Profit First is a cash management system that, when utilized correctly, helps businesses attain their financial goals. The process starts with an assessment, or diagnosis if you will. This system is more than a different way of tracking money, it requires habit changes in order to be successful but the results are life changing to those that commit.
It is based on the book Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz.
I successfully implemented the system in my business years ago and apply the Profit First principles every day. I have seen the positive impact this had had on my clients that have implemented it. If you have struggled with having a profitable business, I recommend you check out this book.
Disclaimer: I am not a Certified Profit First Professional nor affiliated with Profit First Professionals, Mike Michalowicz, or any of his companies. I am just a believer in this system by having successfully implemented it in my business and assisted several service-based clients to implement it as well.
Take the first step:
Order and read the book (or audiobook).