When you are doing lots of business but not seeing more on the bottom line, ask yourself, are your profits in focus? Then consider converting to Profit First.
A penny saved is a penny earned and every dollar you move to a Vault account is safer from being spent unwisely. Put part of your profit allocation in Vault.
Exigo Business Solutions is the top accounting firm in the Kansas City area. Use our knowledge to gain actionable insights into your budgeting and cash flow.
Could your business have performed better in 2018? Take a look at the Profit First Method if you want to cut costs and maximize your profit in 2019.
Private Practice doctors often find that more and more patients are coming to the door and less and less money is going into the bank. The Profit First method of bookkeeping provides you with a solution to this problem which works.
No one wants their small business to fail or end up in bankruptcy. Protect yours by using the Profit First bookkeeping system.
Don't let Parkinson's Law eat up all your profits. Learn about the Proft First approach to bookkeeping and how the Certified Profit Professionals at Exigo Business can help you put this system into place and help you drive your profits to success.
Learn what the difference is between basic and advanced profit first methods!
In any business, it is important that the bookkeeping is up to date and accurate. And, equally important for the success of a business, the bookkeeping needs to show a clear picture of all cash flow, assets, and liabilities.
There is a bookkeeping method that always allocates money for profit, from the very first transaction. You can grow your small business bottom line first instead of hoping for one with Profit First.
The Profit First bookkeeping system is an innovative way to manage business finances while QuickBooks provides the bookkeeping tools.
Brand new business, fairly new business, or established business. It doesn't matter what phase your business is in, Profit First can and WILL help you form financial habits that force your profit to rise and your business succeed!
When the hidden financial details of your business are dragging down profits, use the Profit First bookkeeping system and get a handle on expenses.
Learn the reasoning behind why Profit First Cash Management System requires a Profit account, Owner's Compensation account, and Tax allocation account as three separate accounts and not combined into one!
Learn about your Profit First Tax account. Why you should still reserve such a high percentage in the tax account even if taxes are deducted out of your pay.
Learn how to chip away at your debt when using the Profit First method. See why its still important to take your profit first even when you have debt to pay off.
Discover which banks are the most flexible in terms of creating multiple accounts without charging fees when using the Profit First method.
Learn how to manage your deposits from total income when working with real revenue in the Profit First method.
Read and understand an example of Real Revenue being used in a business to get a better idea of what it is and why it is so important in the Profit First method.
Learn what Real Revenue is and why your company will benefit when you analyze and base your spending off that number.
People often ask if they are allowed to change the dates of allocation when using the Profit First method. Learn the reason behind the 10/25 rule in Profit First here!
As soon as people hear about the different accounts needed to follow the Profit First Method, they begin to assume it's not worth the time it will take to do the bookkeeping. Let us explain why it is important and TOTALLY worth it.
Learn what accounts are needed when using the Profit First method. Also find out which of those accounts should be a savings and which should be a checking. Set up your accounts now and start maximizing your profits!