Frequently Asked Questions

At Ethical Profits, we offer a range of services designed to empower small businesses to make a positive impact. Our services include bookkeeping and financial reporting, employee empowerment programs, and automation and AI consulting & implementation. We believe that these services are essential for small businesses that want to streamline their operations, create a more positive workplace culture, and make informed decisions based on reliable financial data. With our help, you can focus on what you do best – running your business – while we take care of the rest.

Wondering how available Ethical Profits is for remote support? We’re here to put your mind at ease. We pride ourselves on a 2-business day turnaround for requests, and our robust virtual workspace ensures that your needs are tracked and addressed promptly.

Need to speak with someone directly? Our live support is just a virtual call away, and we make it easy by providing each client with their own unique scheduling link. Simply click on your link and schedule a time that works for you.

And of course, we welcome your questions! At Ethical Profits, we believe that informed clients are happy clients, so don’t hesitate to ask us anything you need to know.

Although we do have a physical office, we don’t see clients in person to avoid geographic limits and ensure all clients receive the same level of attention and care. We believe in providing our clients with the best service regardless of their location, so there’s no need to worry about favoritism for the locals. We invite you to schedule a remote session with us and experience our personalized and convenient bookkeeping and accounting services from anywhere.

Nope! Preparing taxes never created joy for us and there are plenty of other firms that do enjoy tax work! In fact, tax preparers and tax planners love us – we provide them exactly what they need, when they need it! 

At Ethical Profits, we work with small businesses under $10M in annual revenues who are committed to making a positive impact in their communities. Our clients are those who value employee empowerment and are open to utilizing technology such as automation and AI to improve efficiency and create more time for innovation. If this sounds like you, we’d love to start a conversation and see how we can help your business grow and thrive.

At Ethical Profits, we primarily work with clients based in the United States, but we do have experience working with businesses that have international operations. While we focus on providing financial and consulting services to clients within the US, we are always open to discussing how we can support businesses that have an international presence.

At Ethical Profits, we prefer to work with Xero, a cloud-based accounting software that provides an all-in-one solution for bookkeeping, financial reporting, and more. If you are currently using a different software, we are happy to help you transition to Xero and set up a new file. Our team has extensive experience working with Xero and we believe it provides the best value for our clients.

Check out our  ‘Why Xero’ section to learn more about the benefits of using this software and why we believe it’s the best choice for our clients.

Absolutely! It’s important to remember not to try and fix it yourself, as that can often lead to more expensive problems down the line. Instead, reach out to us immediately and let us help you clean up your accounting disaster area.

The good news is that cleaning up your books is a great way for us to get to know your business and ensure you’re set up for success moving forward. Plus, if you’re willing to take our advice and try Xero, we can help you streamline your finances and make bookkeeping a breeze. So don’t hesitate to contact us today and let us help you get back on track.

Sure, you can do it all yourself! But as your business grows, you might find yourself spending more and more time on bookkeeping tasks, leaving less time to focus on growing your business.

It’s not just a matter of capacity, knowledge, or skillset. You can always learn these things if you want to. But time is a finite resource that you can’t buy more of. Ask yourself, “Do I want to take the time to do this myself? Is this the best use of my time?” At some point in your business’s growth, the answer needs to be no, because your time is worth more to the business than time spent doing the accounting.

By contracting a service like Ethical Profits, you’ll have more time to focus on growing your business, while still having peace of mind knowing that your finances are in good hands.

A fractional or outsourced CFO is a contracted professional or firm that provides CFO-level functions to your business. As your business grows, you need someone to help you strategize and plan your finances. A fractional CFO can provide that guidance, insight, and advice on next steps based on specific, measured, and critically thought-out analysis of your financial situation. They’re like having a back-pocket accountant who looks at the big picture and says, “Here’s what we should do next.”

If you need help managing your finances but don’t want to (or can’t) hire a full-time CFO, a fractional CFO service provides the expertise and guidance at a fraction of the cost.

At Ethical Profits, we work on a subscription basis and charge a flat recurring fee for most of our services. However, the cost of working with us can vary depending on your specific circumstances and the changes you want us to deliver. To ensure transparency and accuracy, we do not provide quotes before conducting a diagnostic examination of your current accounting.

Once we have a clear understanding of your needs, we will provide you with a detailed quote that includes current and future costs. To get a quote, simply schedule a consultation with us, and we’ll be happy to help.

The first step is to schedule a meeting with Ethical Profits founder Jenn Viridis. During the meeting, you’ll have the opportunity to discuss your business, your needs, and your goals. Even if you’re not exactly sure what you need, we can work together to determine the best course of action. We believe that communication is key, so we’ll take the time to listen to you and ensure we have a clear understanding of your situation before providing any recommendations. Contact us here to schedule a consultation today.

Immediately after signing, you’ll be prompted to schedule  your launch meeting. This is an all-hands meeting to discuss your objectives, challenges, and timeline. During this meeting, we’ll set up the tech tools we use and obtain any access or credentials we need to get started. You might even get to meet our cats!

Once we have everything we need, we’ll get to work! In the first 30 days, we’ll have at least two more meetings to keep you updated on our progress. You’ll also see a lot of activity in our workspace as we work to transform your financial situation. While it may seem overwhelming at first, the results are well worth it!