by Shannon Simmons | Jan 2, 2024 | Profit First
More systems in your business = less stress and enhance your finances. You’ve already got a solid system for cash flow management if you’re using Profit First. And setting target allocation percentages for each of your accounts is part of a system to help you achieve...
by Shannon Simmons | Dec 27, 2023 | Profit First
The surest way to ensure you have the cash you need for the expenses in your business is by implementing Profit First. It creates the guardrails you need to stop spending what’s in your bank account and start holding some aside for things like owner’s pay, taxes,...
by Shannon Simmons | Dec 19, 2023 | Profit First
Have you set big, lofty financial goals for 2025? And if so, how did you come up with those numbers? Setting financial goals is incredibly helpful so you have something to strive for, but setting the right goals is vital. If they’re not realistic, you’re bound to feel...
by Shannon Simmons | Dec 12, 2023 | Profit First
Managing finances can be as challenging as it is critical, especially in a boutique wellness business. At Fit For Profit, we understand that while you’re dedicated to promoting health and wellness, keeping your business financially healthy is equally important...
by Shannon Simmons | Nov 28, 2023 | Profit First
In the world of wellness businesses, whether it’s a boutique gym, a therapist’s practice, or a dance studio, financial health is as vital as the services offered. As a wellness business owner, you’re passionate about improving the lives of your...
by Shannon Simmons | Nov 14, 2023 | Profit First
In the wellness industry, where the focus is on holistic health and personal growth, the health of your business’s finances can sometimes take a backseat. Yet, financial clarity is as crucial to your business’s wellness as mindful practices are to personal...