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Fix This Next: Third Level, Building Order and Redundancy for a Self-Sustaining Business

Fix This Next: Third Level, Building Order and Redundancy for a Self-Sustaining Business

by Donna Lim | Jul 9, 2020 | Business Planning, Organize

I’ll begin with two quotes from the book that really resonated with me. “You are not a business owner if the business owns you.” And “Stop doing for your business, and start designing your business to run without you, permanently.” That is the goal – isn’t it. To have...
Overcoming Debt with Profit First: Practical Steps for Business Survival

Overcoming Debt with Profit First: Practical Steps for Business Survival

by Donna Lim | Jan 23, 2020 | Business Planning, Profit First

Mike states there is a “tweak” to the Profit First system when extinguishing the battle of debt. The Profit account is disbursed as 99% to debt and 1% to you as profit. You might say, then why even put money in the Profit Account? Answer is simple – because we want...

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