Profit First Methodology

Profit First Methodology

Top Accounting Firm in the Kansas City Area

by
Ronald B. Allen
|
January 5, 2019

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.

Profit First Methodology

Maximize Your Profit in 2019

by
Ronald B. Allen
|
January 4, 2019

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.

Profit First Methodology

Helping tired doctors run a healthcare practice

by
Ronald B. Allen
|
November 27, 2018

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.

Profit First Methodology

Taking Profit First Will Help You Avoid Business Failure and Bankruptcy

by
Ronald B. Allen
|
November 2, 2018

No one wants their small business to fail or end up in bankruptcy. Protect yours by using the Profit First bookkeeping system.

Profit First Methodology

Use Bookkeeping to Inform Your Business Decisions

by
Ronald B. Allen
|
October 29, 2018

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.

Profit First Methodology

Basic and Advanced Profit First - the Difference.

by
Ronald B. Allen
|
September 18, 2018

Learn what the difference is between basic and advanced profit first methods!

Profit First Methodology

Use Bookkeeping to Drive Your Business Decisions

by
Ronald B. Allen
|
September 17, 2018

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.

Profit First Methodology

Grow Your Small Business Bottom Line First

by
Ronald B. Allen
|
September 12, 2018

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.

Profit First Methodology

Use QuickBooks to Budget and Take Profit First!

by
Ronald B. Allen
|
September 12, 2018

The Profit First bookkeeping system is an innovative way to manage business finances while QuickBooks provides the bookkeeping tools.

Profit First Methodology

When To Implement Profit First in a New Startup

by
Ronald B. Allen
|
September 7, 2018

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!

Profit First Methodology

Make Smart Decisions by Taking Your Profit First

by
Ronald B. Allen
|
September 6, 2018

When the hidden financial details of your business are dragging down profits, use the Profit First bookkeeping system and get a handle on expenses.

Profit First Methodology

Profit, Owner's Compensation, & Tax Allocation

by
Ronald B. Allen
|
August 15, 2018

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!

Profit First Methodology

What To Know About Your Profit First Tax Account

by
|
August 13, 2018

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.

Profit First Methodology

Pay off multiple loans using the Profit First method

by
Ronald B. Allen
|
August 9, 2018

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.

Profit First Methodology

The Best Bank for your Profit First Accounts

by
Ronald B. Allen
|
August 8, 2018

Discover which banks are the most flexible in terms of creating multiple accounts without charging fees when using the Profit First method.

Profit First Methodology

Profit First: Managing Deposits from Total Income

by
Ronald B. Allen
|
August 7, 2018

Learn how to manage your deposits from total income when working with real revenue in the Profit First method.

Profit First Methodology

Profit First: Example of a Business that should determine Real Revenue

by
Ronald B. Allen
|
August 1, 2018

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.

Profit First Methodology

Profit First: What Does "Real Revenue" Mean?

by
Ronald B. Allen
|
July 30, 2018

Learn what Real Revenue is and why your company will benefit when you analyze and base your spending off that number.

Profit First Methodology

Profit First: 10/25 Allocations

by
Ronald B. Allen
|
July 20, 2018

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!

Profit First Methodology

Is Profit First Really Worth the Effort?

by
Ronald B. Allen
|
July 18, 2018

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.

Profit First Methodology

Should Your Accounts be Checking or Savings?

by
Ronald B. Allen
|
July 3, 2018

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!