Who Is This For?
Any type of agency
Who Is This NOT For?
Any business that is NOT an agency
Who Is Behind This?
Why Are We Doing This?
We’ve been running Jakt for almost 7 years. Along the way, we’ve learned a ton.
One thing that has been crucial to our success and profitability each year is a strong understanding of finance, financial engineering and accounting.
We’re talking about the type of stuff you don’t just go to an accountant for, but is absolutely crucial to running a healthy and profitable business.
We deeply understand what it’s like to run a business, especially an agency. We’ve lived it for over 6 years. This is what makes us uniquely capable of offering this service.
We’ve constructed our own ideal accounting + finance offering, and now want to offer it to others.
When designing our service and pricing, our goal was to offer a better quality service than you could hire for full time at a cost that is less than a full time hire.
It’s what we wanted for ourselves at Jakt, so we created it.
The offering below is the exact same offering we use at Jakt and exactly the same pricing we pay for it. We are eating our own dog food. We’re not asking you to buy something we wouldn’t buy ourselves.
Software setup (for bookkeeping, basic reporting, payroll for w2, payroll for contractors (US and on-US based), expensing )
Receiving invoices from vendors
Payment to vendors
Rebalance cash accounts (weekly) and ensure ok with taxes
Income Statement (cash and accrual basis)
Financial modeling (forecasting)
Of all financial statements
Per project profitability
Marketing spend analysis
Credit line utilization or other financing utilization (credit card, bank loan, etc)
What do the reports and numbers mean
How much should you charge?
Contract structure & payment terms
Pricing model / deal structure
Competitors and substitutes
Means of financing
Bank account structure
Debt vs equity financing
How to pay people outside the US
When to hire (full time vs contract)
How much to spend on marketing?
How much to spend on apex?
What should my gross margin be?
What should net margin be?
Decisions on cash management / cash flow management
Filing Taxes (quarterly and yearly) - separate cost 1 off - $500-1500
How to manage your personal finances as an entrepreneur
What can you expense
How to run things through your business
We won’t just operate in a black box we’ll also help you improve your accounting and finance acumen so you can better run your business