Wealth-Building for Entrepreneurs Scaling Their Business

The Challenges. The Opportunities. The Focus.

As an entrepreneur who has successfully navigated the startup phase, you may face new challenges as you continue growing. Managing expanding operations, optimizing cash flow, strategic planning for further growth, and ensuring tax compliance become crucial for sustained success.

At Breakaway Financial Group, we understand the unique challenges of scaling your business. Our mission is to provide the tools, guidance, and support needed to manage your growing enterprise effectively, ensuring your business thrives and builds lasting wealth.

Our team possesses extensive knowledge in accounting, tax planning, financial planning, investment strategies, and business development. With personalized solutions tailored to your specific goals, we empower you to make informed decisions and maximize your potential, instilling a sense of control and confidence in your financial journey.

Join us on your path to financial success and discover the Breakaway difference. Together, let’s guide you through the complexities of growth and transform your entrepreneurial vision into lasting prosperity.

Ready to Take Your Business to the Next Level?

Growing your business brings new challenges, but you don’t have to face them alone. At Breakaway Financial Group, we specialize in helping entrepreneurs like you overcome the complexities of scaling your business. Whether it’s managing operations or developing scalable processes, we are here to guide you every step of the way.

Contact us today to schedule your free consultation and discover how our expertise can help you achieve sustainable growth and lasting success. Let’s work together to transform your business into a powerhouse of success.

Case Study: Streamlining Success

The Journey of Established Entrepreneur John Smith

Background

John Smith, the owner of a successful digital marketing agency, had been in business for over a decade. Despite his experience and initial success, he faced several challenges that were hindering his growth and peace of mind.

The Challenges

Time Management John felt overwhelmed by the daily demands of running his business. He struggled to find enough time to focus on strategic planning and growth, as operational tasks consumed most of his day.
Increasing Marketing Budget As competition in the digital marketing space intensified, John realized he needed to increase his marketing budget to maintain and grow his client base. However, he was unsure how to allocate these additional funds effectively.
Tax Liability With the growth of his business, John’s tax liability had also increased significantly. The weight of these rising taxes was becoming a heavy burden, impacting his ability to reinvest in the business.
Building a Competitive Advantage John recognized the need to define and build a competitive advantage to stand out in a crowded market. However, he lacked a clear strategy to differentiate his services from those of his competitors.
Onboarding New Clients and Employees The process of bringing on new clients and employees was chaotic and inconsistent. John needed to create a streamlined onboarding process to ensure a smooth transition and maintain high standards.

How We Helped

Our company provided John with a tailored support package to address each of these challenges:

Time Management Strategies: We worked with John to implement effective time management strategies, including delegation, automation of routine tasks, and prioritization techniques. This allowed John to focus more on strategic growth and less on daily operational tasks.
Marketing Budget Allocation: Our team helped John create a budget for his marketing efforts. This included identifying high-ROI marketing channels, leveraging digital marketing tools, and tracking the performance of marketing campaigns to ensure effective spend.
Tax Planning and Management: We provided John with tax planning services to help manage his increasing tax liability. This included exploring tax-saving opportunities, setting aside funds for tax payments, and ensuring compliance with tax regulations to avoid penalties.
Building a Competitive Advantage: We conducted a competitive analysis and worked with John to identify his unique selling propositions (USPs). This involved refining his service offerings, improving customer experience, and developing a strong brand narrative highlighting his agency’s strengths.
Creating Onboarding Processes: To streamline onboarding new clients and employees, we helped John design standardized processes. This included creating onboarding checklists, training programs, and client introduction materials to ensure consistency and high quality.
Business Performance Assessment: We introduced John to performance metrics and key performance indicators (KPIs) relevant to his business. By setting up dashboards and regular review processes, John gained valuable insights into his business’s financial health, client satisfaction, and overall performance.

Results

With our guidance, John was able to reclaim control over his time and focus on growing his business strategically. His optimized marketing budget led to increased client acquisition and retention. Effective tax planning alleviated the financial burden, allowing him to reinvest in his agency. The defined competitive advantage helped him stand out in the market, attracting more high-value clients. Streamlined onboarding processes improved efficiency and client satisfaction. Lastly, regular performance assessments gave John confidence that his business was on the right track.

Our Fees

Onboarding: $3000

8 Meetings:

#1: Business Discovery I

#2: Business Discovery II – Quickbooks set up – Vivid Vision

#3: Proforma – COnsulting Calendar

#4: Tax Discovery

#5: Tax Plan Discovery

#6: Entrepreneur Wealth Plan Discovery I

#7: Entrepreneur Wealth Plan Presentation

#8: Wrap Up

Monthly Fees: $750/m

Recurring Services:

Level 2 Bookkeeping

Level 2 Payroll

Level 2 Tax Strategy Implementation

Profit-First Account Transfers

Monthly Proforma & Performance Updates

Quarterly Tax Compliance Checks

Yearly Reasonable Compensation Survey

Level 2 Business & Personal Tax Preparation

Weekly Open Office Session

2-hour Semi-Yearly Business Planning Session

Quarterly Business Planning Checks

Are You Ready to Overcome Growth Challenges?

As your business scales, so do the complexities and obstacles. At Breakaway Financial Group, we provide the strategic support and expertise you need to navigate these challenges successfully. From improving cash flow management and enhancing brand visibility to developing a scalable business model and recruiting top talent, we are dedicated to helping your business thrive.

Reach out to us today for a free consultation and learn how our tailored solutions can drive your business forward. Together, we can ensure your continued growth and long-term success.