by Shannon Simmons | Oct 17, 2023 | Profit First
At Fit For Profit, our mission is to support businesses, especially those in the wellness sector, in achieving financial success through intelligent money management. Your wellness business started as a dream, and to see that dream crumble due to avoidable financial...
by Shannon Simmons | Oct 10, 2023 | 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 3, 2023 | Profit First
It seems like it was just yesterday that we couldn’t wait to put 2023 behind us. And then it was hard to know what to expect from the years that followed But things are generally looking up for the fitness and wellness industry. As consumers come out of isolation,...
by Shannon Simmons | Sep 26, 2023 | Owners Pay, Profit
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...
by Shannon Simmons | Sep 12, 2023 | Profit First
Running a wellness business—whether it’s a boutique gym, therapy practice, dance studio, karate school, or something else entirely—isn’t just about delivering top-notch services. It’s also about managing the financial health and back-end of your...
