Profit First is a game-changing book that introduces a unique approach to budgeting and financial management. The author, Mike Michalowicz, challenges the traditional accounting formula of Sales - Expenses = Profit and instead proposes Profit First - Sales = Expenses. This mindset shift helps businesses prioritize profit and allocate resources accordingly. With practical strategies and step-by-step instructions, this book guides you through the process of implementing the Profit First system in your business. By focusing on profit from the start, you'll be able to make better budgeting decisions and ensure the financial health and sustainability of your business.
