Ever wondered how to transform your business's financial stability and increase your profits? We're joined by Susanne Mariga, a CPA and fractional CFO with two decades of expertise. Susanne shares the revolutionary Profit First model, a strategy that has been a game changer in our own business. We dive into the basics of this model, shedding light on the importance of having multiple bank accounts and how to pay yourself as a business owner. It's all about intentional profitability!
We then walk through the practical implementation of the Profit First system and emphasize the need to start with your current financial position and gradually increase your percentages. Susanne also debunks some common misconceptions and explains how this system can help determine your pay and eliminate randomness in your results.
Understand your firm's financial percentages and get started with Profit First by visiting www.profitmap.co
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