Financial Health | Walla Support Center

Financial Health

Financial Health: (Going Live for Beta)

Real Talk:

• Contextual analysis of financial performance with plain-language explanations of what the numbers mean for the business

  • Display Overall performance score with contextual interpretation

  • Based on AI prompt (will not be included in this pitch because it can change)

• Risk Assessment: Automated identification of financial concerns with specific recommendations for improvement

• Action Items: Prioritized list of actionable steps to improve financial health, including specific targets and timelines

Contextual analysis of financial performance with plain-language explanations of what the numbers mean for the business

Display Overall performance score with contextual interpretation

Based on AI prompt (will not be included in this pitch because it can change)

Risk Assessment: Automated identification of financial concerns with specific recommendations for improvement

Action Items: Prioritized list of actionable steps to improve financial health, including specific targets and timelines

Metrics Cards:

Cash In

• All money collected from clients this period (credit card, cash, gift card sales, account balance top-ups/payments). Includes tax collected and does not account for any cash refunded.

• This month compared to last month

• Integrates with Goals section:

  • Green = goal met or exceeded

  • Red = below goal

All money collected from clients this period (credit card, cash, gift card sales, account balance top-ups/payments). Includes tax collected and does not account for any cash refunded.

This month compared to last month

Integrates with Goals section:

Green = goal met or exceeded

Red = below goal

Net Cash In

• Remaining cash after sales tax refunds and tax removed.

• This month compared to last month

  • Integrates with Goals section:

    • Green = goal met or exceeded

    • Red = below goal

Remaining cash after sales tax refunds and tax removed.

This month compared to last month

Integrates with Goals section:

Green = goal met or exceeded

Red = below goal

Monthly Expenses

• Sum of the expense you've entered.

• This month compared to last month

• Integrates with Goals section:

  • Green = goal met or exceeded

  • Red = below goal

Sum of the expense you've entered.

This month compared to last month

Integrates with Goals section:

Green = goal met or exceeded

Red = below goal

Remaining/Free Cash

• Net Cash In - Monthly Expenses

• This month compared to last month

• Integrates with Goals section:

  • Green = goal met or exceeded

  • Red = below goal

Net Cash In - Monthly Expenses

This month compared to last month

Integrates with Goals section:

Green = goal met or exceeded

Red = below goal

Profit Margin

• Based on cash collected, calculated as Remaining Cash / Net Cash In.

• This month compared to last month

• Integrates with Goals section:

  • Green = goal met or exceeded

  • Red = below goal

Based on cash collected, calculated as Remaining Cash / Net Cash In.

This month compared to last month

Integrates with Goals section:

Green = goal met or exceeded

Red = below goal

Expense Breakdown: (WIP)

• Add Monthly Expenses

• Studios can manually input expenses with the following fields:

  • Category: Rent, Equipment, Utilities, Marketing, Payroll, or Other

  • Studio Location: Select for multi-location businesses

  • Year: Choose year

  • Amount: Enter total expense for the selected category and month

• Expense Summary

  • Once added, each expense automatically appears month in the Expense Summary section

Add Monthly Expenses

Studios can manually input expenses with the following fields:

Category: Rent, Equipment, Utilities, Marketing, Payroll, or Other

Studio Location: Select for multi-location businesses

Year: Choose year

Amount: Enter total expense for the selected category and month

Expense Summary

Once added, each expense automatically appears month in the Expense Summary section