Does any of this sound familiar?
- Money comes in, but none of it seems to stay
- Cash flow keeps you up at night: will payroll, rent or taxes be covered this month?
- Everyone else gets paid first, and you take whatever is left, if anything
- Some months money flows, other months you are scraping by
- Looking at your accounts is stressful, so you avoid it
- Tax season catches you off guard every year
What does the course teach?
The one change at the heart of Profit First. The usual formula is Sales minus Expenses equals Profit, so profit is whatever is left over. The Profit First formula is Sales minus Profit equals Expenses: profit gets paid first and expenses adjust to what is left.
Debbie built The Profit Revolution because most Profit First material explains the theory and skips the part where you sit down at your desk on Monday morning and do it. This course walks you through applying the change to your real bank accounts and your real numbers.
What do I get when I join?
- 11 step-by-step modules with training, worksheets and tools, including the bonus CAPS to TAPS module on adapting the system as the business grows
- Plug-and-play templates and worksheets, so nothing is built from scratch
- The Instant Assessment, which shows where your business stands and what to fix first
- Your custom Roll Out Plan, from where you are now to a running Profit First system
- 365 days of full course access
- A certificate of completion
What is in each module?
An introduction (welcome, outline and objectives, what to expect), then eleven modules:
- Behavioral Basics
- The 4 Core Principles
- Your Profit First Bank Accounts
- Understanding Your Financials
- The Cost of NOT Implementing Profit First
- The Power of Profit
- Instant Assessment and Roll Out Plan
- How to Move from CAPS to TAPS (bonus)
- Profit Points
- Quarterly Reviews and Allocations
- Destroying Debt
A wrap-up puts it all together and sets out your next 90 days.
Who teaches it?
Debbie DeKnight, owner of Right Way Profits and a Master Certified Profit First Professional with more than 30 years in accounting. She also coaches owners one-to-one through Profit First coaching.