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.
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.
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.
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.
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.
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.
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.
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.
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!
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?
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...
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.