How to Use the Profit First Accounting System from Mike Michalowicz
BY JOEY RAGONA
disclaimer: Strategic Business Academy or Joey Ragona are not certified Profit First Professionals, nor are we associated with Mike Michalowicz. We do not teach the Profit First System.
Created by Mike Michalowicz, the Profit First accounting system completely transforms your business.
In this quick video, you'll discover how the overall profit first system works so you can apply it to your business.
Profit First System
This will get you started. But I highly recommend grabbing Mike's book to learn how the entire system works.
The first thing you do is a profit first instant assessment. It's extremely important. It gives you insights about the health of your business.
After you do the assessment, you will know where to improve your cash flow.
If you've ever had a situation where your business needs more cash flow, or if you are in major debt right now, the profit first system will help you.
It's very simple to set up using free bank accounts.
As always, I source the best stuff and make you aware of it so you can grow your business faster, with more confidence.
If you want to dig into this further you can get the Profit First book here: Profit First
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