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Business & Money - Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Description

Book Synopsis: Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that:
· Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances.
· A small, profitable business can be worth much more than a large business surviving on its top line.
· Businesses that attain early and sustained profitability have a better shot at achieving long-term growth.
With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Details

Are you tired of feeling like your business is a cash-eating monster that never seems to turn a profit? It's time to break free from the doom spiral and start making money with Profit First by Mike Michalowicz. This revolutionary cash management solution provides a simple and counterintuitive approach to accounting that will transform your business. Say goodbye to the traditional formula of Sales - Expenses = Profit. Instead, follow Michalowicz's system of Sales - Profit = Expenses and watch as your business becomes a profitable cash cow.

With Profit First, you'll learn how to simplify your accounting and manage your business more effectively by focusing on bank account balances. By following just four simple principles, you'll have the tools you need to turn your small, profitable business into a valuable asset. Don't fall into the trap of thinking that size matters - a small business that consistently turns a profit is far more valuable than a larger business that relies solely on its top line.

Are you ready to achieve long-term growth and financial success? Start implementing the Profit First system today and see the difference it can make. With real-life case studies, practical advice, and Mike Michalowicz's signature sense of humor, this book provides the game-changing roadmap for entrepreneurs like you to achieve the financial freedom they've always dreamed of.

Don't wait any longer to start making money. Take control of your business and transform it into a money-making machine. Get your hands on Profit First by Mike Michalowicz now and start your journey towards financial success.

Click here to grab your copy today!

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