When I started my Corporate Event Management business in 2017 – the number one worry that would keep me up in the middle of the night was the utter confusion of managing the business finances.
read more
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.
read more
read more
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.
read more
