Kaizen CPAs BLOG

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profit first

The Profit First system ensures profit is the priority from the start. Similar to the envelope budgeting method, where you allocate money into different envelopes for various expenses.

What is Profit First and Why Do Accountants Hate It?

Mike Michalowicz, the author of the book Profit First and founder of the Profit First Method, developed a comprehensive training and certification...

Profit First is a game-changer for small businesses.

Profit First is hard work. Here’s why your small business should implement it anyway.

Let’s get this out of the way first – Profit First IS NOT a “set it and forget it” solution. If you’re looking for a hands off solution to your...

The 5 Best Business Books Every Small Business Owner Should Read: 2023

The 5 Best Business Books Every Small Business Owner Should Read: 2023

In his book The E-Myth, Michael Gerber says, “You need to work on your business, not ‘in’ your business?” The general idea is that you need systems...

The Profit First method puts profit before expenses.

Why we’re a pro Profit First CPA firm

Most CPA firms don’t encourage the Profit First model, here’s why we do. Profit First is a book written by Mike Michalowicz on how to properly budget...

Know how to read your financial statement

How to read your financial statements as a small business owner

It’s easy to want to skip to the "bottom line" of your financial statements, but like any great story, you’ll need context for the ending to make...