Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine Audiobook (Free)

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will assist small businesses use from the doom spiral and achieve quick profitability.

Typical accounting uses the reasonable (albeit, flawed) formula: Sales – Expenses = Income. The problem is, businesses are run by humans, and humans aren’t always logical. Serial business owner Mike Michalowicz is rolling out a behavioral approach to accounting to flip about Profit First: Transform YOUR COMPANY from a Cash-Eating Monster to a Money-Making Machine the method: Sales – Profit = Expenses. Just as the most effective weight reduction strategy is usually to limit servings by using smaller plates, Michalowicz shows that by taking income first and apportioning just what remains for expenses, business owners will transform their businesses from cash-eating monsters to lucrative cash cows. Using Michalowicz’s Revenue First system, readers will find out that:

· Following 4 basic principles may simplify accounting and produce it simpler to manage a rewarding business by searching at bank-account balances.

· A small, rewarding business could be worth a lot more than a huge business surviving on its best line.

· Businesses that attain early and sustained profitability have a better shot at achieiving long-term growth.

With a large number of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to create cash they always imagined.