The Gro Model: Your 3-Step Guide to Smarter Business

🏆 This Week’s Profit First Accountant Newsletter

Estimated Read Time: 3 minutes

Hi everyone,

It’s Stephen Edwards from Gro Profit First Accountants, and welcome to this week’s Profit First Accountant Newsletter!

Watch the full video

Building a Business That Works for You

Most business owners are putting in the hours, taking on the risk, but not seeing the financial return they deserve. Around 80% of business owners are in this trap—and we want to break that cycle.

That’s why this week’s focus is on what I call the Gro Model—a practical three-step process to building a better finance function and a business that truly pays you back.

1️⃣ Finance Foundations

You can’t scale chaos—you have to scale clarity.

Start by getting your financial basics in order. That means using an online bookkeeping system like Xero, QuickBooks, or FreeAgent. We prefer Xero, but the key is: it must be online, up to date, and giving you monthly clarity.

No more chasing receipts or waiting months for your accountant to tell you how you did last year. You need real-time visibility, weekly or fortnightly bookkeeping, and a relationship with your accountant that goes beyond just filing a tax return.

If you’re still stuck in reactive mode, now’s the time to fix that.

2️⃣ Profit Improvement

Once your books are in shape, it’s time to turn your business into a profit machine.

This is where the Profit First system shines—by giving you a proactive view of your margins, taxes, and cash flow.

We help clients with monthly finance reviews, almost like having a part-time finance director without the £80k+ salary. Even if you only do a once-a-year forward-looking review, it can be transformational. Set your goals for 2026 now, not when it’s too late.

3️⃣ Wealth Maximisation

You’ve built a better engine—now it’s time to take home more of the reward.

We call this the Tax MOT—a deep-dive tax diagnostic based on 33 ways to save tax. We do this with clients annually, and the results speak for themselves: we typically find £2,000–£5,000 in savings, and we guarantee you’ll save something.

This is where you make your business a true wealth-building machine, not just for the business—but for your family’s future too.

Want to Know If You’re Missing Out?

If you’re interested in our Tax Diagnostic service—whether you’re already a client or not—just reply to this email. We’ll help you uncover opportunities and get you on the path to higher profitability.

Book a Tax Diagnostic Review here.

Here’s to building a business that works for you.

Until next time,

Stephen Edwards
Profit First Accountant & Business Coach
📧 [email protected]
Gro Profit First Accountants

📗 Haven’t read my book yet?
Get your copy of How to Build a Business That Runs Without You on Amazon now.

Want some help?

3 Ways I can help you.

1. Book a Tax Diagnostic Discovery Call To See if we think we can save you money? If you are not a client, then you can book a call HERE so we can learn more about your business.

2. If you are a client and we don’t already help you with Profit First or you taxes, email me via [email protected] to arrange a chat about the Profit First System and how it can increase your cash balance and profits (guaranteed)

3. Get some tax tips from my TikTok HERE
   
   Visit our website - www.wearegro.co.uk