice might exhibit that would warrant a conversation with Profit First Professionals ◆ Simple wisdom for living a life of purpose and integrity in the business world ◆ A message of hope - what good things are coming up for accountants and bookkeepers over the next year or two ◆ Why accounting fees will rise due to the increased value accountants and CPAs are creating for their clients ◆ What some accounting practices have got wrong with their clients during the Covid pandemic ◆ A top tip for accountants feeling the heavy burden of doing too much for their clients and not necessarily being appreciated. Ron is also known as “Obie Ron” throughout out Profit First Professionals for his business acumen is an avid collector of sports memorabilia. (borderline hoarder). When he is not out searching for elusive 1911 Ty Cobb Cards, Ron can be seen wrenching on his 1973 Jaguar E-Type V12 or racing around in his 911 4S. He is married with a daughter living in New Jersey USA. Profit First site https://profitfirstprofessionals.com (https://profitfirstprofessionals.com) Ron on LinkedIn https://www.linkedin.com/in/ron-saharyan-3846a8/ (https://www.linkedin.com/in/ron-saharyan-3846a8) NOTE TO LISTENERS: This is a condensed highlights version of the full interview (usually 20-30 mins long), which you can catch as a bonus UNCUT episode at the weekend. Martin and Rob love to hear from the show's 6000+ listeners in 140 countries around the world. If...
Episode 51. On this week's Accounting Influencers Podcast: ➜ News - Martin & Rob discuss "The Insolvency Tsunami & Opportunities for Accounting Professionals". With businesses supposedly going bust everywhere, we look at the real figures, at how any insolvency cases might also be complemented by new business start ups and what it means for accounting professionals. ➜ Special Guest Interview (Highlights)- "A Strong Message to Accountants & Bookkeepers from Ron Saharyan". Ron rants passionately about CPAs who say they're too busy in tax season, the lame 'let's clean up your accounts' line and what's wrong with 'customized workflow. ➜ Here's What Works - Rob & Martin offer up practical advice and tips for accounting practitioners on "Here's What Works for Accountants & CPAs on Generating Referral Business." With introductions, word of mouth and recommendations supposedly making up the main sources of new work for many accounting firms, we give you ways to generate more high quality referrals. ➜ Expert Interview (Highlights) - "Pricing Strategies for Accountants and CPAs with Geraldine Carter". Discover some of the misconceptions accounting professionals have when it comes to pricing, why they are scared to raise their prices and the many benefits of better pricing for accountancy firms. NOTE TO LISTENERS: The Accounting Influencers Podcast is a daily show with four segments coming out every Monday Martin which are repeated on the other 6 days as standalone episodes, plus full uncut interviews on the weekend. Hosts Martin and Rob love to hear from the show's 7000+ listeners in 144 countries around the world. If you like the show, leave a review wherever you listen, and please recommend the show to your friends and colleagues.
Trailer - coming up this week on the daily radio-show style Accounting Influencers Podcast with Martin Bissett & Rob Brown: ➜ Monday: hear the full show with the best bits of accounting/fintech news, two special guest/expert interviews and practical tips for accounting professionals in the 'here's what works' segment. ➜ Tuesday: News - Martin & Rob discuss "The Insolvency Tsunami & Opportunities for Accounting Professionals" ➜ Wednesday: Special Guest Interview (Highlights)- "A Strong Message to Accountants & Bookkeepers from Ron Saharyan". Ron rants passionately about CPAs who say they're too busy in tax season, the lame 'let's clean up your accounts' line and what's wrong with 'customized workflow. ➜ Thursday: Here's What Works - Rob & Martin offer up practical advice and tips for accounting practitioners on "Here's What Works for Accountants & CPAs on Generating Referral Business." ➜ Friday: Expert Interview (Highlights) - "Pricing Strategies for Accountants and CPAs with Geraldine Carter". Discover some of the misconceptions accounting professionals have when it comes to pricing, why they are scared to raise their prices and the many benefits of better pricing for accountancy firms. ➜ Saturday: UNCUT full length Special Guest Interview - "A Strong Message to Accountants & Bookkeepers from Ron Saharyan". Ron rants passionately about CPAs who say they're too busy in tax season, the lame 'let's clean up your accounts' line and what's wrong with 'customized workflow. ➜ Sunday: UNCUT full Expert Interview - "Pricing Strategies for Accountants and CPAs with Geraldine Carter". Discover some of the misconceptions accounting professionals have when it comes to pricing, why they are scared to raise their prices and the many benefits of better pricing for accountancy firms. Enjoy the highlights show every Monday, stand alone shorter segments of the main show Tuesday to Friday, then the full deep dive uncut interviews in bonus editions every Saturday and Sunday. NOTE TO LISTENERS: Martin and Rob love to hear from the show's 7000+ listeners in 144 countries around the world. If you like the show, leave a review wherever you listen, and please recommend the show to your friends and colleagues.
Want to learn how to properly manage finance as you invest in your athlete? How a professional athlete should manage their finance? When should we start preparing for the future and how to make your athletic income last? Then this is the show for you.Be one of the first 10 people to e-mail thepodolskiymethod@gmail.com and get the book Profit First by Mike Michalowicz for free.I sit down with Ron Saharyan from profit first professionals. Since starting Profit First Professionals in 2014 from the basement of Mike's house Ron has implemented, certified and taught Profit First to hundreds of Accounting Bookkeeping and Coaching Firms throughout the globe! Whether a newer business or a 100-year-old firm, Ron has taught firm owners how to properly experience, practice, implement, monetize and share Profit First with their customers. Ron is an expert in value pricing and has created the Profit First Value Pricing Curriculum. An expert in sales processes/systems, hiring, scaling, and operations. Ron is responsible for ensuring that all employees and members of Profit First Professionals have all the right resources, training, accountability, systems and process to achieve their goals and visions.Company URL:https://profitfirstprofessionals.com/Twitter URL:https://twitter.com/profitfirstpros?lang=enFacebook URL:https://twitter.com/profitfirstpros?lang=enLinkedIn URL:https://www.linkedin.com/in/ron-saharyan-3846a8/
In yet another informative episode of Light Your Life Tina Marie talks to profit first professional and co-founder Ron Saharyan about profits, why you need to focus on them and the entrepreneur's work-life balance. It took twelve minutes and thirty-two seconds, give or take a millisecond. Ron and Mike debated how to help businesses that were seeking financial fortitude. Mike had the fix: Profit First. Ron had the plan: Profit First Professionals. After their twelve-minute discussion, the decision was clear, the Profit First Professionals organization was to be created. Having built multiple companies in the staffing industry, Ron leads our membership of world-class accountants, bookkeepers and business coaches who guide entrepreneurs to the highest degrees of profitability.Ron has over 15 years of experience in managing organizational growth, is a thought leader in business cash flow management and is a popular speaker on the topic of, you guessed it, profit.WebsiteTwitter FacebookLinkedIn
This week we're following up on our Profit First-focused episodes with Mike Michalowicz and Ron Saharyan and expanding on a few of the subjects we wanted to clarify, like why taking your profit first is less about being wanting to take more out for yourself and more about keeping your company healthy long-term. We also cover how we define profit, what exactly the Profit First system says to do with that profit and our approach to paying off debt. If you have more questions about Profit First after listening to our recent episodes, don't miss this one! Visit the episode page at contractorsuccessforum.com/healthy for more details and a transcript of the show.Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.Find all episodes and related links at ContractorSuccessForum.com.FIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.comReady to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com.
This week we're following up on our Profit First-focused episodes with Mike Michalowicz and Ron Saharyan and expanding on a few of the subjects we wanted to clarify, like why taking your profit first is less about being wanting to take more out for yourself and more about keeping your company healthy long-term. We also cover how we define profit, what exactly the Profit First system says to do with that profit and our approach to paying off debt. If you have more questions about Profit First after listening to our recent episodes, don't miss this one! Visit the episode page at contractorsuccessforum.com/healthy for more details and a transcript of the show.Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.Find all episodes and related links at ContractorSuccessForum.com.FIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.comReady to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com.
Many accountants find themselves unable to secure deals with potential clients since they already give away too much during prospect calls. Hiring them doesn't matter anymore. Therefore, a proper accounting sales plan must be put in place to learn how to entice people to what you can offer after they actually pay for your services. Michelle Weinstein is joined by Ron Saharyan, Co-Founder of Profit First Professionals, to talk about how accountants should position themselves when connecting with prospective clients without giving away very specific solutions. Sharing the story of one of his clients that he calls Joe, he explains how to present services in an inviting way and properly align with the client's perception of success. Ron also discusses the art of saying no and the right time to offer extra services without charging. Love the show? Subscribe, rate, review, and share! https://theabundantaccountant.com/
In this very special episode, host Brian Thompson opens up like never before. He shares why he started his own mission-driven business, and some of his highs and lows he encountered in the process. You'll also learn the difference between strategy and tactics, and why entrepreneurship isn't necessarily more risky than being a W-2 employee. If you've wanted to know more about Brian and his own story, this episode, hosted by Latarsha Stewart, is for you. Episode Highlights Mission-driven businesses serve. For Brian, mission-driven businesses have both a purpose motive and a profit motive. Brian wants clients and listeners to know that you don't have to run a non-profit in order to run a business that does good and makes an impact. “The underlying current of all this is that mission-driven businesses serve. And you can make money and make a good living by serving,” he said. “That's been my focus and why I try to meld these two together. Because you don't have to do one or the other. You can do both.” Things happen at the right time. Brian had been working at a tax law firm when everything in his personal and professional life shifted. The partners of the law firm split up; his long-term relationship ended; and marriage equality was making huge strides. Brian ended up using the uncertainty to forge the future he wanted. “So you have this moment in time to say — What do you actually want to do? What do you want to do with your life?” he said. “Having the support of my friends and my ex-husband and all that just came together at the right time.” Find your niche. During this time of uncertainty, Brian decided to start a financial planning firm focusing on LGBTQ couples. But he soon learned that his core audience was a target market and not a niche. When looking at his client base, Brian realized his roster included a lot of business owners who were coming to him because of his background in tax law — and he enjoyed the complexity of meeting their needs. So he redefined his business focus as helping LGBT business owners who run mission-driven businesses. At the same time, Brian is passionate about closing the racial wealth gap, which is 3:1 for people of color who are entrepreneurs versus 11:1 for non-business owners. He sees his niche and business as an opportunity to fulfill that motivation as well. “You have to serve a specific amount of people, so you should make sure that those people are the people that you want to serve and the people that you want to hang out with and the people that you want to talk to,” Brian said. “It's a very significant mind shift that really freed me up and allowed me to really enjoy the process.” Let go of perfectionism. One of the hardest lessons Brian had to learn on his entrepreneurial journey was to let go of his perfectionism and live in the moment. "I had to do it out of necessity because nothing was perfect. And nothing was exactly the way that I wanted,” Brian said. “I learned how to adjust and pivot and navigate. I had to be okay and get okay with things not being perfect, and things needing to just go.” Now, Brian is used to constantly trying things out and learning from them. He resonates with the metaphor that running a business is like building an airplane while trying to fly it. “You just don't either have enough time or energy or space to try to do everything perfectly,” he said. “Which is actually a huge relief for me to realize it actually doesn't need to be perfect, and things still happen, and things still go.” Resources + Links BT Financial The Lean Startup Profit First Mission Driven Business episodes with Mike Michalowicz and Ron Saharyan of Profit First Professionals Brian's Twitter: https://twitter.com/BrianFinancial About Brian and the Mission Driven Business Podcast Brian Thompson, JD/CFP, is a tax attorney and certified financial planner who specializes in providing comprehensive financial planning to LGBTQ+ entrepreneurs who run mission-driven businesses. The Mission Driven Business podcast was born out of his passion for helping social entrepreneurs create businesses with purpose and profit. On the podcast, Brian talks with diverse entrepreneurs and the people who support them. Listeners hear stories of experiences, strength, and hope and get practical advice to help them build businesses that might just change the world, too.
On this week's episode, we're joined by special guest Ron Saharyan, CEO of Profit First and Co-Founder of Profit First Professionals. Ron talks with Stephen, Wade and Rob about how contractors can implement the Profit First method successfully, how you can take your profit first as the owner of your construction company and still improve your bonding ability, how Profit First can protect you from both seasonal fluctuations and major economic events, and why you should consider working with a Certified Profit First Professional like Wade or Rob to implement Profit First. Want a free copy of the Profit First book? Ron is giving copies away to the first 5 people to reach out to us after this episode! Just shoot an email to Rob, Wade or Stephen to claim your copy!Visit the episode page at contractorsuccessforum.com/Ron for more details and a transcript of the show.Don't forget to subscribe so you don't miss future episodes! Find all episodes and related links at ContractorSuccessForum.com.FIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com
On this week's episode, we're joined by special guest Ron Saharyan, CEO of Profit First and Co-Founder of Profit First Professionals. Ron talks with Stephen, Wade and Rob about how contractors can implement the Profit First method successfully, how you can take your profit first as the owner of your construction company and still improve your bonding ability, how Profit First can protect you from both seasonal fluctuations and major economic events, and why you should consider working with a Certified Profit First Professional like Wade or Rob to implement Profit First. Want a free copy of the Profit First book? Ron is giving copies away to the first 5 people to reach out to us after this episode! Just shoot an email to Rob, Wade or Stephen to claim your copy!Visit the episode page at contractorsuccessforum.com/Ron for more details and a transcript of the show.Don't forget to subscribe so you don't miss future episodes! Find all episodes and related links at ContractorSuccessForum.com.FIND US ONLINERob Williams, Profit Strategist | IronGateESS.comWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | McWins.com
Brian chats with Ron Saharyan, co-founder and managing partner of Profit First Professionals, an exclusive community of accounts, bookkeepers, and business coaches who help their clients build profitable businesses. Ron discusses the merits of using an envelope-based budget system for business. He also preaches the strengths of running a profitable business and breaking the entrepreneurial doctrine of sacrifice in the process. Episode Highlights Mission-driven businesses solve problems. Mission-driven businesses look to solve or eliminate societal problems and inconsistencies, Ron said in the episode. All the business decisions then fall in line with that mission moving forward. But Ron also emphasized that running a mission-driven company is not incompatible with making a profit. In fact, he argued that having a profitable company is the best way to ensure a mission stays strong through difficulties. “If you don't have the proper foundation and charitable contributions go, you can't succeed on that mission,” Ron said. Sometimes finding your calling takes time. While some people know their life's mission early on, it took Ron years to find his calling. He was initially only focused on making money and chose a career as a suit-wearing, profit-making New York City businessman. When Ron chose to step away from that lifestyle and become the co-founder of Profit First Professionals, he had a huge adjustment. And even after leaving the suit-and-tie world, he still hadn't found his calling. That changed when he attended a keynote speech by Oprah at a Quickbooks conference. Ron said he felt like Oprah was talking just to him. “I had an epiphany where it really hit me that, ‘Oh my gosh. This is it. This is my calling,'” Ron said. “I am on this mission to eradicate entrepreneurial poverty.'” You don't have to live in poverty to be an entrepreneur. The entrepreneurial narrative is often one of sacrifice -- living in poverty as a sacrifice at the altar of creating a successful business. But Ron said that narrative is a lie. That's why the mission of Profit First Professionals is to eradicate entrepreneurial poverty. “We started off by breaking the doctrine of sacrifice,” Ron said. “There's a lot of BS out there, and that's all it is.” As part of the Profit First Professionals mindset, Ron advocates for ensuring the entrepreneur's needs can be taken care of by implementing an envelope-based budgeting system for businesses. By using this model, an entrepreneur is encouraged to use sales to meet their needs first, then adjust the remaining expenses of a business accordingly. “It's not profit that is bad. It's the dirtbags with a lot of money that do bad things that are bad,” Ron said. “With profit, you can really do more good than without it.” Resources + Links Profit First the book Profit First Professionals Ron's Twitter: https://twitter.com/RonSaharyan Brian's Twitter: https://twitter.com/BrianFinancial About Brian and the Mission Driven Business Podcast Brian Thompson, JD/CFP, is a tax attorney and certified financial planner who specializes in providing comprehensive financial planning to LGBTQ+ entrepreneurs who run mission-driven businesses. The Mission Driven Business podcast was born out of his passion for helping social entrepreneurs create businesses with purpose and profit. On the podcast, Brian talks with diverse entrepreneurs and the people who support them. Listeners hear stories of experiences, strength, and hope and get practical advice to help them build businesses that might just change the world, too.
Every business owner wants to make a profit, but are you taking a deliberate approach to reaching that goal? Let us introduce you to someone who helped change our business through his Profit First system and give you more insight to how this approach has been adopted by companies around the world. See the show notes: https://tracyjepsonpodcast.com/podcast/ep-25-a-proven-profit-first-system-with-ron-saharyan/1390/ Connect with our guest: https://profitfirstprofessionals.com/ https://www.linkedin.com/in/ron-saharyan-3846a8 https://amzn.to/3sEwqSF What we discuss on this episode: 0:55 – Background on Ron 5:45 – Mike's past experience and failures 6:51 – Learning more about this system 9:11 – What is Profit First? 12:06 – Starting in a basement 15:28 – Outsourcing 18:40 – Moving to a bigger space with bigger team 22:43 – Being deliberate with spending 26:30 – Giving employees a purpose 31:03 – Ron's advice for business owners 33:36 – How to learn more about Ron
I'm so excited to have Ron Saharyan on the podcast this week. Ron is a Profit First guru and a Jedi sales master – we call him Obi-Ron Kenobi. Ron has a fascinating background: he's been a Felony 1 Investigator, he's worked in professional staffing, and helped companies grow their revenue to all-time highs. More recently, Ron co-founded Profit First Professionals alongside Mike Michalowicz, the author of Profit First. Tune in to the episode and hear about why Profit First is so important, who should be implementing Profit First, and when you should implement it. We also talk about sales skills, value pricing, and navigating a crisis. We've all been told that we need to pay ourselves first, but no one teaches us how to do that. Full transcript at https://theboldleadershiprevolution.com/profit-first-with-ron-saharyan/
Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I'm a certified Mastery Level Profit First Professional. Let's dive into strategies to maximize profits in your business! Ron Saharyan, the co-founder and managing director of Profit First Professionals LLC, is more than well-versed in Profit First methodology and implementing financial strategies that work. In this episode, Ron discusses how to create a profitable, mission-based business. You can learn more about Ron's work with Profit First at https://profitfirstuniversity.com/about-us/ P.S. The reference in the beginning is actually Saint Paul's Cathedral. Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community. If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business! DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ First 2 chapter of Profit First: https://mailchi.mp/1bf6b892deda/profitfirst Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.f
Partner of the world’s best systematic cash-flow system program Profit First, Ron Saharyan knows to think Profit First. Learn the Profit First philosophy on ensuring you have profits BEFORE you pay bills or overhead. When you architect your business in the right way, it can be more enjoyable and rewarding.
This is a unique episode. It was originally broadcasted live at the Accounting & Finance Show USA virtual conference where Michael Palmer interviewed Co-Founder and Managing Director of Profit First Professionals, Ron Saharyan and Ean Murphy who is the owner of Moxie Bookkeeping and a Profit First Professional herself. According to our guests, it's crucial to focus on making your clients more money first. When you help them get paid more than they ever had before, you will change the way they value you forever. During this interview, you'll discover... How profit consulting can impact your clients and your business The importance of understanding the behavioural aspect of bank accounts Different resistance on Profit First onboarding and how to overcome them To find out more about Ron & Ean, visit https://www.thesuccessfulbookkeeper.com.
Special Guest: Ron Saharyan.
Ron Saharyan is an expert in sales processes/systems, hiring, scaling, and operations. He started Profit First Professionals in 2014 with Mike Michalowicz. He has since certified and taught Profit First to hundreds of accounting, bookkeeping and coaching firms globally. Whether a newer business or a 100-year-old firm, Ron has taught firm owners how to properly experience, practice, implement, monetize and share Profit First with their customers. He is an expert in value pricing and has created the Profit First Value Pricing Curriculum. Shownotes: The Profit First methodology that came out of the 'envelope budget' approach A behavioral cash flow system that goes against how businesses have been taught for years Two reasons why profit is so important in a business Why accountants and bookkeepers are in a very strong position right now Two mistakes accounting firms make which stop them from growing How accounting firm business models are changing and what's driving that change Why most accounting firms growing on compliance are an algorithm away from being obselete The reasons why accountants are good at learning but struggle with changing and being coachable Breaking down the Profit First methodology of sales-profit=expenses The difference between real revenue and top line revenue in running a business What's wrong with the traditional sales-expenses=profit formula The biggest challenge accountants have with cash flow management The vital role of empathy in changing behaviors of accountants and business owners What stops accountants and bookkeepers from being more 'relatable' to their clients Why it's hard for clients to switch accountants and how to unseat the incumbent firm The one question accountants can ask to be much more empathetic How accountants can protect their time more and avoid 'over-servicing' their clients The one thing accountants must protect to grow and scale their business Practical examples of 3 tier pricing for accountants and bookkeepers What it actually means to scale a business on a commercial and a personal level The rule of '3 and 10' when hiring and growing and how business owners get it wrong What being proactive actually looks like for accountants and bookkeepers The critical questions clients ask themselves in deciding whether to switch from one accountant to another Why change is good and why optimism is the only mindset of any value The profit management blueprint and why accountants who want to add value to clients need to embrace it What will happen to the accountants who can't or won't change (https://bdacademy.pro/wp-content/uploads/2020/06/ron_saharyan.png) Contact Ron: Profit First website (https://profitfirstprofessionals.com/) Rob on LinkedIn (https://www.linkedin.com/in/rpjohnston/)
As accounting services become more automated and commoditized there are things accounting firms can do to remain relevant and take care of their clients. Listen to Roger Knecht, president of Universal Accounting Center and Ron Saharyan, Co-Founder of Profit First Professionals as they consider the challenge accounting professional face today. Consider the solutions offered and see what you can do to offer more value to your customers as a trusted strategic advisor helping them make profit a priority. Why Should Accountants Offer This Service? Why they are in the best position to do this with their clients Why become more consultative in your services to offer more value to your clients How to stand out from other accounting firms See how you can offer a Cash Flow Management System (pay yourself first methodology) that is unique. Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth. Profit First Helping eradicate entrepreneurial poverty – giving accounting professionals the process to make profit intentional and deliberate. Offers: Get a FREE copy of the e-book “Red to Black”, the how to guide for accounting professionals to help business owners with the most pressing problem many face, cash flow. Get a FREE copy of the e-book “Profit First” to help your clients make profit a priority and help eradicate entrepreneurial poverty. As supplies last, get your copy of the book “Profit First”, email Ron directly at rons@profitfirstprofessionals.com (Be sure to listen to the podcast for details) Become a certified Profit First Professional, PFP Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe. For more information on how you can apply these principles in your business please visit us at www.universalaccountingschool.com or call us at 8012653777
Our special guest for this bonus episode is Ron Saharyan, the Co-Founder and Managing Partner of Profit First Professionals. He has over fifteen years of experience in managing organizational growth and is sharing his recession-proof formula for connecting and communicating with your clients to help keep them at ease, be of more service, and keep your firm running. If you're finding these times challenging and want to be prepared for anything that may come your way in the future, this episode is for you! Here's a few things we talked about: The evolved communication Method that will help you serve and connect to your clients How putting yourself in your clients shoes and empathizing can help to grow relationships The best way to really make your clients feel heard and understood How to ask questions to get to the heart of your customer's vision The difference between being opportunistic and finding new opportunities The most important skill you can use to be of service right now Why you should avoid giving advice in stressful times and what you can do instead -- If you're having a challenging or stressful time in your firm right now, we're offering complimentary coaching sessions to help you through it! Visit theabundantcall.com to learn more and schedule. -- This episode was brought to you by Xero. With Xero's cloud accounting software, small businesses and accountants can work together and collaborate anytime, anywhere. With real-time financials, bank connections, unlimited users, and online invoicing, it's beautiful accounting software that's powered by people. Xero provides its 2+ million subscribers with connections to a thriving ecosystem of 800+ third-party apps and 200+ connections to banks and financial service providers. Learn more at www.xero.com. Important Links: Profit First Professionals Ron - LinkedIn Mike Michalowicz Profit First Profit First Professionals The Abundant Accountant podcast Success Unfiltered iTunes - The Abundant Accountant podcast https://ProfitFirstProfessionals.com Never Split the Difference About Ron Saharyan Ron Saharyan is co-founder and managing partner of Profit First Professionals. Having built multiple companies in the staffing industry, Ron leads Profit First's membership of world-class accountants, bookkeepers and business coaches who guide entrepreneurs to the highest degrees of profitability. He has over 15 years experience in managing organizational growth, is a thought leader in business cash flow management and is a popular speaker on the topic of, you guessed it, profit. Love the show? Subscribe, rate, review, and share! Here's How » Join the Abundant Accountant Community today: theabundantaccountant.com LinkedIn Twitter Instagram Facebook YouTube
Business owners are typically late to address expenses, income, and cash flow during a recession. On today's Entrepreneur MBA podcast Financing Solutions Stephen Halasnik and Ron Saharyan from Profit First Professionals talk about what a business owner should do now and later in a recession.
Being an accountant or starting your own firm in accounting and bookkeeping requires good marketing to set yourself apart from your competition. You have to speak to your audience about what you do, what you focus on, and what differentiates you from others who do more or less the same job. In this episode, host Michelle Weinstein interviews the Co-founder and Managing Partner of Profit First Professionals, Ron Saharyan, about how to differentiate yourself as an accountant and having the right image and strategies to be more specialized and focused. Love the show? Subscribe, rate, review, and share! Here's How » Join the Abundant Accountant Community today: theabundantaccountant.com LinkedIn Twitter Instagram Facebook YouTube
Sales minus expenses equals profit, right? Wrong! This formula may not be as correct as we thought. Small business profit guru Ron Saharyan joins Un-Billable Hour host Christopher Anderson to discuss how putting profit first helps lawyers be more focused on their clients’ needs. Ron explains the importance of setting aside money for profit, pay, and taxes; then using what is left to run your business. They discuss how this profit-first mindset removes financial stress—freeing up time for honing your craft and delivering better services to your clients. Ron Saharyan is co-founder and managing partner of Profit First Professionals. Special thanks to our sponsors, Answer1, Solo Practice University, Scorpion, and Lawclerk.
Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals
What is Profit First Professionals (PFP)? An exclusive hand-picked community of accounting and business professionals who are using the Profit First methodology to help their clients build highly profitable businesses using a consultative approach What are the Key Benefits? Easily attract higher quality clients who are searching for quality professionals to provide premium level business services Finally switch from a time-for-money pricing structure to highly profitable value-based packages so you can stop working harder (and love what you do even more)! Get nuts-and-bolts specifics on how to focus on high-value business services (and less on typical tax compliance and bookkeeping only) Gain more confidence and skills knowing that you’re on the leading edge of a major shift in our industry where you can reach your financial goals (and beyond), and help your clients thrive in the process
Eradicate entrepreneurial poverty. That is Ron Saharyan’s focus. He is the co-founder and managing partner of Profit First Professionals. He is also a thought leader in business cash flow management, a speaker on the topic of small business profit and a host of a podcast called The Profit First Podcast along with his business partner, Mike Michalowicz. There’s an ongoing uprising change in the accounting and bookkeeping sector. And from Ron's exceptional vantage point of working with bookkeepers, accountants and business coaches, he will be sharing his thirst for embracing change and pricing renovation. During this interview, you'll discover... How to be a value-based professional How to create personal pricing How to develop a profit first mindset To find out more about Ron, visit https://www.thesuccessfulbookkeeper.com.
Grow My Accounting Practice | Tips for Accountants & Bookkeepers to Grow Their Business
On this weeks "best-of", Mike Michalowicz, Ron Saharyan, and Chris Curran speak with Tax Extraordinaire, Eric Levenhagen to discuss how you can coach or guide your clients through better tax preparation. Most entrepreneurs default to incurring expenses at the end of the year to avoid taxes and end up damaging their business as a result. Eric shares a specific strategy for appropriately reducing tax consequences without this very reactionary response, including techniques like entity selection, entity management, and modifying payroll based upon the type of company you have (including family members in the business). Eric also shares a way that bookkeepers who do not want to get into tax can partner up with a tax accountant.
“There's a revolution going on in the accounting world right now,” today's PYP MVP Ron Saharyan says. “We're all about an algorithm away from being totally outsourced.” You will discover pretty fast that Ron is not shy about sharing his enthusiasm and passion for embracing change. From his unique vantage point of working with bookkeepers, accountants and business coaches, the writing is on the wall: get with the new program or get left behind. Ron's PYP Player Stats: Ron Saharyan is the Co-Founder & Managing Partner of Profit First Professionals, a family of the most elite accountants, bookkeepers and business coaches who help entrepreneurs make more money in their business, eliminate debt permanently and enjoy the financial freedom that they've always wanted. He has over 15 years experience in managing organizational growth, he is a thought leader in business cash flow management and he's also a popular speaker on the topic of small business profit. He and his business partner Mike Michalowicz host a podcast called The Profit First Podcast. Ron lives in a small town called Boontown in New Jersey where he grew up and is now in a historic bank building where the world headquarters of his company operates and gives back to his community. Connect with PYP on social media! Twitter LinkedIn Instagram Facebook PYP Leadership Academy
Episode003 - How To Put Your Profit First with Ron Saharyan In this episode of Crush The Journey we will be talking with Ron Saharyan of Profit First Professionals about the cash management system called Profit First. Ron educates entrepreneurs about the benefits for putting Profit First instead of last. Key takeaways: Sales - Expenses = Profit is a broken formula; Sales - Profit = Expenses puts profits first instead of last Profit First is a behavioral cashflow methology Implementation is slow and steady for long term growth Accountability partners, like Profit First Professionals, will help ensure success through celebrating small wins and setting up guardrails. Items mentioned: http://www.growmyaccountingpractice.com www.profitfirstpodcast.com Ready for clarity? Grab your FREE Cashflow Clarity Bundle now. This bundle includes the first 2 chapters of the Profit First book and a training video to get you started.