Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
Mike Michalowiczamazon.com
Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
There’s a lot of profit to be had by being more proactive.
Dan Kennedy • No B.S. Ruthless Management of People and Profits: No Holds Barred, Kick Butt, Take-No-Prisoners Guide to Really Getting Rich
Simple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential
amazon.com
- Serve Sequentially – Always, always move money to your Profit Account first, then to your Owner Pay Account and then to your Tax Account, with what remains to expenses. Always in that order. No exceptions. Move it, stash it and let it accumulate. And if there isn’t enough money left for expenses? This does not mean you need to pull from the other a
Mike Michalowicz • Profit First: A Simple System To Transform Any Business From A Cash-Eating Monster To A Money-Making Machine
- Use Small Plates – When money comes into your main operating account, immediately disperse it into different accounts in predetermined percentages. Each of these accounts has a different objective: one is for profit, one for owner pay, another for taxes and another for operating expenses. These are the four basic accounts and where you should get s