Profit First is a financial management method created by Mike Michalowicz. It flips the traditional accounting formula by prioritizing profit. Instead of calculating profit as what’s left after expenses (Sales – Expenses = Profit), the Profit First method sets aside a predetermined percentage of profit first
This approach helps businesses ensure profitability, manage expenses more effectively, and reduce financial stress
A Profit First Advisor is a certified professional knowledgeable in the Profit First methodology, created by Mike Michalowicz. These advisors help businesses implement the Profit First system, which prioritizes profit to ensure financial health and sustainability. By guiding clients through this cash management strategy, Profit First Advisors assist in increasing profitability and achieving long-term financial success
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