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Profit First

by Mike Michalowicz
Profit First - Thryft
Profit First - Thryft

Take profit first and transform your business

Profit First is a must-read for small business owners who want to achieve profitability without getting bogged down in confusing accounting formulas. Mike Michalowicz teaches readers to prioritize profit over expenses, simplifying accounting and making it easier to manage their businesses. With his signature sense of humor and practical advice, Michalowicz provides a game-changing roadmap for entrepreneurs to achieve the profitability they've always dreamed of.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Profit First

by Mike Michalowicz
Condition guide

Book Condition Guide

Books in Like New Condition

This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Very Good Condition

This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Good Condition

We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Well Read Condition

This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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ISBN: 9780735214149
Authors: Mike Michalowicz
Publisher: Portfolio
Date of Publication: 2020-12-01
Format: Hardcover
Related Collections: Business, Economics, Personal Development
Related Topics: Finance, Entrepreneurship, Self Help, Personal Development, Finance, Money, Business, Personal Development
Goodreads rating: 4.26
(rated by 10947 readers)

Description

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability.Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that:- Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances.- A small, profitable business can be worth much more than a large business surviving on its top line.- Businesses that attain early and sustained profitability have a better shot at achieving long-term growth.With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
 

Take profit first and transform your business

Profit First is a must-read for small business owners who want to achieve profitability without getting bogged down in confusing accounting formulas. Mike Michalowicz teaches readers to prioritize profit over expenses, simplifying accounting and making it easier to manage their businesses. With his signature sense of humor and practical advice, Michalowicz provides a game-changing roadmap for entrepreneurs to achieve the profitability they've always dreamed of.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.