Welcome to ProfitGauges!
Congratulations on taking this step towards doing the hard work and getting your bookkeeping in order! ProfitGauges was created with two major objectives in mind. The first was to create a system as simple as possible that required the least amount of time and effort. The second was to create a system that generated the very best reports possible without all of the excess.
You can run a successful trucking business with just three reports, and we've created a system you can use that does just that. There is a monthly Business Report that shows income and expenses broken down by category, and it shows income per mile, cost per mile, and each expense as a percentage of revenue. You can look at that report once a month and know exactly what is going on in your business, and more importantly, you can determine ways to improve it. The system also generates a standard Profit and Loss statement (P&L) and a very simple, yet powerful, year-end Tax Report for your tax preparer.
This course will walk you through step by step on how the program works, how to organize your paperwork, and how to understand the reports that are generated. Knowing your numbers is crucial for running a successful business. If you don't know your numbers, how can you make informed decisions or even know if you're making or losing money? After all, that's the whole reason for being in business, to make money.