why profit first?
Replace
With
ISN't IT TIME To put your
Profit fiRST
The Profit First Approach puts your business in command of your cashflow and is complimented by solid accounting practices. Profit First is a behaviorally-based cash management technique developed by Mike Michalowicz that treats profit as a budgeting priority.
It's a simple system that reinforces the profit-focused money habits which lead to Permanent, Healthy, Profitable Growth.
Turn your profit into a priority, not a leftover!
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This is the traditional and most widely used model for profit- and ironically, will leave you with less profit (if any at all).
What you need is a model that turns your profit into a priority, not a leftover. You can calculate from the very beginning how much money you want to generate after all expenses are paid out. Humans are not good at keeping leftovers. If there is money leftover, 9.9 times out of 10 you will spend it. And that's what profit is in this model, leftovers. Tempting, spendable leftovers.
By leading your decision-making with how much you want in profit, you naturally find ways to do the same amount of things with less expense.
MR Books Advisory is a Certified Profit First Professional
This is the traditional and most widely used model for profit-
and ironically, will leave you with less profit (if any at all).
Humans are not good at keeping leftovers. If there is money leftover, 9.9 times out of 10 you will spend it. And that's what profit is in this model, leftovers. Tempting, spendable leftovers.
What you need is a model that turns your profit into a priority, not a leftover. You can calculate from the very beginning how much money you want to generate after all expenses are paid out.
By leading your decision-making with how much you want in profit, you naturally find ways to do the same amount of things with less expense.
