Title
Profit First: Transform Your Business from a CashEating Monster to a MoneyMaking Machine (Entrepreneurship Simplified),New
Delivery time: 8-12 business days (International)
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 casheating 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 achieving longterm growth.With dozens of case studies, practical, stepbystep advice, and his signature sense of humor, Michalowicz has the gamechanging roadmap for any entrepreneur to make money they always dreamed of.
By changing our most important processes and
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⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
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Frequently Asked Questions
- Q: What is the main concept of 'Profit First'? A: The main concept of 'Profit First' is to prioritize profit in the accounting formula by using the approach: Sales - Profit = Expenses. This method encourages businesses to set aside profit first and then manage expenses with the remaining funds.
- Q: Who is the author of 'Profit First'? A: 'Profit First' is authored by Mike Michalowicz, a well-known entrepreneur and author of several business books including 'The Pumpkin Plan' and 'The Toilet Paper Entrepreneur'.
- Q: Is 'Profit First' suitable for all types of businesses? A: Yes, 'Profit First' is designed for small businesses across various industries. It offers practical advice and principles that can be adapted to different business models.
- Q: What are the key principles outlined in the book? A: The book outlines four simple principles for managing cash flow effectively, which help simplify accounting and encourage profitable business management.
- Q: How long is the book 'Profit First'? A: 'Profit First' has a total of 224 pages, providing a comprehensive guide to its cash management strategies.
- Q: What type of binding does 'Profit First' have? A: 'Profit First' is available in hardcover, which typically offers durability and a professional appearance.
- Q: When was 'Profit First' published? A: 'Profit First' was published on February 21, 2017, and is a reissue edition.
- Q: What benefits does the 'Profit First' system provide? A: The 'Profit First' system helps businesses achieve early and sustained profitability, simplifies financial management, and increases the overall value of the business.
- Q: Are there practical examples in the book? A: Yes, the book includes dozens of case studies and practical, step-by-step advice to illustrate how the 'Profit First' system can be implemented.
- Q: Does Mike Michalowicz incorporate humor in 'Profit First'? A: Yes, Mike Michalowicz uses his signature sense of humor throughout the book, making complex financial concepts more relatable and engaging for readers.