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Business Finance Program <br /> Final Term Sheet-November 9, 2022 <br /> Note on using the ProAdvisor License:The Proadvisor has access to QuickBooks through an Accountant's <br /> version of the licenses.This also allows them to provide trainees with their own Accountants'version <br /> and allows for the supervision of their work.This also facilitates the Proadvisor to provide licenses to the <br /> businesses in a way that the Proadvisor can pay for all of the licenses and again facilitates the <br /> supervision of the clean up and monthly bookkeeping.The businesses would be required to start paying <br /> for their own license at the end of the program. <br /> ProAdvisor Instructor pay for the 8-week class for the trainees $5,000 <br /> ProAdvisor Instructor pay for additional instructions for trainees who did $1,000 <br /> not pass the certification test on the first try <br /> Use of the Instructor's Pro-advisor license by the trainees $1,000 <br /> Business resources as needed (interpreters, printing)—reimbursed per Up to$5,000 <br /> paid receipts <br /> Total cost for Bookkeeper Training and Certification Up to$12,000 <br /> BUSINESS OWNER TRAINING <br /> Over one year each quarter,the ProAdvisor will provide an 8-hour class, usually over 2 weeks,to 8 to 10 <br /> local business owners.This is an "Introduction to QuickBooks Online"class that will help them <br /> understand how to use the product and how to integrate it into their own business. Each business <br /> owner will be matched with a Bookkeeper trainee who will help them set up their QuickBooks account <br /> and will work with them for a year to make sure their data is correct and reconciled on a monthly or <br /> quarterly basis.This work will be supervised by the ProAdvisor instructor from the training class. Each <br /> business will also receive: <br /> • 1 year of QuickBooks Online.This will be provided through the Pro Advisor's license.This <br /> will be at the level that works best for the business. <br /> • 3 hours of consultation with the Pro-Advisor at the end of their year in this program to help <br /> them transition out of the program. <br /> ProAdvisor Instructor pay for the 8 hour Training Class $100 per business <br /> ProAdvisor End of Year 3 Hour Consultation $225 per business <br /> ProAdvisor Trainee Supervision for 1 Year at$90/hour Up to$1,080 per <br /> business <br /> Quickbooks for 1 Year—reimbursed per paid receipts Est. $600 per business <br /> Page 2 of 3 <br />