Ep. 36: Profit First Implementation Step 12: Adjust Your Allocation Percentages
Profit First Nation
English - December 17, 2020 06:00 - 25 minutes - 25 MBManagement Business Entrepreneurship business entrepreneur entrepreneurs money profit profitfirst Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Learn how to adjust your allocation percentages per plan every quarter to achieve your target allocation percentages and stay on the path to permanent profitability. In this episode, we cover the iterative refinement phase, which is the final step in implementing profit first in your business.
You'll discover how to review your financials and work with your bookkeeper to keep your cash flow healthy, manage expenses, and address slow-paying customers. Plus, find out how to add additional accounts to your profit allocations to monitor your money more effectively.
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You'll discover how to review your financials and work with your bookkeeper to keep your cash flow healthy, manage expenses, and address slow-paying customers. Plus, find out how to add additional accounts to your profit allocations to monitor your money more effectively.