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How to Profit First Your Way to Team Growth

How to Profit First Your Way to Team Growth

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...
Your Black Friday Deal Probably Needs a Drip Account

Your Black Friday Deal Probably Needs a Drip Account

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...
Having A Plan For That “Extra” Money in Your Profit First Accounts

Having A Plan For That “Extra” Money in Your Profit First Accounts

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...
Analyze Your Expenses and Increase Your Profits

Analyze Your Expenses and Increase Your Profits

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...

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  • It’s Time for a Summer Account Review
  • Using Profit First in Your Personal Expenses
  • Good Uses vs. Bad Uses of Debt: Knowing the Difference
  • Charging Fairly for Your Valuable Services
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