Season 3 Episode 4 - Profit First: How To Financially Prepare For The Future

Managing finances is absolutely one of the hardest jobs when it comes to running a business. What’s the best way to set money aside? How much money do I put back into the business? How many bank accounts is too many or too little? Well today you’re in for a treat, as we have Profit Firsts Katie Crismale - Marshall to answer these questions and talk about why Profit First can help save your business and help it thrive! When starting a business, it’s important to keep in mind that business is meant to be profitable. Churning all your money back into the business instead of keeping some as profit isn’t sustainable, and can lead to disaster. Katie takes us through how the Profit First system can set you on the right path today! As always if you have any thoughts about today's podcast be sure to head over to the Joinery Business Hub on facebook! In this episode we discuss: Why it’s important to set money aside The dangers of putting any profits back into your business exclusively Why running only one bank account can lead to disaster Why implementing profit first can help save your business   Links: The Joinery Coach Website The Wealthy Joiner Joinery Business Hub Facebook Group YouTube Channel