Take control of your business
We’re here to help you thrive
After years of personal and professional experience, we founded My Profit Gurus to help business owners make their business dreams a reality. With our comprehensive guided financial advisory services, you’ll unearth renewed confidence and tactics to help your business thrive. In the dynamic landscape of modern business, business owners often grapple with the dual challenges of maximizing profits and optimizing cash flow. While these entrepreneurs excel in their core competencies, they might not always possess the financial acumen required to navigate the complex financial challenges that businesses face today. This is where My Profit Gurus steps in, acting as a catalyst for sustainable growth and profitability. By leveraging specialized expertise in finance and business strategy, we offer tailored solutions that address the unique needs and challenges of your business.
My Profit Gurus brings a wealth of knowledge and experience in areas crucial to the financial health of a business, such as cash flow management, cost reduction, revenue optimization, and investment strategies. We begin by conducting a comprehensive analysis of the business's financial statements, operational processes, and market environment. This holistic approach enables us to identify inefficiencies, uncover hidden opportunities for cost savings, and suggest avenues for revenue enhancement. By focusing on these areas, we help business owners not just to survive, but to thrive, turning potential financial pitfalls into opportunities for growth.
Cash Flow Management
Efficiently managing cash flow is crucial for the survival and growth of any small business. Many small businesses struggle with this, especially when dealing with irregular or delayed income streams while having consistent or unexpected expenses. Ensuring there's enough cash on hand to cover operational costs, such as rent, salaries, and inventory, can be a significant challenge.
Overcome your obstacles
Access to Capital and Funding
Securing adequate funding to start or expand a business is a significant hurdle for many small business owners. Traditional bank loans may have stringent requirements that are difficult to meet, and alternative funding sources like venture capital or angel investors may not be readily available or suitable for all types of businesses. This limitation can hinder growth or even the basic establishment of the business.
Maintaining Profitability
Achieving and maintaining profitability is a constant challenge. Small businesses must effectively balance revenue generation with cost management. This includes navigating thin profit margins, handling competition, adjusting pricing strategies, and managing operational costs. Profitability is also closely linked to market demand and economic conditions, which can fluctuate and are often beyond the control of the business owner.
Financial Planning and Management
Many small business owners lack the expertise in financial planning and management, which is crucial for long-term success. This includes budgeting, forecasting, tax planning, and understanding financial statements. Without these skills, it can be challenging to make informed decisions, anticipate future financial needs, manage debt, and invest in growth opportunities.
Choose your starting point
Explore which service offerings are best for your business
Profit Advisory Services
Value-Based Pricing
This service is ideal for the business owner who wants a committed partner to provide financial advisory services on a monthly basis. We start by reviewing your personal and business goals to realistically determine if our business advisory services will help you achieve them. If we can provide value, we will move on to the next step of performing a complimentary financial analysis, which will provide you with some key insights on improving profitability and managing cash flow. We can then mutually decide on an advisory service plan that best meets your needs.
Business Planning
Value-Based Pricing
If you are thinking about taking your business to the next level and need a road map on how to get there, we can help you develop a comprehensive business plan that includes creating a revenue and cost forecast and determining your business’s strengths, weaknesses, new opportunities, and threats. This is usually helpful if you are considering expansion, layoffs, new service or product offerings, business slowdown, or implementing new technology.
Customer Success and Employee Retention
Value-Based Pricing
Many times, we find business owners working 24/7 to ensure their business doesn’t fall apart when they aren’t there. Without a proper retention strategy and controls in place, business owners live in constant fear of losing key employees or significant customers, which can destroy a business. This means fewer vacations and less time spent with family. We provide advisory services and tools to help owners prevent and prepare for such losses so they can feel comfortable stepping away to enjoy the fruits of their labor.
Do-it-Yourself Pack
Free
We understand that business advisory services aren’t for everyone, but we still wanted a way to provide value to those business owners who are in a good financial place but are looking for smart strategies to generate more leads, hire good people, time management, and to address other common challenges, most business owners face. We have selected a series of business and self-improvement courses and software apps that are tailored for the busy entrepreneur. Most of these resources are FREE.
Not sure which service is best for you?
We start by reviewing your personal and business goals to realistically determine if our business advisory services will help you achieve them. If we can provide value, we will move on to the next step of performing a complimentary financial analysis, which will provide you with some key insights on improving profitability and managing cash flow. We can then mutually decide on an advisory service plan that meets your expectations.
Meet your Senior Profit Advisors Harsh and Matt
I’m an accounting professor (yes, I teach at U.C. Berkeley) and a recovering CPA who became passionate about the idea of helping more business owners succeed. I realized my clients were way too busy and found little value in reviewing their own financial statements, other than to determine if they had a profit or loss for the month and enough cash in the bank to make payroll. What they needed was a seasoned financial professional to do the heavy lifting by performing a thorough monthly financial analysis for them. They needed someone to advise and focus them on the most important profit drivers, manage unpredictable cash flow, and avoid making the wrong financial decisions. Most importantly, they needed a financial coach to create an action plan with the exact steps necessary to grow their business and to help them monitor and measure the growth.
I also understood that it’s not “one size fits all,” and each business owner has their unique dream, life circumstances, and challenges, and the only way to serve them well is by providing customized financial advisory services that are specific to them and their business. Nothing makes me happier than to see an entrepreneur’s eyes light up when they implement our financial strategies and see the actual results of their business growth over time.
Matt and I knew the opportunity had finally arrived. We quickly bonded over our desire to work with entrepreneurs, and My Profit Gurus was born. We now have the pleasure of working with business owners and entrepreneurs from all over the world.
Harsh Jadhav, CPA, CGMA, Partner
After working for over twenty years as a senior executive with some of the top tech companies in Silicon Valley, like DocuSign, Cisco, and Salesforce, I decided to take a break and look into starting my own business. At first, I was thinking about investing in a franchise since they have a proven business model and a higher probability of success, but in my heart, I felt like I would be trading one job for another. To get my bearings right, I interviewed several independent entrepreneurs who built their businesses from scratch, purchased one, or assumed a family business, and found like them, I was more of a maverick and liked the idea of driving fast without guardrails.
Interestingly, one of the most profound insights I received was from a 68-year-old entrepreneur who owns a successful interior design business. She mentioned being an entrepreneur can be very lonely, and making key business decisions that can have an impact on your customers and employees every day, can be overwhelming. Having a business confidant to give you some sound advice and sometimes a sanity check gives you that peace of mind that you aren’t missing a blind spot.
Harsh and I were inspired by her genuine need and realized that most entrepreneurs probably felt this way. We created a program to guide entrepreneurs on how to 10X their business. We combined our over 40 years of financial and customer success experience to create My Profit Gurus, a business advisory platform that has been tested and proven time and time again.
Matt Jadhav, Partner
