Profit First can give you financial stability to better serve your family, patients, and community
Profit First is a cash management system that, when utilized correctly, helps businesses stay profitable when business is low, and be more profitable when business is good. It's based on the "envelope method" often used for personal finances.
When using Profit First, you will make several new bank accounts (like the envelopes), one of which is profit. When your income comes in, we will distribute it according to percentages we have established with you. This way you will ALWAYS have a profit.
The Profit First system forces you to think about your expenses and what is really necessary. You shouldn't have to sacrifice your paycheck to keep your business running. You'll still have to make tough financial decisions, but your own paycheck shouldn't be one of them.