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Profit First Helps You Make the Tough Decisions – Without the Guesswork
So, you’ve read the book and started implementing Profit First. You’ve set up your bank accounts and decided on your allocation percentages. That’s a great start – but it’s only the beginning of the process. And you have a few tough choices to make, but Profit First...
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
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...
Where is your ScareLine™?
Note from Donna… I developed the idea of a ScareLine after seeing a few too many clients drowning in insurmountable debt. My thoughts were: “How did you let it get this bad, wasn’t there a red light flashing in your head saying stop?” But, a few months ago I was told...
You Made Profit a Priority—Now Let’s Elevate Your Business Goals
Well, folks, it’s time to celebrate! You’ve officially made it through your first three months of the 1% Challenge—an incredible milestone on your Profit First journey. Take a moment to give yourself a round of applause. Woohoo! ? We’re thrilled by the dedication and...
Embracing Profit First after the 1% Challenge
As we reflect on the lessons learned from the 1% Challenge and continue to adhere to the guidelines it sets for our businesses, it’s time to impart an essential insight: the 1% Challenge is just the beginning. While transitioning to this system undoubtedly presents...
1% Challenge to Profit First professional
Note From Donna... I wouldn't share the 1% Challenge with you without telling the story of how it changed my business. It's such a monumentally powerful system I knew immediately that I needed to become a certified Profit First professional. In 2014, I was introduced...
The 1% Challenge: Profit First Professional Tips for Financial Success
Welcome back. By now your 1% Challenge account should be looking pretty with how often you’ve been saving. And, if you’ve eliminated your low-hanging fruit expenses then you’re riding smoothly! Congratulations, that’s the 1% challenge. Except… nothing is quite that...
Wow, that’s expensive. The Profit First 1% Challenge
If you began the 1% Challenge two weeks ago, you might have started to feel some aches and pains. Transitioning to a Profit First system is no small feat. Most businesses operate at full throttle, albeit in an unsteady manner—spending whatever funds are available and...
New Year? New Profit First 1% Challenge
Note From Larissa For Donna... Happy New Year's everyone. You may notice the new website layout! Let us know what you think in the comments below or by contacting us directly. We have a busy year of sharing Profit First with you, and are excited to see what you do...
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...
30 Days of Gratitude for November 2024
Note From Larissa For Donna... Every year Donna and the Sooter Consulting team loves to focus on the core concept of gratitude. We each have people and circumstances that got us where we needed to go, and taking time to acknowledge these things is a honorable...
Using Profit First for your insurance marketing KPIs
Editor’s Note… Happy November folks, you may notice some changes happening with the Sooter Consulting website. This is because Sooter Consulting is going through a redesign! We are excited to introduce a new website to you all soon! In the meantime, today’s...
Boost Insurance Agency Growth with Profit First Strategies
Ask Donna "I want to grow, but I can't raise my rates" Note From Larissa For Donna... Hey everyone! We're hoping to get these segments out in video format soon! If you would like to submit a question for Donna reach out to us through emails or the comments below! A...
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 why...