Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz

Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz

Overview: The Behavioral Approach to AccountingIn Profit First, Mike Michalowicz argues that the traditional accounting formula (Sales - Expenses = Profit) is logically sound but behaviorally flawed. Human nature leads us to spend whatever is available (a concept known as Parkinson's Law). By the time most business owners pay their bills, there is nothing left for profit.
The Profit First method flips this formula: Sales - Profit = Expenses. By taking your profit first, you force your business to innovate and operate on the remaining funds, ensuring that your company is "intentionally profitable" from day one.

Why It Resonates
Profit First is a favorite among small business owners because it eliminates "bank balance accounting" stress. It transforms profit from a "leftover" into a non-negotiable habit.

Language: English.

Genre: Self-help Book.

Binding: সেলাই করা বাইন্ডিং

Quality: Premium Quality Books.

Printing: High Quality Printing.

Paper: Eye Friendly paper (Cream White)

Cover: Matt cover (Paperback).