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Learn how to make your business permanently profitable with Profit First, a book by Mike Michalowicz that shows you how to create a profit-first culture and a cash-first business. Learn how to adjust your business to your true OpEx and accumulate cash with Profit First, a simple and effective method to eradicate entrepreneurial stress and depression.
The Profit First method makes profit a business’s top priority. Unlike traditional approaches, which focus solely on revenue, Profit First aims to make businesses immediately and permanently profitable.
The Profit First method involves intentionally dividing revenue across different bank accounts, including a profit account. This practice can help business owners create their own profit margin from day one, instead of allowing expenses to grow faster than the business.
Let’s dive into the details so you can learn exactly how Profit First works, how to determine if it’s the right fit for you, and how you can get started with Profit First today.
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