The Real Estate Chart of Accounts

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Do your tax reports really show how healthy your business is? Many owners rely on numbers built for tax savings, not for measuring true profitability. Today, I’ll explain what adjusted net profit is and how it gives you a clear picture of your real earnings. You’ll see how to calculate it, identify hidden costs, and measure your true business strength. Get all the details in my latest video. Learn more: https://blog.simple-numbers.com/how-to-measure-your-business-s-health-using-adjusted-net-profit.html Timestamp: 00:00 — What is adjusted net profit? 00:17 — Tax lens 00:48 — Indirect expenses 01:11 — Owner production adjustment 01:47 — The formula for adjusted net profit 02:24 — Examples 02:37 — Reach out to me #SimpleNumbersInc #FinancialManagement #AdjustedNetProfit ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Do you ever look at your financial reports and feel a sense of dread? You know the numbers are important, but you can't tell the true health of your real estate business. That confusion ends now. Today, I’m going to share a real review of a team’s experience with our specialized bookkeeping. You’ll see how moving to a specialized bookkeeping service eliminated their financial stress and gave them a clear, strategic advantage. Click below to transform your financial fog into absolute clarity. Learn more: https://blog.simple-numbers.com/client-review-why-real-estate-teams-trust-simple-numbers.html Timestamps: 0:00 – Intro 0:32 – The real estate lens advantage 1:27 – Simplifying complex finances 1:45 – Client testimonial #SimpleNumbersInc #FinancialManagement #BookkeepingTips ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Are you focused only on net profit when tracking your business? If so, you may be missing the warning signs of a shrinking team and growing reliance on your own production. Today, I’ll explain why profit growth isn’t always a good thing and how to structure your numbers to see the truth. For example, separating team revenue from owner revenue shows whether your business is scaling or just creating more work for you. Get the insights you need in my latest video. Learn more: https://blog.simple-numbers.com/how-increased-profit-doesn-t-always-mean-a-healthier-business.html Timestamp: 00:00 - Intro 00:15 - Example of a P&L 01:08 - The reality 02:27 - Free chart of accounts #SimpleNumbersInc #FinancialManagement #NetProfit ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Are you leading a team that works hard but still falls short on results? The problem may not be effort but clarity. Today, I’ll explain how clear communication sets high-performing teams apart and why it matters more than talent alone. I’ll share actionable steps you can take to make sure everyone in your organization is aligned and moving toward the same goals. If you’re wondering why some real estate teams thrive while others struggle, just remember that it often comes down to one make-or-break factor: communication. This video will show you why. Learn more: https://blog.simple-numbers.com/the-1-skill-every-high-performing-real-estate-team-fosters.html Timestamp: 00:00 - Intro 00:04 - Clear communication 00:50 - Why is it important for team leaders? 01:33 - The core of clear communication #SimpleNumbersInc #FinancialManagement #RealEstateManagement ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement