Profit First

Tired of never having enough money to pay the bills and losing sleep worrying about your company’s finances?

Put more money in YOUR pocket and realize YOUR goals and dreams!

Profit First Introduction Workshop
Every Third Thursday

Profit First Introduction
FREE Workshop

Take control of your financial future!

Every Third Thursday of the Month (When in session)

This course will teach you, step by step, how to implement the Profit First system and make your business profitable starting TODAY!

FREE!

GET INFO

What is Profit First?

The Basics of Profit First

The GAAP (Generally Accepted Accounting Principles) formula for determining a business’s profit is Sales – Expenses = Profit. Unfortunately, in this formula, profit is a left over, a final consideration, something that is hopefully a nice surprise at the end of the year. Alas, profit is rarely there for small business owners. Which is why, in Profit First, we change the formula to:

Sales-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.

Profit First leverages your habits to create more profit in your business. It uses Parkinson’s Law and Bank Balance Accounting principles to manage your cash flow in such a way that controls your spending and sets aside money for profit and other obligations.

The Profit First Song

was co-written by Bill Litster and other Profit First professionals and included in the new Profit First Audiobook, now available.

Listen to The Profit First Song

BUY THE AUDIOBOOK

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Profit First allocates money to different accounts (the profit account first) on a regular schedule. This way you can see the actual portion of income that is available to use for expenses and your profit account is constantly growing.

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Profit First removes the temptation to borrow/steal from yourself by removing your profit, owner’s pay, etc. from your operating account.

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Profit First helps you automatically adjust your spending to fit your new operating account balance, all while growing your profit, tax savings, and owner’s pay!

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Profit First creates a fiscally strong business in which you benefit from regular profit distributions and effective cash flow.

REGISTER for the Workshop

Watch this 2-minute video to learn how Profit First works!

First two chapters of Profit First (free)

Certified Profit First Professionals

Better Biz Info has achieved Mastery-level certification in Profit First coaching. Watch what Mike Michalowicz, author of Profit First, says about us and about Profit First!

LEARN 5 WAYS TO INCREASE PROFITS

Sick of never having any profit leftover at the end of the month? Sign up for our newsletter to receive our "5 Ways to Increase Profits" worksheet that gives actionable strategies for increasing your profits immediately, along with a way you can customize them for your business!