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Profit First (Paperback) - Mike Michalowicz 978-0735214149

Profit First (Paperback) – Mike Michalowicz 978-0735214149

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula- Sales – Expenses = Profit. The problem is, businesses are run by humans, and humans aren’t always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula- Sales – Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz’s Profit First system, readers will learn that- Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. A small, profitable business can be worth much more than a large business surviving on its top line. Businesses that attain early and sustained profitability have a better shot at achievinglong-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
  • Title: Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
  • Book Format: Hardcover
  • ISBN10: 073521414X
  • EAN: 9780735214149
  • Genre: BUSINESS & ECONOMICS / Small Business
  • Author: Michalowicz, Mike
  • Pre-Owned Condition- Pages can include limited notes and highlighting, and the copy can include ‘From the library of’ labels or previous owner inscriptions. Accessories such as CD, codes, toys, may not be included.
Original price was: $13.79.Current price is: $11.72.
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Description

Revolutionize Your Business Finances

If you’ve ever wondered how to turn your small business into a profit-generating machine, ‘Profit First’ by Mike Michalowicz is the game-changing guide you need. This paperback edition is designed to simplify accounting principles, helping entrepreneurs of all kinds make smarter financial decisions and prioritize profitability above all else. Michalowicz’s approach flips the traditional budgeting system on its head, ensuring your profits come first—always.

What You’ll Learn from the Book

This book introduces a simple yet transformative methodology that works for businesses of all sizes. By implementing Michalowicz’s profit-first framework, you’ll learn how to:

  • Redistribute your revenue for consistent profits.
  • Conquer cash flow management without complex formulas.
  • Break the cycle of operational expenses eating away at growth potential.
  • Achieve long-term financial sustainability regardless of market conditions.

‘Profit First’ is packed with real-world examples, actionable steps, and strategies that can turn even struggling companies into thriving organizations. Ideal for entrepreneurs, startups, and established companies alike.

Why This Book Matters

Overwhelming financial management is a critical issue for many business owners, but Mike Michalowicz provides practical, jargon-free insights that are easy to follow. The book emphasizes the importance of profit as the backbone of your business’s success and breaks down the overwhelming financial process into manageable steps. Whether you’re looking to stabilize your business finances or scale your company confidently, ‘Profit First’ delivers achievable solutions that work.

With its relatable tone and approachable advice, the paperback makes complex concepts accessible. Each chapter serves to align you with the mindset of prioritizing profit every step of the way.

Don’t let your business’s finances run you—take control today with this indispensable guide. Order your copy of ‘Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine’ today and start building a sustainable future for your company.

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