Profit First with Debt: How to Pay Yourself and Still Pay It Down
Can I Still Use Profit First If I Have Debt? If you’ve ever asked yourself, “Can I do Profit First with debt?” — the answer is yes. Profit First may
Can I Still Use Profit First If I Have Debt? If you’ve ever asked yourself, “Can I do Profit First with debt?” — the answer is yes. Profit First may
If you’re wondering how often to move your money using the Profit First method, you’re not alone. Setting the right Profit First allocation schedule can make or break your consistency—and
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