September 21, 2020

Here's a quick tip to help you reduce the amount you're spending on operating expenses. 

Stop spending money on expenses. 

Expenses cost you money. That means it takes cash from your business and doesn't provide a return. 

Reframe how you think of your expe...

September 14, 2020

I was working with a business owner not long ago who was incredibly stressed about their taxes. 

In the past they weren't great about setting money aside for their quarterly payments, so they were hit with big tax bills the following April. 

As they implemented Profit F...

September 7, 2020

Did you know that September is considered the 2nd new year?

With summer in the rear view mirror, many of us use this time for a fresh start with our business goals. 

So tell me... are you where you hoped you'd be this far into the year? Has your business hit those re...

August 31, 2020

Recently we decided to have our back patio redone. We wanted to rip out the old, rotten wooden deck and lay down a nice stone patio we could enjoy. 

The crew was scheduled to start construction in a couple of weeks. In the meantime, we had a pergola we were going to kee...

August 24, 2020

This question may hit home, or even ruffle some internal feathers. But it's important to take a true and authentic look at your business and ask yourself:

Do I own my job, or do I own a business?

Too often I meet business owners who are stuck in their business. They're w...

August 17, 2020

Sometimes goals can be... overwhelming. 

Whether it's that outrageous revenue number you have in mind, or the zeros attached to your debt, it's easy to feel overpowered by their magnitude. 

In the book The One Thing, author Gary Keller teaches a simple strategy for tackl...

August 10, 2020

Are you bringing in enough revenue to pay yourself the salary you need?

When sitting with a business owner, they often tell me they're not paying themselves as much as they like. 

Or worse, they're not paying themselves as much as they need

It's easy to fall into the t...

August 3, 2020

If you're paid bi-weekly, then you're probably familiar with the 3 paycheck months. Twice per year you should receive an "extra paycheck" (which is great when trying to make some progress on your debt). 

How does this work? Simply put, if you received 2 checks per month...

July 27, 2020

A huge part of knowing the cash flow of your business is establishing a strong allocation rhythm. 

An allocation what?

Your allocation rhythm is how often you log into your bank account and move money from your income account into the designated accounts (profit, owner'...

July 20, 2020

Every business faces some peaks and valleys when it comes to their income. 

There are always going to be those good months and bad months. Your industry and business will determine how large these jumps are. 

If you have seasonal revenue, or receive payments in bulk orde...

Please reload

Featured Posts

Is the Financial Coach Master Training Worth It?

January 10, 2020

Please reload

Recent Posts

September 7, 2020

Please reload

Please reload

Follow Me
  • Facebook Basic Square
  • Twitter Basic Square
Profit First Coach |   (512)573-4387

Austin, TX

  • Facebook - Black Circle
  • YouTube - Black Circle
  • Black LinkedIn Icon