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Profit First by Mike Michalowicz (Hardcover, 2017)
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Format: Hardback. Title: Profit First. Type: Hardback. Missing Information?. Country/Region of Manufacture: US. Item Length: 160mm. Item Height: 237mm. Release Date: 21/02/2017.
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About this product
Product Information
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. 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 cash-eating 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 achievinglong-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.Product Identifiers
PublisherPenguin Putnam INC International Concepts
ISBN-139780735214149
eBay Product ID (ePID)15046872079
Product Key Features
SubjectFinance, Business
Publication Year2017
Number of Pages224 Pages
Publication NameProfit First
LanguageEnglish
TypeTextbook
AuthorMike Michalowicz
FormatHardcover
Dimensions
Item Height237 mm
Item Width160 mm
Additional Product Features
Country/Region of ManufactureUnited States
Title_AuthorMike Michalowicz
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Ratings and reviews
Most relevant reviews
- 19 Jan, 2021
Great book, must have for small business.
As soon as I got into the nitty gritty of the profit first system the penny dropped, I’ve tried for years to understand my business accounts without success. The way profit first works allows you to see exactly what moneys for what, I’m now drawing a wage and putting profit away without worrying what my tax bill will be and if I’ve got the money to pay it, I’ve found it truly inspirational.Verified purchase: YesCondition: New
- 02 Aug, 2017
Outstanding
If your an entrepreneur this podcastybook needs to be at the top of your list. Its high energy, informative and full of great tips, hacks and tricks to help you. It has helped me! Mikes mission is inspiring. I wish I had done the things he is talking about years ago. Don't wait :-) Funcky Colin UKVerified purchase: YesCondition: New
- 01 Aug, 2018
If you are in business you need this in your life
Every small business owner should read thisVerified purchase: YesCondition: New
- 08 Feb, 2018
Great book
Great book! You can learn a lot from it.Verified purchase: YesCondition: New
- 25 Oct, 2017
Great book. Very impressed!
Verified purchase: YesCondition: New
