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Profit First Chiro Blog

Profit First Chiro Blog

We see a lot of practice owners at Profit First Chiro who haven’t yet mastered their cash flow. They can go all year before figuring out if they made or lost money. Even worse is by time they realized they lost money, it’s too late to correct and that is a stressful place to be. Which is why we have made it our mission to bring awareness to the value of having control of your practice’s finances. Drawing attention to the major impact profitability can have on your practice.

When looking at a business, regardless of profession, industry, size, etc. there are some basic rules that apply. Which often play a key factor in the success of a business, such as “supply and demand”. This rule has such a profound effect on businesses of all size that people dedicate their life to studying it. Going for advance degrees in business, marketing, and psychology just to understand what drives a person’s buying decisions.
When a business owner starts to examine their operating expenses, it is not uncommon to start thinking you are spending too much and that the only solution is to hack away at expenses and close the purse strings as tightly as possible. The last thing you want to do is become a cheap business owner where you start compromising business effectiveness and efficiency in the name of saving a buck.

Profit First is a tried and true system with over 100,000 companies having implemented the profit first method and the most common question is “What bank should I use for Profit First?” Here is the simple answer: You want to work with a bank that does not charge minimum balance fees on checking or savings accounts. Which leads to “How do I find that bank?”
Are you interested in saving more money? lets face it, pretty much everyone wants to save money these days. But are you tired of hearing the same old tips and tricks about drinking one less coffee and swapping your vacation for a staycation? While these are great ideas there is a better way to save money then drastically changing your behavior and even skipping the things you enjoy.
Join us for a short interview with Debra Cassera and Mike Michalowicz, the author of Profit First, discussing his new book Fix This Next on sale now!




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