The Profit First method recommends using percentages to manage cash flow even if a business's income is inconsistent because it allows business owners to establish a consistent system of allocating funds, regardless of the amount of money that is coming in.
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Harnessing the Power of Percentage-Based Cash Flow Management: A Blueprint for Financial Stability and Growth
When calculating profit, it's important to separate the cost of goods sold (COGS) from the revenue.
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