Profit First Nation Ep. 4: Mastering the Critical Step in Implementing Profit First for Business Owners
May 7, 2020
Learn how to calculate real revenue and effectively manage accounts receivables and payables in implementing Profit First. Get advice on managing finances and understanding the cost of goods sold for a struggling retail sporting goods store. Discover how to navigate slower months in a business using a drip account, and get tips on managing credit and financing expenses for tech firms.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Understanding Real Revenue and Managing Accounts Receivables and Payables
02:07 • 8min
Improving Profitability and Cash Flow for a Retail Sporting Goods Store
10:11 • 6min
Leveraging Drip Accounts and Managing Costs of Credit
16:01 • 5min
Calculating Real Revenue and Avoiding Costly Mistakes
21:07 • 3min