Articles
What to Do in a Year-End CEO Planning Session
Holding a year-end CEO planning session is exciting. So many possibilities for the new year! Learn some of the tasks to do during your session.
How to Use Your Money for Good
However you decide to give back, it is possible to use your money for good. And that looks different for everyone. No one way is right or wrong, and you can decide how giving back looks for you and your business.
How to Make Your Gym More Profitable
Being profitable doesn’t mean that your revenue is at a high. Find out what being profitable really means and how you can reach it too.
Creating an Annual Financial Action Plan
So what needs to happen to create a financial plan for your small business? It’s about knowing what you need to do, when you need to do it, and having the accountability to make sure it happens.
When Your Profit Distribution “Isn’t Enough”
One of the best things about using the Profit First system is profit distribution time. Being the owner of the company, you get to take a profit once a quarter and use it as you wish.
But sometimes, we hear from clients that they’re not making enough profit, or that they want (or need) to be able to take more in profits every quarter.
When to Start Your Profit First Journey
And so, when I hear people talk about starting to work the Profit First system and they decide to wait until January 1 or next quarter or whenever, I want to shout at them that NOW is actually the best time to start.
Who is on Your Business Money Team?
No matter how long you’ve been in business, it’s time to pull together your team now or revisit the individuals who are supporting you.
Planning for Quarterly Tax Payments
This is by far, the simplest system to making sure you always have enough in reserves to cover your income tax liability, no matter how much or how little you earn.
Use Your Summer Slow-Down Wisely
Prep your wellness business for the summer slow-down and turn off the stress that comes from lower revenue months. You’ll be ready for any slowdown!
How to Get Closer to Retirement
Are you on track for retirement or do you have to make a change, maybe a serious change, to how retirement is going to look?
It’s Time to Audit Your Expenses
This is a guest blog post from Howard Polansky of Cash Flow Coach. While it’s important to raise your prices as you go because your value and...
How to Manage Tax Season as a Business Owner
Tax law is constantly changing. How do you estimate your business’s taxes? Profit First in your business will help you finally feel secure about your taxes.