How long is the program?

The Permanent Profitability Program is a 8-week long program. There are 6 live Zoom classes lasting 60-90 minutes, and 3 private coaching sessions in between classes to customize Profit First for you unique needs with a Certified Profit First Professional. 

For a course outline, click here.

Each week, you will join a 60-90 minute Zoom call with Bill (your instructor), and a few other business owners. In between sessions, you will have scheduled one-on-one coaching sessions with Bill to assist you in customizing the system for your specific business needs.

After the course is over, you will have increased profit in your business, and will be on a path to permanent proftiabilty and acheiving your business and personal goals!

For a course overview, click here. 

After the program ends, you will be on a path of permanent profitability! You will have taken more profit, cut expenses, and will understand your financial position better. You will have all the resources you need to continue the Profit First method on your own.

However, we also offer services to continue helping you with the implementation of the program’s strategies, and the regular upkeep of your business.

To see what services we typically offer, check out our Services page!

We are currently in the pilot of this program. Our next session begins at the end of June. Please contact us for more information about session dates.

(816) 500-5779

info@betterbizinfo.com

The total cost of the program is will be paid in two installments. 

The first payment is a downpayment to reserve your seat, and the second is the remaining balancce to be paid within one week of program start. 

The down-payment is fully refundable until one week before program start.

Please contact us for more information about program pricing, or fill out an interest form and we will get back to you. 

After each session, we send out an email with an overview of what we went over that day and the strategies we learned, along with what you can do to implement those strategies in your business. If you miss a session, you can receive a recording of the class. However, we cannot stress enough how important it is to attend each class in person. 

These overviews are copyrighted and may not be shared with anyone outside the program.

This course is for you if…

• you are a small business owner
• you are frustrated with your finances
• you wonder why you never have any money leftover
• you want to grow profits in your business
• you want to understand your cash flow better and learn actionable and effective strategies to manage it
• you want to know where your business is actually at and where it is going
• you have an open mind and are ready to make changes to help the financial health of your company
• you can commit 60 minutes a week to attend a Zoom call to learn new strategies

See this video from Bill to learn what kind of business is best for Profit First.

Our strategy (Profit First) works with any business in any industry. It is able to be customized to fit the unique needs of your company, but is guaranteed to bring more profit and financial peace of mind!

Check out this video from Bill to learn why the Profit First system works for any business! 

This program is for business owners who experience the following problems: 

• Your business is chronically short on cash
• You don’t take a paycheck from the business and even pour your personal money into it 
• You have tax bills but no money to pay for them 
• You are making sales but they aren’t reflected in your bank account 
• You have debt 
• You never have any/enough cash in the bank and often have bills you cannot afford to pay 

This program is for business owners who experience the following problems: 

• Your business is chronically short on cash
• You don’t take a paycheck from the business and even pour your personal money into it 
• You have tax bills but no money to pay for them 
• You are making sales but they aren’t reflected in your bank account 
• You have debt 
• You never have any/enough cash in the bank and often have bills you cannot afford to pay 

After this program, you and your company will…

• Have more profit
• Have less expenses
• Know where your company is at and have a plan for where it’s going
• Have less debt
• Have an effective cash flow management system that grows profit and your business
• Be able to make more informed financial decisions about your business 
• Have an automated system to manage finances in your business
• Be better prepared for uncertain times
• Have less stress about your business!

Check out this testimonial from one of our clients who has implemented Profit First in her business with phenomenal results! 

Profit First flips the GAAP formula so that Revenue-Profit=Expenses. Logically the math is the same, but from the standpoint of the entrepreneur’s behavior it is radically different. With Profit First, you take a predetermined percentage of profit from every sale first, and only the remainder is available for expenses. By taking profit first, the money available for expenses lessens, and we are forced to find ways to get the same things done for less money. Your profit grows, and your expenses decrease.

See our Profit First Overview for more detail. You can also check out this video giving the basics of Profit First.

Profit First sets up an automated cash management system. After doing a Profit Assessment of your business and income, you (and Bill) will determine how much of your income should go into different accounts (Profit, Tax, Owner’s Comp, OPEX, Debt, etc.). You create a set percentage for each account and then every two weeks (or however often you choose based on the needs of your business), you do your allocations. Which means you transfer that set percentage from your Income Account to each other account.

This way, the system is automated and you know exactly how much you have in each account. Importantly, you know exactly how much money you have in your Operating Account to get you through to your next allocation date, and you can make adjustments accordingly.

No longer are you guessing at how much money you have–you know and, more importantly, you’ve set aside money for every other obligation as well as rewarding yourself with Profit!

It is recommended that in your personal life, whenever you get paid, you should set aside 10 or 20% into savings. This way, you are able to have money set aside for personal things, emergencies, or whatever else comes up. We believe that it should be the same philosophy with business!

Rather than waiting until you’ve paid all your expenses and hoping there’s something left over, you are taking the initiative to prepare for the future first.

Because you are setting money aside for Profit, Taxes, Debt, etc. you are preparing your business to be able to survive any uncertainty it will certainly face. You are taking control of your cash flow rather than letting it control you.

With Profit First, you will learn to cut down on operating expenses, stay ahead of taxes, and effectively eliminate debt, making more room to take more Profit. It is a system that guarantees permanent profitability, creating a more successful business, and bringing you financial clarity and peace of mind. 

Bill Litster is one of the few nationwide who has achieved Mastery level certification as a Profit First Professional. With more than 25 years of accounting, consulting, and financial experience, he has discovered the secrets to a financially successful business, and wants to share them with other business owners.

As an owner, CFO, CEO, and President of several small business, he knows what it’s like to never have any profit leftover and to lose sleep over the state of your business. His knowledge and experience qualify him to guide you to financial freedom and peace of mind, like you deserve!

Bill has worked in the business and finance world for more than 25 years. As an Owner, CEO, CFO, and consultant to dozens of different businesses in varying industries, he knows what makes a business thrive, and what makes it fail. He will use his experience, expertise, and training to teach you how to create a permanently profitable business! 

Yes! Profit First (the primary strategy taught in this course) creates an account we call the “Debt Killer” account. We help you put into place a system that effectively destroys debt faster and more effectively. 

Yes! We offer one-on-one financial consuting services in which we work with you privately to clean up your books and set up Profit First to set your business on a path to permanent profitability. We also offer virtual CFO services, Quickbooks Support, and Bookkeeping/Accounting services. See our Services page for more information, or schedule a free call with Bill to learn more about what we can do for you and your business.