profit

“Profit” Isn’t a Dirty Word – Why You Should Master Profit Distribution vs. Owner’s Compensation

 Since writing Profit First, I’ve heard quite a few comments (and eye rolls) over the word, “profit”, itself. This always makes me curious. What’s so bad about making a...

Mastering Profit First: Master Your Percentage Allocations

   At its core, Profit First is all about flipping the script on traditional accounting and prioritizing profit from day one. One of the key pillars of Profit First...

The Profit First Formula Explained

  Man, do I get hassled about  the Profit First formula.  Let me be clear, I do believe following the GAAP (Generally Accepted Accounting  Principles) is important so that when...

The Prosper Group: Explained

   Running your small business can be tricky. Sometimes you're not quite sure if you're company is living up to its potential. If only you could have accounting, expert...

How to Use AI and Automations in Your Business – and Stay Human at the Same Time

 As much as I love automating systems, AI has me taken aback a bit.  Show of hands - Is anyone else giving AI the side eye? I mean. It...

Does Your Recruiting Strategy Create More Profitability?

 Here’s something to check on: Does your recruiting strategy ultimately provide your small business with profitability?  To get the right talent, you need to ensure that you recruit for...

Resetting Business Goals in the New Year – The First Step

This week, my company will hold a quarterly meeting. It usually lasts all day, during which time we discuss our achievements, and challenges Usually, we all come in revved up...

Increase Efficiency – Increase Revenue

 More efficiency equals more revenue. It’s science.  What’s the one thing you can make two times more efficient? I’m finding that when challenges arise, such as the recession we’re...

5 Steps to Increase Your Profits This Month

When a new year or quarter begins, you likely search for (ALL of the) ways to improve your business. While I believe this exercise of recalibration and reinvigorating your business...

Revenue Doesn’t Matter, Business Health Does

Please don't ever again tell me how “big” your business is. I could care less. I don’t get excited about the number of employees you have. You lose my attention...

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