Each course in Woodard Institute's Power Day series equips you to perform entry-level coaching services to your existing bookkeeping clients.
The Power Days are designed for you to elevate your bookkeeping - to offer a new, value-infused tier of services that includes a slate of add-ons (e.g., financial coaching) that increase value for your clients and generate new revenue streams for your practice.
These entry-level coaching services generate, on average, about $500 per month in additional billings for each of your bookkeeping clients. For some of your larger clients, you can possibly generate more than $1,000 per month!
Dates available: January 24 or March 18
Accounts Receivable management is the most important contributor to incoming cash flow. A/R often represents over 40% of current assets for many small to medium-sized companies. This course will equip you to manage your clients' A/R, improve cash flow, and mitigate bad debt (i.e., write-offs). The hands-on exercises you will perform during this course focus on A/R measurements and management techniques you can begin immediately using with your existing bookkeeping clients as a new billable add-on service. The course also covers how to identify clients who would benefit most from A/R management services, and how to package and price your A/R management services.
Dates available: January 20 or March 7
Managing cash is the lifeblood for every business, whether just starting out, growing, or declining. It is as much an art form as it is a mathematical necessity in a business. This course is designed to educate and equip you with critical and essential cash flow concepts that every business needs to maximize their cash flow and profits in a simple, yet powerful way.
Dates available: January 14 or February 7
Most business owners are not financial managers and they need your expertise to help them make better decisions. During this Power Day you will gain an understanding of the skills and tools you need to provide your clients with “operational intelligence” rather than just the usual monthly financial reports they neither open nor understand. You will learn a simple process for adding significant value to their decision-making while generating an average of about $500 per month per client for your efforts. And...this course will equip you to prepare for each client meeting with less than 30 minutes of prep work!