by Eric Johnson | Oct 12, 2021 | Profit First, Taxes
While income tax filings have an annual deadline, the management of your taxes is ongoing, especially as business owners. The key to managing your taxes is Proactive Tax Planning. This can mean many things to business owners, depending on the size and complexity...
by Shannon Simmons | Sep 14, 2021 | Profit First
As a bookkeeper, I’m always taking the pulse of a business to help assess and improve its financial health—ultimately, so that the humans behind it can have all they want out of life. I talk about money a lot because it’s—no pun intended—the currency I deal in. But it...
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...