Category Archives for Financial Controls
Are You Taking Profit First?
Profitable. Debt-free. Thriving. These are the words every CEO and business owner dreams of using to describe their company. Most small businesses will struggle for years, though, if they don’t know how to effectively manage their finances.Enter Profit FirstMike Michalowicz, the best-selling author, and creator of Profit First take ideas from making healthy lifestyle changes and applies […]
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Can Your Virtual COO Also Be Your CFO?
Today’s guest post is contributed by Jillian Verdun, Master Profit First strategist. Jillian will share with you why your Virtual COO should not also be your CFO? If it takes a village to raise a child, then couldn’t the same be said for running a business? Absolutely! Just like raising a child, each person in a company’s […]
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Online Business Managers Provide a High Return on Investment
Welcome to today’s blog post, Online Business Managers provide a High Return on Investment. Many business owners know they need help and will decide to hire an online business manager. Often, they think they can find a good Online Business Manager for a minimal investment on freelancers’ websites or virtual employment agencies.Hiring an Online Business Manager […]
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Do You Want to Have a Handle on Your Business Numbers without Being Buried in the Nitty-Gritty?
As Mike Michalowicz noted in his book, Profit First, creating a business from nothing but a great idea, your unique talents, and whatever resources you have on hand can certainly be called a miracle. And it feels like one, too, until the day you realize your business has become a giant, scary, soul-sucking, cash-eating monster.The ChallengesFor […]
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First, Take Your Profit!
Do you take your profit first in your business? How would you like to take your business to greater levels of profitability while taking a consistent monthly salary from your business? Who wouldn’t?I follow the guidelines of the Profit First method in my own business. Also, as one of the first steps in setting up financial […]
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