7-figure business

Profit First Instant Assessment blog featured image with annette and the profit first book

7 Steps to Making a Profit First Instant Assessment

The traditional way of accounting for profit is using the formula: sales – expenses = profit. Mike Michalowicz, the author of First Profit, introduced a new method, which flips this method of thinking. It uses the formula: sales – profit = expenses. One of the tools he gives is the Profit First Instant Assessment which …

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a blog featured image entitled Profit First for UK Online Businesses

Profit First for UK Online Businesses

You may think that running an online business is a lot easier than managing a physical store. However, a lot is going on behind a virtual or digital operation. Even when you don’t retail physical goods but rather sell digital services, you might still find yourself stuck with the question: I know I’m earning a …

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How to Create Profit Like Jeff Bezos: Three Things to Do Today

In an unprecedented surge of revenue during the Coronavirus crisis last year, Amazon owner Jeff Bezos is now gaining more attention and attracting more followers. Following the 2020 Q1 release of the retail giant’s earnings, Bezos said in a statement that even with at least 30% revenue increase across all brands, investors should not expect …

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a blog featured with annete entitled How to Legally Take Money Out of Your Limited Company?

How to Legally Take Money Out of Your Limited Company?

It is so easy to think that, just because you have your own business, you can have access to your business’s money anytime you want and need to. One of the most common concerns small business owners have is how they can take out money from the business since they practically own and run the …

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a blog featured image about the topic of Profitable Business Strategies You Can Consider

Eleven Profitable Business Strategies You Can Consider

Well-planned business strategies are important for an entrepreneur to ensure success and profitability. They act as roadmaps to your business goals so long as they are effectively executed. Here are profitable business strategies. Profitable Business Strategies for 2021 Like all strategies, you need to take into consideration the many factors that are affecting the market, …

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a blog featured iamge entitled 7 Steps to Making a Profit First Instant Assessment with VAT

7 Steps to Making a Profit First Instant Assessment with VAT

In the book Profit First, Mike Michalowicz innovates the way cash flow is looked at by turning the traditional formula of sales – expenses = profit into sales – profit = expenses. This simple change reframes the thinking of individuals when it comes to spending habits. Michalowicz also introduces the Profit First Instant Assessment, which …

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a blog featured image entitled How to Sell in Economic Crisis

How to Sell in Economic Crisis

So many efforts have been put forth to stave off the economic effects of the coronavirus pandemic lockdown. The government has been increasing business and employment grants. The Bank of England has already injected 100 billion pounds to the UK economy in hopes that quantitative easing would help markets whirl and churn. Even private organisations and non-profits have banded together to help …

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Building a Legacy of MultiGenerational Wealth With Carl Allen

Many online entrepreneurs and private business owners run their companies with profitability in mind. In this article, we will be discussing how to build a legacy of multigenerational wealth But how much, exactly, does one need to profit in order for them to call their business a success? Much recently, I have had the opportunity …

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a blog featured image entitled Why Funnels Suck & How to Radically Simplify Your Business for 7-Figure Results

Why Funnels Suck & How to Radically Simplify Your Business for 7-Figure Results with Chris Kenney

These days all we hear around us is digital marketing jargon. “Do this; do that. Get on this; get on that.” We are being led to think that if we don’t hop in on the trend soon, or if we fail to keep up with the innovations the world of marketing has to offer, we’ll lose out. …

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4 Great Ways To Fund Your Business

Starting a new business is always a great idea. Many people dreamed of owning their own businesses; to finally escape the vicious cycle of the 9 to 5. In fact, most employees these days do not envision themselves spending all their productive years working for big corporations. Most of them hope that, at some point, …

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