Profit First

Until You Make a Profit, You Don't Have a Business

UNTIL YOU MAKE A PROFIT, YOU DON’T HAVE A BUSINESS

I have heard it said before that, until you make a SALE you don’t have a business…but…I believe that…on top of that…until you make a PROFIT, you don’t have a business either – you have an expensive hobby. Years ago, when I wasn’t making a profit, when I was “reinvesting” all the sales revenue in …

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I Don't Need a Financial Plan, I can Go On My Gut Feeling

I DON’T NEED A FINANCIAL PLAN, I CAN GO ON MY GUT FEELING

Intuition is really key in our businesses and in our lives…but I don’t believe that you should SOLELY rely on it when it comes to the financial health of your business…I believe that you need a robust, implementable and systemised, financial plan to achieve the financial results that you want. After all…money manifesting required action …

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Do you really know how much profit you make on each and every sale?

Do you even know if you make a profit? Many businesses are unaware of the exact profit they make as they don’t monitor closely enough the different elements that go to make up the sale. I was speaking to a new client yesterday on exactly this topic. His business has a number of projects that …

Do you really know how much profit you make on each and every sale? Read More »