Profit First clients take a quarterly profit distribution. What are some of the fabulous ways they use those distributions?
This morning I was getting a fire going as it was pretty chilly waking up. Usually my partner, Mark, would be the one to do that, but he is off overseas on a business trip … how exciting that we get to travel again! Anyhoo, I had almost given up as it just wasn’t getting… Continue reading Should I close down my business and go back to working for someone else?
That title is a nod to the brilliant + hilarious Flight of the Conchords, one of my favourite New Zealand-centered shows of all time. But in all seriousness, today is International Women’s Day + I want to take a moment to recognise all of the wonderful women CEOs I have had the pleasure of guiding… Continue reading Celebrating All The Special Ladies of The World
We live in a beautiful little beach community called Mangawhai. Every day I wake up feeling very grateful for living here, except for … the effing climbing asparagus. This weed is the bane of my existence. It may look pretty at first glance, but it spreads, kills the native trees and seedlings, and is incredibly hard… Continue reading Effing Climbing Asparagus + Profit First
When did we start accepting that to be “successful” we need to build bigger and bigger businesses? What if we want to build a business that is a lifestyle business that lasts?
“I can’t implement Profit First until I pay down my debt.”
We hear this objection often. How can I implement Profit First in my business if I have debt? Learn how to tackle this important issue using the Profit First cash flow management methodology.
Growing too quickly or being too conservative can be the death knell of too many small businesses. Reverse-engineer the right size for your business so you don’t burn out and get taken over by the competition.
Fix This Next by Mike Michalowicz lays out a framework for diagnosing the one strategic Vital Need that your business needs to address to move forward in the right direction.
The Economist writes about the predicted “90% economy”. What is it and why is it important?
A sad fact is that 88% of small business owners could actually earn more by doing the same work for someone else. Profit First helps eradicate what we call “entrepreneurial poverty” where the small business owner barely makes a living wage.