Financial Health | Walla Support Center

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

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

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

       

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

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

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

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

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