Young + Co

You have lifetime access to the modules and resources, including future updates!

We run BYOCFO several times throughout the year. The next cohort begins on Thursday, October 21, 2021. The last module of this cohort will be released on December 10, 2021. We'll have the members-only Facebook community open and will host live Q&As every Thursday until December 16, 2021.

BYOCFO is going to teach you all the basic business financial concepts that any business owner needs to know. This program was designed with small business owners in mind and is ideal for you if you're in your first few years of business, or have been in business for a while but never learned the basic financial concepts. It will teach you literally everything you need to know from the time you set your business up to when you're generating six figures in revenue.

BYOCFO is best suited for sole proprietors, LLCs, and S Corps. If you have a lot of investors or a complicated structure, this course is probably not a great fit.

It's also best to take the course when you've made a sale or two, or have planned out your programs or products. That way you have some numbers to work through!

You'll get what you put into the program! BYOCFO is a comprehensive course, but I've used my teaching and training skills to distill the modules down to focus you on what you really need to know.

You should budget about an hour each week to watch the videos and work through the resources. I also really want you to implement what you've learned in your business, so you should set aside some extra time to work on your homework assignments, check in with us in the Facebook group, and attend the live Q&As! This will help you create a good financial habit of checking in on your business every week.

Remember, part of your role as CEO of your business is to be a good steward of your money, so we'll teach you how to create processes and routines to make that easy.

I fully expect you to have questions as you work through the modules. In fact, if you don't ask me any questions, I'll reach out to make sure you're actually doing the work! 😉

Modules will be released every Friday. We'll run a live Q&A every Thursday, so you'll have ample time to watch the videos and work through the resources beforehand. We'll have a total of eight Q&A sessions, so you have extra time to work through all six modules.

We know you might not want to post specific financial information publicly, so you can definitely ask us anonymously via email or Facebook message and we'll answer on the live call (not sharing your name, of course).

And you'll have access to a private Facebook group where you can post questions and get support from me and your cohort.

Heck no! 🙅‍♀️ I want this to be as pain-free as possible!

Fun fact about me - I actually taught high school math for two years before going back to get my Master's in Accounting. I also trained dozens of staff in my public accounting and corporate days. If I can teach them, I sure can teach you!

I know that numbers and accounting can make a lot of people clam up, stress out, fall asleep, or run for a glass of wine. So I've broken down all my knowledge and best tips into easily-digestible, short lessons that teach you exactly what you need to know, no jargon or memorizing debits and credits required.

I think there's a time and place to hire a bookkeeper and CPA, but it isn't always right when you start your business. And I have a bonus module on how and when to hire them!

For your bookkeeping, you will learn enough in BYOCFO to keep your own books up to date. I also have a bonus module that shows you tips and tricks for setting up QuickBooks Online.

After taking this course, you might feel confident enough to use a software like TurboTax to take care of your own tax return. I'll explain all your taxes to you and even walk you through a Schedule C and a few other key parts of your return. However, if you are generating profits that are close to or in excess of $100,000, or if you have multiple owners or file as an S Corp, I HIGHLY recommend hiring a tax accountant. First, a good accountant will pay for themselves (watch the bonus module!). Second, partnership and S Corp returns are out of the scope of this course and are VERY easy for a layperson to mess up. Trust me, I've seen it. 👀

Whether you outsource these tasks or not, it's important for you to understand the concepts. You need know if everything is done the right way because ultimately, the responsibility for the success of your business and your taxes being done the right way lies with you.

I'm also going to teach you several things that most CPAs or bookkeepers won't cover (at least not voluntarily) - like how to price for profits, how to create a budget, how to manage your cash flow and invest in your business, how to pay yourself, and how to hire a team.

I want you to be 100% satisfied with your investment! If you put the work in, you will see results and feel clear on your business's finances.

So if you don't feel satisfied for any reason after watching the first two modules and completing the work, simply reach out to me at [email protected], show me the work you've done, and I'll refund your investment in full.