Cash Flow Management, Profit First, Systems
Have you ever said to yourself, “Man, I would love to implement Profit First, but I honestly have no idea where to start!” 🤷🏼♀️ As an online service-based business, you may have found that the recommendations in the book just didn’t quite fit. This disconnect has...
Cash Flow Management, Profit First, Systems
US dollars, Canadian dollars, Australian dollars, Pound sterling…have you ever wondered how the heck you could ever implement Profit First when you are dealing with different currencies? Don’t lose hope! It is possible for you to successfully use the Profit...
Budgeting, Cash Flow Management, Profit First, Profit for Joy, Profitability, Systems
Have you read Profit First and wondered – what do you do with the profit?🤔 You are not alone! This is one of the most commonly asked questions around here. First, let’s talk about the definition of profit. You might be familiar with this formula: Revenue...
Budgeting, Cash Flow Management, Profit First, Profit for Joy, Profitability, Systems
There are many systems from the past that have stood the test of time and have proven useful even in our modern days. One of those systems is using envelopes to budget your finances. Our grandparents were pretty darn savvy with their money! Quite often they sorted...
Profitability, Systems, Uncategorized
Paying yourself a salary when you are a solopreneur may sound a bit far fetched. You might be thinking to yourself, “I’m not making that much yet” or “that I can take out money from my bank account whenever I want, why complicate it? It simply may be a bit too...