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Insights on strategic finance, tax strategy and growth written for service businesses with clarity in mind.
How to Set Up Your Profit First Bank Accounts Without Screwing It Up
The most common thing we hear from business owners when we introduce Profit First is this: “I love the idea.…Working Capital Strategies That Actually Work for Service Businesses
Working capital defined simply is your current assets minus current liabilities. That’s your available cash to cover short-term obligations. If…
Lessons from ProfitCON: Raising Prices Isn’t Reckless. Flat Margins Are.
Too many business owners wait too long to raise their prices. They think it’s about timing. Or loyalty. Or not…Installment Sale: Defer Taxes, Boost Cash Flow, Exit Smart
Most business owners focus on the headline number when they sell—how much they’re getting paid. But smart sellers? They focus…
Business Valuation Services: What to Know & Average Costs
Most business owners wait until the last minute to figure out what their company is actually worth. They guess. They…How Service Businesses Can Lock In Healthy Cash Flow with the Profit First Method
The Feast and Famine Cycle If you’ve ever landed a big client and felt like you could breathe again only…Mega Backdoor Roth IRA Explained: Unlock More Tax Savings
If your income’s too high for direct Roth IRA contributions, you’re not out of luck. In 2025, the cutoff is…
The 7 CFO Mindsets That Help You Run a More Profitable, Scalable Business
Most founders don’t need more reports. They need better decisions. By the time your business hits seven figures, the complexity…Maximize Profit with Strategic Financial Partners: Lessons from ProfitCON
At ProfitCON, the conversations are different. This isn’t theory for theory’s sake. It’s real talk from operators who are in…
Form 8858: A Tax Planning Must for Foreign Entities
If your business touches anything offshore – a foreign entity, a contractor you pay overseas, or even a shell company…Controller vs CFO Understanding the Difference and Why It Matters
Imagine you run a service business bringing in a few million in revenue each year. Sales are climbing, clients love…Strategic Planning for a $10M Business: Lessons from ProfitCON
ProfitCON is where the most forward-thinking accountants, bookkeepers, and business advisors come to sharpen their strategy. Hosted by Profit First…Stop Flying Blind with Your Finances
Some months the bank balance tells a different story than the profit and loss report. You know you are profitable…How to Pay Yourself as an S Corp – Ask a CFO
This post is part of our upcoming video course on strategic tax planning and finance for small business owners by…How CFOs Actually Think About Cash (And Why It Should Change How You Run Your Business)
You’re good at what you do. Your clients are happy. Revenue is growing. But here’s the catch: Cash flow is…Profit First vs. Traditional Accounting: Why the Old Way Keeps You Broke
This is Chapter Two of Profit First, Unofficial: A CFO’s Playbook for Owners – a tactical guide to running your…
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