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Business By The Books with Danielle Hayden

EP 62- All Things Profit First

06 Sep 2022

Description

You've heard me talk about the Profit First system before and how taking a profit before paying expenses is important for business owners. At Kickstart Accounting, we help our clients implement Profit First or decide how they can prioritize getting paid as the business owner so profiting becomes a habit.    In today's episode, I'm going over everything you need to know before you implement Profit First into your business including the negatives, positives and variations of Profit First that you can start today.   In this episode, Danielle also discusses:    What is Profit First? 2:09 The 5 bank accounts you need to have 5:05 The right time in your business to implement Profit First 8:30 The main issues we see with business owners implementing Profit First 8:57 The steps you need to take to start making profit a priority in your business 14:02 Why you need to prevent burnout to create more efficiency 19:48 Connect with Danielle: Website | https://www.kickstartaccountinginc.net/ Facebook | https://www.facebook.com/kickstartaccountinginc/ Instagram | https://www.instagram.com/kickstartaccounting  Twitter | https://twitter.com/KickstartAcct   Things Mentioned in Today's Episode:    Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/   Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

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