Ep. 40: Dispersing Profit: Rules for Keeping vs. Retained Earnings
Profit First Nation
English - January 14, 2021 06:00 - 23 minutes - 23.1 MBManagement Business Entrepreneurship business entrepreneur entrepreneurs money profit profitfirst Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep. 39: Making 2021 Your Most Profitable Year Ever with Profit First
Next Episode: Ep. 41: Baseline Selling
In this episode, we answer questions our listeners ask about implementing the Profit First System for their business. We discuss the rule of thumb for dispersing profits and retaining earnings, as well as using a vault account for long-term savings. We also provide clarity on which debt to prioritize when using the snowball system for both personal and business debt. Tune in to learn more about optimizing your profit and debt management.