
Ep. 13: Doing Profit First Right: Easy Steps to Achieving Permanent Profitability in Your Business
Profit First Nation
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Maintaining Profit Percentages During Challenging Times
The chapter emphasizes the importance of not adjusting profit percentages downwards to cover expenses during tough times, advocating instead for businesses to reassess their expenses based on actual business performance. It stresses the necessity of following the profit first cash management system and building a cushion in the operating expense account for financial stability.
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