Course Overview

Course Overview

  • What Profit First is and How It Will Change Your Business and Your Life.

  • Find out exactly how you've been spending your money. Learn about the Profit First fundamental accounts and customize your cash flow. 

  • Learn the ins and outs of Profit First bank accounts, allocation, and habits. 

  • Learn about destroying debt and how to further customize Profit First for your unique needs.  

  • Learn to implement Profit First at home, how to achieve your goals, and get firmly planted on the path to financial freedom. 

  • Learn how to keep the system from falling apart by avoiding the 8 common mistakes. Plan your quarterly Profit payouts and Tax payments. 

  • What Profit First is and How It Will Change Your Business and Your Life.

  • Learn to implement Profit First at home, how to achieve your goals, and get firmly planted on the path to financial freedom. 

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Increase Profits 

The Permanent Profitability Program is guaranteed to help you set aside more money for profits. After this course, you will have implemented a system that ensures permanent and growing profitability in your business, so you can finally get paid what you deserve!

Profit-Growing & Expense-Cutting Exercises

 Learn techniques that will increase your profit margins and identify unnecessary expenses. We will also help you increase your owner's pay, save for taxes, and destroy debt, so you can stop worrying about how you are going to pay for your expenses.

Customize & Automate Your Cash Flow 

This course guides you through implementing the Profit First system, which allows you to set aside money for Profit, Owner's Pay, Taxes, and Operating Expenses through simple, strategic and highly automated processes. We will help you customize it for your business' unique needs, so you can spend less time worrying about your finances. 

Group & Individual Support 

You will attend 6 live Zoom calls (60-90 min) with a small group to learn Profit First. You will also receive private coaching sessions from Bill Litster, our certified Profit First Professional, who has 30+ years of experience! You will have your own login to our exclusive Member Portal, which gives you access to all our resources and class recordings.

Financial Freedom 

Does worry about your business and finances keep you up at night?  If so, this course is made for you! We help you implement a system that teaches you how to get control over your finances, so that you can stop losing sleep at night. You will put yourself on the path to financial freedom! 

Can't join this session? SIgn up for our waiting list to learn about additional session dates and discounts (plus tips!)!

A Proven System 

SEE HOW PROFIT FIRST HAS HELPED OUR CLIENTS 

Mike Deshon

Owner, M.D. Concrete

"Profit First has been a game changer in my business 100%. It opened my eyes to what was really happening with my cash." 

Jasmine Upton

Owner, Up&Up Concrete

"Profit First has changed my life. It is enabling me to stay in business, be successful, and stay in the game!"

Camille Hastings

Owner, Leading Note Studios

A Proven System 

SEE HOW PROFIT FIRST HAS HELPED OUR CLIENTS 

"Profit First has been a game changer in my business 100%. It opened my eyes to what was really happening with my cash." 

"Profit First has changed my life. It is enabling me to stay in business, be successful, and stay in the game!"

What is Profit First? 

The Basics of Profit First

The GAAP formula for determining profit is Sales – Expenses = Profit. Unfortunately, in this formula, profit is a rare left over, something that is hopefully a nice surprise at the end of the year. Which is why, in Profit First, we change the formula to:

 

Sales-Profit=Expenses

 

Logically, the math is the same, but from the standpoint of the entrepreneur’s behavior, it is radically different. With Profit First, you take a predetermined percentage of profit from every sale first, and only the remainder is available for expenses.

 

Profit First leverages your habits to create more profit in your business. It manages your cash flow in such a way that controls your spending and sets aside money for profit and other obligations. Profit First makes profit a certainty. 

 

  • Profit First allocates money to different accounts (the profit account first) on a regular schedule. This way you can see the actual portion of income that is available to use for expenses and your profit account is constantly growing. 

  • Profit First removes the temptation to borrow from yourself by separating your profit, owner's pay, etc. from your operating account. 

  • Profit First helps you automatically adjust your spending to fit your new operating account balance, all while growing your profit, tax savings, and owner's pay!  

  • Profit First creates a fiscally strong business in which you benefit from regular profit distributions and effective cash flow. 


Frequently Asked Questions

Here are a few answers to our most common questions


What is Profit First? 

When does the program start and what time are classes? 

How is the course formatted? 

How long is the course? 

Who is this program meant for? 

Is Profit First a reliable system?

How many people will be in the group course? 

How does payment work? 

What if I can't attend all the live classes? 

What if I still need help when the course is over?