For Integrators

How do I own the P&L?

"P&L results" is one of the five roles on your seat. Owning it does not mean doing the accounting. It means these five things happen every month.

1
Step 1 of 5

Know your numbers

Learn five numbers, not five hundred.

You do not need to read every line. You need to know these five from last month without looking.

RevenueWhat came in
Gross marginWhat is left after the cost of doing the work
OverheadWhat it costs to run the place
EBITDAWhat the business really earned
Two biggest costsWhere most of the money goes
2
Step 2 of 5

Give every line an owner

You own the whole. Your team owns the parts.

Each big line on the P&L gets a seat on the Accountability Chart and one Scorecard number that moves it.

P&L lineOwnerScorecard number
RevenueSales & Marketing[proposals sent per week]
Cost of goodsOperations[labor hours per job]
OverheadEach leader, their part[overhead % of revenue]
EBITDAIntegrator[EBITDA vs. plan]
3
Step 3 of 5

Review it every month

Same three dates. Every month.

Pick the dates once and keep them. If the P&L arrives after day 15, fix that first.

Day 10

Books closed, P&L delivered

Finance Seat
Day 12

You read it and flag what is off plan

Integrator
Day 15

45-minute P&L meeting with line owners

Integrator and leadership team
The day 15 meeting: a MAP Review
Three questions, in order.
MMeasure

Where did we land?

Put last month's actuals next to the plan and find the variance.
AAdjust

What do we change?

Talk through the flagged lines. Anything not solved in the room goes on the L10 Issues List.
PPredict

Where will we finish?

Roll this month into the forecast. Are we still on track for the year?

How to find variance against the plan

Put the plan next to the actual. Subtract. Anything off by more than your trigger gets a flag. In this example the trigger is 5%.

P&L linePlanActualVariance%Flag
Revenue$520,000$500,000−$20,000−3.8%
Cost of goods$302,000$315,000+$13,000+4.3%
Gross profit$218,000$185,000−$33,000−15.1%Discuss
Overhead$160,000$158,000−$2,000−1.3%
EBITDA$58,000$27,000−$31,000−53.4%Discuss
Variance = Actual minus Plan% = Variance divided by PlanFor costs, a positive number means you spent more than planned.
Put it on Cash Flow Mountain

One picture the whole team can read.

A spreadsheet tells you a number is off. The mountain shows everyone where the money went and whose seat owns it. Put it on the screen at the day 15 meeting. Click the Integrator seat to light up your whole stretch, or take the tour.

1Line up the Scorecard with the V/TO

Every 1-Year Plan goal lives somewhere on the mountain. Every Scorecard number should feed one of those spots. If a measurable feeds nothing, question it. If a goal has no measurable, add one.

V/TO GOALRevenue: [$6.2M]
ON THE MOUNTAINTopline Pump House
SCORECARD · SALES[Proposals sent per week]
V/TO GOALGross margin: [42%]
ON THE MOUNTAINMargin Stream
SCORECARD · OPS[Labor hours per job]
V/TO GOALProfit: [$700K]
ON THE MOUNTAINEBITDA Pond
SCORECARD · INTEGRATOR[EBITDA vs. plan]

2Get the whole team on the same page

Each leader finds their part of the mountain. Sales watches the top, where money comes in. Operations watches the middle, where the work gets paid for. When the margin drops, nobody has to decode a report. The team can see the water leaving at COGS Creek and knows who brings that Issue to the L10.

Open Cash Flow Mountain in a new tab →
4
Step 4 of 5

Turn misses into Issues

A miss is not a failure. It is an Issue.

Set one rule: any line off plan by [your amount or %] goes on the L10 Issues List. The line owner brings it. The team solves it.

Day 15 review
Gross margin: plan 42%, actual 37%
Next L10 Issues List
Margin down 5 points · Owner: Operations
5
Step 5 of 5

Look ahead each quarter

Bring the 90-day picture to every Quarterly.

Before the Quarterly, build a Quarterly Snapshot. Put three things side by side: what you committed to last quarter, what actually happened and what you will commit to next. The team sets Rocks with the real numbers in front of them.

Quarterly Snapshot
The Last 90 vs The Next 90
RevenueEBITDA inside itDashed = a commitment
Target vs actual · look back

What caused us to be below target?

Revenue ▼ 2.6% · EBITDA ▼ $46K · margin 8.4%
Actual vs plan · look ahead

What will lead to this new growth, and what is causing the margin increase?

Revenue ▲ 5.3% · EBITDA ▲ $32K · margin 10.0%

The next 90 days should be a step toward the 1-Year Plan. The Snapshot carries the same picture out to 1, 3 and 10 years, so the team can see how this quarter's commitment adds up to the V/TO.

BUILD YOUR QUARTERLY SNAPSHOT →
Quick check

Which of these are true for you today?

The P&L is a plan, not a report card.

When every line has an owner and the month has a rhythm, the numbers stop surprising you. They start paying for the life the owner and the team actually want.

TAKE THE FINANCE SEAT CHECKUP