by Shannon Simmons | Aug 15, 2023 | Profit First
In today’s uncertain economy, it’s essential for any business to be prepared for financial downturns. A well-planned, recession-proof strategy can mean the difference between thriving and shutting down when the economy takes a hit, building resilience as so many...
by Shannon Simmons | Aug 1, 2023 | Profit First
You know that Profit First works in your business bookkeeping. Pulling out your profit and owner’s pay from the start has helped ensure that you’re actually getting paid each month. (And thank goodness for that!) But even though you’re pulling a regular paycheck, your...
by Shannon Simmons | Jul 18, 2023 | Profit First
There’s a lot of talk about charging what you’re worth. But when it comes to pricing your services, it’s important to recognize that you can’t put a dollar amount on your worth as a human being. We can’t possibly charge what we’re worth because there’s no...
by Eric Johnson | Jul 11, 2023 | Profit First
Many of us have a rainy day fund for when (not IF) things go south. Your car needs a new transmission, your roof has a leak, a child gets ill. These things happen, and our personal emergency fund is there waiting to save us, or at least minimize the impact. But very...
by Shannon Simmons | Jul 4, 2023 | Owners Pay, Profit, Profit First
If you’re a Profit First business, you get to take profit distributions four times a year. It’s exciting to see the fruits of your efforts and be able to boost your income as the business owner. It’s honestly the best thing about Profit First, that you’re not limited...
by Shannon Simmons | Jun 27, 2023 | Profit First
Have you been wondering how to keep more money from your business in your personal life?If you said yes, you are not alone and accountability is here to help you to achieve your goals. After all, that is the mission of for-profit business owners! As an owner, you want...
