Cash Flow Mojo - E-book - ePub

Cash Flow Mojo: Turn Your Small Business into a Profit Powerhouse Tired of working tirelessly, only to find your small business constantly strapped for cash? Discover the Profit First system, a revolutionary approach that flips traditional accounting on its head. By prioritizing profit from the outset, you'll transform your business into a money-making machine.   In this practical guide, Penny Sterling, a seasoned entrepreneur and financial expert, unveils the secrets of cash flow mastery.
You'll learn:The four pillars of Profit First: income allocation, regular rhythms, Parkinson's Law, and the "no temptation" rule. How to set up your Profit First system step-by-step, calculate your target allocation percentages, and track your progress. Advanced strategies for maximizing profit distribution, tackling debt, investing in growth, and building a profit-first culture. The importance of cultivating a profitable mindset, embracing abundance, and developing financial discipline. Filled with real-world examples, troubleshooting tips, and a comprehensive FAQ section, "Cash Flow Mojo" is your ultimate resource for achieving financial freedom and unleashing the full potential of your business.