Here’s the truth: The #1 Profit First mistake visionaries make is copying someone else’s percentages instead of creating their own. This method works best when it’s personalized, not duplicated. If
Real Revenue in Profit First: What You Need to Know Most business owners look at income and think, “This is what I made.” However, to truly understand your finances, you
If you’re applying Profit First and there’s not enough left for Owner’s Pay, you’re not alone. This is one of the most common frustrations I hear from entrepreneurs — especially
The “right” Profit First percentages depend on your business size, structure, and season. Start by identifying your real revenue and use the TAPs (Target Allocation Percentages) as a guide, then
If you’re wondering whether Profit First is too rigid, you’re not alone. However, the truth is that it’s a flexible system that can—and should—be adjusted to suit your specific business
The Profit First method uses five core bank accounts to help you manage cash, pay yourself first, and stay profitable: Income · Profit · Owner’s Pay · Taxes · Operating
The Profit First method is a smart way for small business owners to manage money. Instead of hoping there’s Profit left over at the end of the month, this method
Wondering how much you should pay yourself as a business owner? You’re not alone. Figuring out the right paycheck can feel like navigating a foggy road with no map. Should