Do I need the 5 Profit First accounts?

Do I need the 5 Profit First accounts?

The Profit First System is designed to align with natural human behavior – we tend to spend what we see available. The purpose of separating funds into different bank accounts is to ensure that profit, owner’s pay and taxes are prioritized before expenses. For many...
Making Profit First work for Insurance Agents

Making Profit First work for Insurance Agents

You took the risk of starting your own insurance agency, envisioning a business that would support the lifestyle you wanted. But now, instead of financial security, you are feeling exhausted, frustrated and out of cash. Then, you heard about Profit First – a cash flow...
How to adapt Profit First for Insurance

How to adapt Profit First for Insurance

The Profit First cash flow management system is a powerful tool for ensuring financial stability and profitability. However, to be truly effective for insurance agencies, it requires adjustments to account for the unique financial structure, start-up costs and revenue...
Happy Holidays 2024

Happy Holidays 2024

Happy Holidays! It is hard to believe another year has come and gone. I truly want to pray a Blessing prayer over you. May you go into the Holiday season with warm thoughts and a true peace. May you find great joy in being with family and friends. May you take a...
Get Ahead on 1099s and W-9s for a Stress-Free Year-End

Get Ahead on 1099s and W-9s for a Stress-Free Year-End

Time to Tackle Your 1099s: End-of-Year Prep A Note from Donna (by Larissa)… As the year winds down, it’s time to shift focus to crucial financial tasks like preparing your 1099s, W-9s, and other important records tailored to your business. Let’s dive into...