by Shannon Simmons | Aug 29, 2023 | OpEx, Profit First
Bringing on new employees is an exciting part of business growth. But if you haven’t done it before, or even if you have, it may be daunting to think about taking on the added responsibility. Can you afford the expense of a new hire? How do you navigate the...
by Shannon Simmons | Nov 30, 2021 | Business Tips, Income, OpEx, Profit, Profit First, Sales
Did your business promote a Black Friday deal this year? If so, now’s the time to set up a Drip account within your Profit First system—before you spend the revenue that you made. What’s a Drip account? It’s an account you create to help you manage the cash flow when...
by Shannon Simmons | Oct 5, 2021 | OpEx, Profit First, Taxes
When a client tells me they’re finding “extra” money in their Profit First accounts, I get excited for them, but also a little concerned.Excited because more money in their accounts usually means their revenue has increased. Business is probably going well. Concerned...
by Eric Johnson | Aug 10, 2021 | OpEx, Profit, Profit First
Who doesn’t want a more profitable business? We’re in business to help people, sure, but we’re also here to make a living. And if we want to make a good living with a business, we need to be profitable. Generally, there are two ways to increase your profit: Increase...
