PROFIT FIRST: Transform your Business from a Cash-Eating Monster to a Money-Making Machine
by Mike Michalowicz
At least 50% of businesses fail in the first 5 years, and many continue to burn cash, accumulate debts or hover on the brink of collapse. Without money, you can’t deliver your solutions, spread your message, create an impact or gain your financial freedom. Profit First presents a different approach to business and accounting, so you can start taking profit while building a strong foundation to improve business innovation and efficiency, and get better results with less effort. start to take profit.
In this summary, you'll learn:
• The key misconceptions and mistakes in business and accounting that keep entrepreneurs trapped in a cash shortages and unprofitability;
• The 4 key principles behind successful dietary programs and how you can apply them to build a trim and healthy business;
• A detailed step-by-step guide to start setting up your business for profits, with tips on how to cut costs, clear debts, and free up cash and efficiency in your business.
Who should read this:
• Entrepreneurs, Business owners, leaders, managers and executives
• Consultants and trainers