Percentages: The Great Equalizer
Being Profit First Professionals, we deal with percentages a lot. Our allocations into the profit account, tax account, opex account, and others are all done based on percentages. Although it seems mundane, this is a very important distinction. It prevents us from allocating based on feelings. It doesn’t matter how much you make, your profit account always gets 2%, or 5%, or whatever it may be. This applies to all of our clients. If we instead did it by income amount, we woul