For any business, maximising profitability should always be a top priority. However, implementing new financial strategies, like Profit First, can often be overwhelming, especially for accountants and bookkeepers. 

In this episode of Profit First For Tradies, I talk about how to implement Profit First without overwhelming your accountant or bookkeeper. Specifically, I discuss the importance of working with a CERTIFIED Profit First coach to help you get up and running efficiently.

A certified Profit First coach can provide invaluable guidance and support when implementing the Profit First system. They will help you understand the different components of Profit First and will remove any confusion your accountant or bookkeeper might have. In fact, working with a certified Profit First coach will ensure that your entire financial team understands everything they need to ensure the smooth implementation of Profit First in your business. 

By having a certified coach on hand to answer questions and give advice, you can rest assured that your Profit First implementation will be smooth and successful. Plus, having a certified coach means that all the financial advice and guidance you receive is backed by proven industry experience.

In this episode of the Profit First for Tradies, you’ll learn the following:

• The importance of asking questions (02:40)
• The importance of working with a certified Profit First coach (03:48)
• The need to create and automate systems and processes (05:14)
• How does working with a Profit First coach help your accountant or bookkeeper? (05:14)
• How to plan your taxes for the year (09:43)

As a business owner, you understand that maximising profitability is crucial for long-term success. With careful planning and clear communication, you can effectively incorporate Profit First into your financial strategy without causing any headaches for your financial team.

If you haven’t listened to our previous episode about The Truth About Working Harder- Myths, Realities, and Strategies for Trade Business Owners, go back and check out Episode 014. 

QUOTES

“You must continue to ask the question until you get the answer.” -Katie Crismale-Marshall

“If you're sick of that, then it's maybe time to reach out and have a look at what Profit First can do for you.” -Katie Crismale-Marshall

“Profit first will change your business for the better.” -Katie Crismale-Marshall

Resources

• Profit First for Tradies
• Efficient Tradie Bookkeeping
• Profit First Professionals

CONNECT WITH KATIE CRISMALE-MARSHALL

• Website: https://www.profitfirstfortradies.com.au/ 
• YouTube: https://www.youtube.com/@profitfirstfortradies9503/featured  

Facebook: https://www.facebook.com/ProfitFirstforTradies/