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Start the new year off strong with Profit First
Manage episode 319899130 series 3314227
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The start of a new year is the perfect time to implement the Profit First cash management method in your business. Not sure how to get started? We're sharing first steps and common mistakes to avoid this week. Join us and start your year off strong.
Topics we cover in this episode include:
- Why the start of a new year is an ideal time to implement Profit First
- The best way to fast-track implementation and make sure it's done right
- The biggest hurdles people face when implementing and how to get past them
- Common questions about Profit First including around owner's comp, payroll, and the tax account
- How to adjust your percentages based on changes in revenue and overhead
- Lifestyle congruence and how to use it to set meaningful revenue goals
LINKS
Visit the episode page at https://contractorsuccessforum.com/newyear for more details and a transcript of the show.
Find all episodes and related links at ContractorSuccessForum.com.
Join the LinkedIn Group at https://www.linkedin.com/groups/14026881/
FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!
Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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