The Green Executive® Team Helps Draw Profit From Your Business!
What is Profit First?
Profit First is a system (and a great book!) from small business finance expert and The Green Executive® partner, Mike Michalowicz.
Profit First is based on the idea that we need to allocate our income and prioritize our profit before paying any of our expenses.
Typically, we take our income, subtract our expenses, and call the leftover profit (if we’re lucky enough to have any).
Income – Expenses = Profit
Mike suggests we flip the script. We take our income, prioritize a percentage for profit, and take whatever’s left and use that to pay our expenses. If there’s not enough, we have too many expenses and need to make cuts. With the right commitment, this system guarantees profit.
Income – Profit = Expenses
When it comes to your numbers – there’s no room for error. A firm grasp on your financials earns you a firm grasp on your business. Without it, you’re simply guessing and hoping for the best. Don’t take any chances – contact the Profit First Professionals at The Green Executive® today for a clearer picture of what’s going on within your business’s financials.
The Green Executive® is your Profit First Implementation specialist. Through a series of financial statement analysis, assessments, weekly, monthly and quarterly meetings, we can help you achieve financial freedom. Let’s together, eradicate entrepreneurial poverty, once and for all!