Blogs

Stay Informed with Expert Insights

Profit First Accounting aims to inspire accountants, small business owners, entrepreneurs and all those who want to get the most out of financial management and money. Check out our latest blogs covering Profit First, Accounting, Bookkeeping and more.

Beauty salon owner managing finances

Profit First for Salons

Are you a salon owner seeking financial freedom and prosperity? Discover how Profit First can transform your beauty salon business. Say goodbye to cash flow crises, hello to profits, and confidently make sound business decisions. Learn how to set up multiple bank accounts for Profit First, calculate Target Allocation Percentages (TAPs), and gain financial clarity. As a certified Mastery level Profit First Professional, Profit First Accounting is here to guide you toward success. Book a discovery call today and experience the benefits of financial clarity for yourself.

Business Growth and Capital Raising

Raising Capital with Profit First​

To distribute the capital, you can allocate a percentage of the capital account to either operating expenses or another necessary bank account, separate from your regular Profit First distributions. It is recommended to distribute the allocated percentage fortnightly or during quarterly profit distributions.

A stack of coins symbolizing debt reduction with a Profit First logo on top.

Using Profit First to Tackle Debt

Discover how Profit First’s innovative money management technique can help your business tackle debt, reduce financial stress, and prioritize profits over expenses. Learn about the strategic approach of The Debt Snowball and how it guarantees a constant reduction in debt. Get started with Profit First today and create a sustainable path to financial stability and growth.

Illustration depicting how Profit First works

How Does Profit First Work?

Learn how Profit First revolutionizes business finances, prioritizes profits over expenses, and enables sustainable growth. Discover Profit First percentages, proactive money management, and the power of allocating funds for specific purposes. Take control of your business’s financial future with Profit First.

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Profit First Accounting Logo - A professional logo representing Profit First Accounting services.

Learn To Pay Yourself and Make Profit From Day 1!​​

4.8 Rating

Building a profitable business is not an overnight success;

it’s a journey of consistent efforts and strategic financial management. In the world of entrepreneurship, profit isn’t just a destination; it’s a perpetual path.

-Mike Michalowicz

Building a profitable business is not an overnight success;

it’s a journey of consistent efforts and strategic financial management. In the world of entrepreneurship, profit isn’t just a destination; it’s a perpetual path.

-Mike Michalowicz

Sign Up to Our Mailing List