profit

Ask any entrepreneur the biggest problem they have in their business and inevitably boil down to profitability. The common responses to the biggest problem question are: We need more sales!...

Every entrepreneur stumbles sooner or later with the question of what they should be paying themselves. It is a fair question and one that you shouldn’t ask without doing a...

The formula for profitability has been established for ages. Every business owner, CEO, freelancer and entrepreneur knows it. It is even supported - scratch that, required - by Generally Accepted...

The GAAP formula has been around for ever: Sales - Expenses = Profit. Too bad its wrong. The formula rarely results in profit, and by using this formula most entrepreneurs...

My newest book, Profit First, shares a money management system that leverages human behavior. Traditional accounting is logic based. It makes sense, logically. But us humans aren’t logical beasts, we...

Tax season always seemed a little bit like Christmas morning to me. Not! I hated the tax season surprises. Additional taxes due. Surprise. No refund. Surprise. And the worst of...

Not All Revenue Is The Same Every dollar your company makes isn't the same.  Sometimes the dollar you earn cost you seventy five cents to make.  Other times it costs...

When we focus on the top line, any sale is a good sale. Any paying client is a good client. Anything that makes money is everything we want. Top line...

The formula is simple. You fix your bottom line by increasing revenue or cutting costs or both. Yet, most entrepreneurs put all their efforts on the sell side only. They...