Profit First Nation Ep. 24: Step #3 of Profit First Implementation: The Inconvenient Bank - Expert Tips
Sep 24, 2020
Learn how to implement Step #3 of Profit First - the inconvenient bank, to transform your business. Hear expert tips on resisting temptation, maintaining disciplined profit management, and the significance of an inconvenient bank for the Profit First system. Explore strategies for cash allocation, tax optimization, and the importance of professional tax guidance for business owners.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Resisting Temptation: A Comparison Between Cookies and Money Management
02:47 • 3min
Maintaining Disciplined Profit Management through an Inconvenient Bank
05:20 • 6min
The Significance of an Inconvenient Bank for the Profit First System
11:03 • 3min
Cash Allocation and Tax Strategy for Business Owners
14:05 • 4min