Do I need the 5 Profit First accounts?

Do I need the 5 Profit First accounts?

by | May 30, 2025 | Profit First

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

by | May 1, 2025 | Profit First

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

by | Apr 16, 2025 | Profit First

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™?

Where is your ScareLine™?

by | Apr 3, 2025 | Profit First

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...