If You Have Multiple Revenue Streams, You Need Class Tracking (Here's Why)

You run a consulting business.

You have 3 service lines:

- Strategy consulting

- Implementation

- Training workshops

Which one is most profitable?

If you can't answer that, you're leaving money on the table.

Let's talk about QuickBooks Class Tracking

Classes let you tag income and expenses by category (service line, location, project, etc.)

Then you can run a Profit & Loss by Class and see:

- Which service makes the most money

- Which service costs the most to deliver

- Which service has the best margins

Real example:

A client was shocked to learn their "signature offer" was barely breaking even after accounting for delivery costs.

Their "quick win" offer? 3x more profitable.

They shifted their marketing focus and increased profit by 40%.

This works for:

- Multiple service lines

- Multiple locations

- Real estate investors (income per property)

- Agencies (profit per client type)

If you're using QuickBooks and NOT using class tracking, start today to track your profitability.

Questions? Ask below 👇🏾

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