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...
by Eric Johnson | Apr 27, 2021 | Profit First, Taxes
Projecting your tax liability can be very tricky. First, the tax law is constantly changing, which can cause your tax liability to change, even if all other factors remain the same. Also, the final tax bill that business owners receive often includes income from...
by Shannon Simmons | Apr 20, 2021 | Profit First
Do you need help managing your growing business? Or are you just tired of staring at QuickBooks? Regardless of your motivation, finding a bookkeeper is a significant first step toward freeing up your time and streamlining your financials. But finding the perfect...
by Shannon Simmons | Apr 13, 2021 | Income, Profit First
As I write this, the latest round of COVID-19 related stimulus checks are starting to hit bank accounts. People and businesses are hurting, and some relief is welcome. My purpose here is not to debate the merits, the methods, or the size and scope of the bill that...
by Shannon Simmons | Apr 6, 2021 | Owners Pay, Profit First
You did it. You put profit first in your business. You’ve been able to pay yourself and successfully grow your business. Your sales are increasing, but so are your expenses. But how do you know when the time is right to adjust your owner’s pay percentage? The...
