Description: Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of. This hardcover is in excellent condition except for slight shelf wear of dust jacket (see pics.) Otherwise like new - no markings of any kind within text. My son has recently taken a different path after having had a successful chiropractic/acupuncture/Chinese Medicine practice. So over the next few weeks I will be listing many of his textbooks/study/reference material pertaining to these subjects, most in pristine condition. Stay tuned to my listings if you are a student or practitioner of any of these persuasions. LOTS of material to list! I will combine shipping on multiple books if notified prior to payment. Contact me and I will send a combined invoice once I weigh the items together. Thanks
Price: 9.95 USD
Location: Drexel Hill, Pennsylvania
End Time: 2024-08-31T19:51:33.000Z
Shipping Cost: 4.63 USD
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Item Specifics
All returns accepted: ReturnsNotAccepted
Type: Textbook
Features: Dust Jacket
Book Title: Profit First : Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
Item Length: 9.2in
Item Height: 0.8in
Item Width: 6.1in
Author: Mike Michalowicz
Format: Hardcover
Language: English
Topic: Entrepreneurship, International / Accounting, Small Business
Publisher: Penguin Publishing Group
Publication Year: 2017
Genre: Business & Economics
Item Weight: 14 Oz
Number of Pages: 224 Pages