Profit first : transform your business from a cash-eating monster to a money-making machine
(Book)
Author
Published
New York : Portfolio/Penguin, [2017].
Physical Desc
207 pages ; 24 cm
Status
Security Public Library - NONFICTION
658.15 MICHA
1 available
658.15 MICHA
1 available
Description
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Copies
Location | Call Number | Status |
---|---|---|
Security Public Library - NONFICTION | 658.15 MICHA | On Shelf |
More Details
Published
New York : Portfolio/Penguin, [2017].
Format
Book
Language
English
Notes
Bibliography
Includes bibliographical references and index.
Description
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 achieiving 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.
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Citations
APA Citation, 7th Edition (style guide)
Michalowicz, M. (2017). Profit first: transform your business from a cash-eating monster to a money-making machine . Portfolio/Penguin.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Michalowicz, Mike. 2017. Profit First: Transform Your Business From a Cash-eating Monster to a Money-making Machine. Portfolio/Penguin.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Michalowicz, Mike. Profit First: Transform Your Business From a Cash-eating Monster to a Money-making Machine Portfolio/Penguin, 2017.
MLA Citation, 9th Edition (style guide)Michalowicz, Mike. Profit First: Transform Your Business From a Cash-eating Monster to a Money-making Machine Portfolio/Penguin, 2017.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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