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Profit First Product Detail:

  • Publisher : Penguin
  • Release : 18 January 2017
  • ISBN : 9780735214163
  • Page : 224 pages
  • Rating : 5/5 from 1 voters

Profit First Book Summary/Review:

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.

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Profit First

Profit First
  • Author : Mike Michalowicz
  • Publisher : Penguin
  • Release Date : 2017-01-18
  • ISBN : 9780735214163
GET THIS BOOKProfit First

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

Summary: Profit First

Summary: Profit First
  • Author : BusinessNews Publishing
  • Publisher : Must Read Summaries
  • Release Date : 2015-07-01
  • ISBN : 9782511035900
GET THIS BOOKSummary: Profit First

The must-read summary of Michael Michalowicz's book: "Profit First: A Simple System to Transform Any Business from a Cash Eating Monster to a Money-Making Machine". This complete summary of the ideas from Michael Michalowicz's book "Profit First" introduces the Profit First Approach. According to Michalowicz, this approach means prioritising profit, instead of leaving it as an afterthought. By following this approach, you can secure your profits and run your business on the remaining cash. There are four steps to install

Summary of Profit First

Summary of Profit First
  • Author : Alexander Cooper
  • Publisher : BookSummaryGr
  • Release Date : 2021-04-19
  • ISBN : 9791220293747
GET THIS BOOKSummary of Profit First

Summary of Profit First The GAAP (Generally Accepted Accounting Principles) formula for determining a business's profit since time immemorial has always been: Sales - Expenses = Profits While that formula is logically accurate, it doesn't really take human nature into account. Specifically, most small business owners do what can be termed "bank balance accounting" – they look at their bank balance and make decisions based on the balance they see. That relegates profit to an afterthought – something which will be left over

Insights on Mike Michalowicz's Profit First

Insights on Mike Michalowicz's Profit First
  • Author : Swift Reads
  • Publisher : Swift Books LLC
  • Release Date : 2020-11-10
  • ISBN : 0987654321XXX
GET THIS BOOKInsights on Mike Michalowicz's Profit First

Download now to get key insights from this book in 15 minutes. The 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

Fix This Next

Fix This Next
  • Author : Mike Michalowicz
  • Publisher : Penguin
  • Release Date : 2020-04-28
  • ISBN : 9780593084427
GET THIS BOOKFix This Next

From Mike Michalowicz, the author of PROFIT FIRST, CLOCKWORK, and THE PUMPKIN PLAN, comes the ultimate diagnostic tool for every entrepreneur. The biggest problem entrepreneurs have is that they don't know what their biggest problem is. If you find yourself trapped between stagnating sales, staff turnover, and unhappy customers, what do you fix first? Every issue seems urgent -- but there's no way to address all of them at once. The result? A business that continues to go in endless

Japan: A Documentary History

Japan: A Documentary History
  • Author : David J. Lu
  • Publisher : Routledge
  • Release Date : 2016-12-14
  • ISBN : 9781317467144
GET THIS BOOKJapan: A Documentary History

An updated edition of David Lu's acclaimed "Sources of Japanese History", this book presents in a student-friendly format original Japanese documents from Japan's mythological beginnings through 1995. Covering the full spectrum of political, economic, diplomatic as well as cultural and intellectual history, this classroom resource offers insight not only into the past but also into Japan's contemporary civilisation. Three major criteria used in the document selection were that: the selection avoids duplication with other collections - 75% of the documents presented here

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  • Author : John Meese
  • Publisher : Morgan James Publishing
  • Release Date : 2021-03-02
  • ISBN : 9781631953378
GET THIS BOOKSurvive and Thrive

“A step-by-step plan to help you reach more people, make sales, and enjoy more profit, regardless of what the ‘economy’ is doing.” —Ray Edwards, bestselling author of How to Write Copy That Sells Do you have a post-Covid plan for success? The pandemic is not the first event to utterly disrupt the business world, and it’s unlikely to be the last. John Meese, economist-turned-entrepreneur, CEO of Cowork.Inc, and host of the Thrive School podcast, is on a personal

Multiple Criteria Decision Making in Supply Chain Management

Multiple Criteria Decision Making in Supply Chain Management
  • Author : A. Ravi Ravindran
  • Publisher : CRC Press
  • Release Date : 2017-07-12
  • ISBN : 9781315354255
GET THIS BOOKMultiple Criteria Decision Making in Supply Chain Management

Supply chain management decisions are made under the conflicting criteria of maximizing profit and customer responsiveness while minimizing supply chain risk. Multiple Criteria Decision Making in Supply Chain Management provides a comprehensive overview of multi-criteria optimization models and methods that can be used in supply chain decision making. Presenting the contributions of internationally known authors, researchers, educators, and practitioners, this new book in the Operations Research Series provides readers with a single source guide to recent developments in this area.

Securities Activities of First Jersey Securities, Inc., and Robert Brennan, Owner and Former Chairman

Securities Activities of First Jersey Securities, Inc., and Robert Brennan, Owner and Former Chairman
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1987
  • ISBN : STANFORD:36105119632243
GET THIS BOOKSecurities Activities of First Jersey Securities, Inc., and Robert Brennan, Owner and Former Chairman

The Ignition Switch from Hell

The Ignition Switch from Hell
  • Author : Lawrence P. Sullivan
  • Publisher : Lulu.com
  • Release Date : 2015-04-26
  • ISBN : 9781312947856
GET THIS BOOKThe Ignition Switch from Hell

In 2014, automakers in the United States more than doubled their previous all-time record for automotive safety recalls. The most prominent recall was for a defective ignition switch in General Motors vehicles that caused cars to stall and airbags to fail in a crash, prompting a legal, financial and public relations nightmare for the company. "The Ignition Switch from Hell" examines the engineering, managerial and supplier relations problems that led to the defective part. The book provides suggestions on how GM

Liber Mahameleth

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  • Author : Jacques Sesiano
  • Publisher : Springer Science & Business Media
  • Release Date : 2014-03-18
  • ISBN : 9783319039404
GET THIS BOOKLiber Mahameleth

The Liber mahameleth is a work in Latin written in the mid-12th century based (mainly) on Arabic sources from Islamic Spain. It is now our principal source on mathematics in Islamic Spain at that time; There are few extant Arabic texts and no one is as complete as the LM. It is also the second largest mathematical work from the Latin Middle Ages (the other is by Fibonacci, some 50 years later). Since the three main manuscripts preserving it are

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  • Author : Eddie Price
  • Publisher : Jenesis Software, Inc.
  • Release Date : 2019-03-24
  • ISBN : 9780578485751
GET THIS BOOKThe Perfect Insurance Agency

The best all-around book ever written about the insurance business or any business for that matter. Do you often feel like you are: > Playing catch-up? > Reacting to most days rather than managing them? > Struggling with team communication and cooperation? > Moving from one marketing strategy to another with little success? > Do you want to learn how to: > Grow the agency faster? > Improve team morale? > Reduce employee turnover? > Implement better team training? > Motivate a passionate and caring team? > Build a skilled and

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Introduction to Accounting
  • Author : Peter Scott,Peter (De Montfort University Scott, De Montfort University Former Principal Lecturer in Accounting and Finance)
  • Publisher : Oxford University Press
  • Release Date : 2021-04
  • ISBN : 9780198849964
GET THIS BOOKIntroduction to Accounting

A practical introduction to accounting and finance, supported by a wealth of online resources, and learning features.

Japan: A Documentary History: Vol 2: The Late Tokugawa Period to the Present

Japan: A Documentary History: Vol 2: The Late Tokugawa Period to the Present
  • Author : David J. Lu
  • Publisher : Routledge
  • Release Date : 2015-03-04
  • ISBN : 9781317467090
GET THIS BOOKJapan: A Documentary History: Vol 2: The Late Tokugawa Period to the Present

An updated edition of David Lu's acclaimed "Sources of Japanese History", this two volume book presents in a student-friendly format original Japanese documents from Japan's mythological beginnings through 1995. Covering the full spectrum of political, economic, diplomatic as well as cultural and intellectual history, this classroom resource offers insight not only into the past but also into Japan's contemporary civilisation. This volume covers from the late 18th century up to 1995. Three major criteria used in the document selection were that: the

PROJECT APPRAISAL AND FINANCING

PROJECT APPRAISAL AND FINANCING
  • Author : AMBRISH GUPTA
  • Publisher : PHI Learning Pvt. Ltd.
  • Release Date : 2017-01-01
  • ISBN : 9788120352759
GET THIS BOOKPROJECT APPRAISAL AND FINANCING

The era of nineties has created a new breed of entrepreneurs whose quest for finance is unending. The lending institutions, on the other hand, have become choosy due to, among other reasons, mounting Non-performing Assets (NPAs). All this has led to increased pressure on the availability of finance to the entrepreneurs. In this setting, careful consideration of Project Appraisal and Financing holds the key to survival. Designed in this context, the book begins with explaining the project’s fundamentals—features,