Breakaway Advising

Still relying on monthly reporting? The backbone of accounting used to be the monthly report. That was partly because we didn’t have the tools to view and analyze the numbers more frequently. But technology is changing that, giving business owners the ability to take a real-time pulse on their business every week. With weekly reports, you don’t just see what happened—you get a forward-looking view of your cash flow, receivables, payables, and expenses. It’s like having a financial dashboard in front of you, allowing you to pivot faster, avoid cash crunches, and make decisions that boost your bottom line. This shift isn’t just a tweak—it’s a transformation. Weekly reporting helps businesses stay nimble and prepared, no matter what surprises come up. From unexpected expenses to new growth opportunities, you’ll be ready to act because you’re not operating on outdated information. Learn more about how we leverage weekly reporting for our clients on the blog at https://lnkd.in/eaQAkgTf

If you made a pie chart of how you spent your time this year, what would be the biggest slice? The top three? Most importantly, how would it match up with how you WANT to be spending your time? We love our work and our clients, but we also don't want that to overwhelm every other part of our lives. That's why we're constantly looking for ways to be more efficient with our time and meaningful in our client interactions. AI has become a big part of that, as are our processes, workflows, and even who we choose to accept onto our client roster. If your life pie chart feels out of balance, it might be time to consider a change. Visit https://lnkd.in/eeEEA7hT to learn about the unique opportunity of becoming a Breakaway Advisor. There's no better time than the start of a new year! #bringjoy #worklifebalance #entrepreneur #accountingjobs

We’re so grateful for kind words like these! At Breakaway, advisors like Theresa strive to provide expertise and care tailored to your business’s needs. Ready to experience strategic support that makes a difference? Let’s connect! Learn more at breakawayba.com or email us at [email protected]. #bringjoy #smallbusiness #nonprofit #accounting Theresa Ash, Msc

Did 2024 feel like a whirlwind? Often, when we meet with a potential client they talk about feeling in the dark about their business' finances, like they're playing catch-up instead of being in control of their future. If that sounds like you, the New Year is a great time to commit to a better plan with weekly reporting. Because weekly financial reporting = greater clarity & control. We specialize in providing weekly financial reports, delivered by a BA financial professional that knows you, knows your goals, and has your back. This means: 📣 A clear, actionable picture: Know exactly where your business stands, every week. 📣 No more surprises: Catch potential issues before they turn into major problems. 📣 Informed decisions: Use up-to-date data to guide your business strategy and stay ahead of the competition. Contact us at [email protected] to make weekly reporting part of your financial strategy in 2025. #fractionalCFO #smallbusiness #entrepreneur

We've been talking a lot about franchising this week in honor of National Entrepreneurship Month, but you know what? A lot of franchises require hefty $$$ startup fees--even remote, service-based ones. But we know not everyone has tens of thousands of dollars just lying around, and by limiting our franchisees to those who do we would be missing out on lots of talent. That's why we're proud to have had a NO BARRIERS TO ENTRY policy since the very beginning. No need for seasonal sales or gimmicks here! That means we have no buy-in or startup fees, and franchise fees don't start until an advisor bills their first client. Frankly, it's a radical way of doing this kind of business, but we're proud to open doors for people who might not otherwise be able to start their own business. We're known for our first-rate back office support, and a community unlike any other. And new advisors have access to that on day one, before they even start their 9-week New Cohort Training program. Learn more about how we make ownership a reality at https://lnkd.in/gip9nYX. #BringJoy #AssistedEntrepreneurship #SmallBusiness #accounting

Entrepreneurship without the risk and stress looks like this: ✔️ Website taken care of ✔️ Insurance taken care of ✔️ Billing platform chosen ✔️ Ongoing professional development scheduled ✔️ Supportive network of peer business owners ✔️ A lot more ...from day one. That's why we call our unique franchise business model *Assisted* Entrepreneurship. Because you are: 👏 Still a business owner 👏 Free to set your own goals and schedule 👏 An entrepreneur trying new things ...but without all the setup and back office hassle. To learn more about Assisted Entrepreneurship at Breakaway, visit https://lnkd.in/gip9nYX #NationalEntrepreneurshipMonth #franchising #smallbusiness #accounting #fractionalCFO #bookkeeping

At Breakaway Advising, we don’t do taxes. But that doesn’t mean we ignore them. As small business advisors, we’re in our clients’ financial corner year-round, not just during tax season. That’s why we’ve become pros at collaborating with CPAs and tax preparers to ensure a seamless handoff of clean books. What does “clean books” mean? Here’s a quick checklist to evaluate yours: 🔹 Are retained earnings rolling forward correctly? 🔹 Do the balance sheet accounts match source statements? 🔹 Are bank reconciliations up to date? 🔹 Have you reviewed A/R and A/P aging for old balances? 🔹 Is payroll reconciled and tied to W-2s/941s? And more! Check out the full list on our blog, along with crucial tips for record keeping: https://lnkd.in/gb4RmaXP #bringjoy #accounting #smallbusiness

When you love what you do, but don't love all the administrative tasks that come with running your own business, what gives? For many, franchising is the answer. When you join an established brand that takes care of all the "extras" for you, it frees up your time to focus exclusively on the things you enjoy. In our case, that means advisors get to spend their time on accounting and serving their small business clients. Breakaway takes care of all the back office tasks such as branding, managing a website, tech stack setup, insurance, vetting support team members, etc. Think you understand franchising? The way we do it might surprise you. Watch the video to see why 👀 #NationalEntrepreneurshipMonth #franchising #smallbusiness #accounting #fractionalCFO #bookkeeping

In honor of National Entrepreneurship Month, did you know that 1 in 4 businesses is a franchise? Are franchisees entrepreneurs? Absolutely! While they benefit from the back office support of the larger franchise, they are ultimately the one responsible for the management, decisions, risks, and rewards of running their own business. And many franchises--like Breakaway--encourage their franchisees to take the basics and get creative to build up and out and make the business their own. To learn more about what our franchise model means for our advisors, visit https://lnkd.in/gip9nYX. #NationalEntrepreneurshipMonth #franchising #smallbusiness