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...
by Shannon Simmons | Aug 3, 2021 | Profit First
So you’ve implemented Profit First in your business and are on your way to establishing smarter expense spending habits, financial security, and peace of mind. You’ve determined the target allocation percentages for your five bank accounts—and you’re maintaining the...
by Shannon Simmons | Jul 20, 2021 | Profit First
You’re tired of not having a handle on your money. As an entrepreneur, you know all too well the consequences of poor money management—on you and your business. So you took a leap and set up Profit First, which is a step in the right direction. But you’re still...
by Shannon Simmons | Jun 15, 2021 | Profit First
The best way to identify your Next Vital Need (what to fix next) is to take the assessment. And if the assessment tells you that you need to fix your sales, read on! Unpredictable sales are frustrating, especially when that rollercoaster cycle leads to unpredictable...
by Eric Johnson | May 25, 2021 | Profit First
There are several common Profit First mistake that a business owner can make while implementing the Profit First system into their business. And chief among them: not following the instructions to a “T.” A bit about me: My wife loves it when I cook (which I could do...
by Shannon Simmons | May 4, 2021 | Profit First
It’s no secret that time management is crucial to your success as a business owner. If you find yourself wearing all the hats all the time, you know that you need to bring on new team members. But how do you know when it’s time to bring on your next hire, and how do...
