Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Author: Mike Michalowicz

Year: 2017

Language: English

Description: Profit First presents a revolutionary approach to small business accounting that prioritizes profitability. Mike Michalowicz introduces a cash management system where businesses allocate profit as the first expense, ensuring long-term sustainability and financial health. With practical advice and real-world examples, the book outlines actionable steps to restructure finances, reduce unnecessary expenses, and create a thriving business that works for its owner, not the other way around. It is designed to help entrepreneurs take control of their finances and build a business that consistently delivers profits.