What is Profit First
Profit First is a simple straight forward and effective cash flow strategy that will transform your law firm from a cash-eating monster into a money-making machine. Written by Mike Michalowicz, the system explains why The GAAP (Generally Accepted Accounting Principles) method is too complex for most small law firms. You will quickly learn the importance of taking your profit firs, without compromising your law firm, and why the Profit First of Sales – Profit = Expenses actually sustains growth and skyrockets profits. As a certified Profit First CPA Firm, we can help you with your law firm’s accounting needs while implementing the Profit First method.
Meet Mike Michalowicz
Mike Michalowicz is and is co-founder of Profit First Professionals, a membership organization of accountants, bookkeepers and business coaches who teach the Profit First method. He is the entrepreneur behind three multimillion dollar companies and is the author of Profit First, Clockwork, The Pumpkins Plan and his newest book, Fix This Next. Mike is a former small business columnist for The wall Street Journal and regularly travels the globe as an entrepreneurial advocate.
Why should I consider a Certified Profit First CPA Professional
As a Certified Profit First Professional specializing in small law firms accounting needs, I’ve gone through, and continue to go through, rigorous training to ensure I am up to date on the latest and greatest tools and training available. We have ongoing training, tools, updates, mentors, accountability and support directly through headquarters and I’m surrounded by more than 500 professional accountants, bookkeepers and coaches who are some of the top globally that I am continuously learning from and engaging with.
As a Certified Profit First Professional CPA, I Can Help You:
- See more money in your law firms pocket starting with your very next bank deposits.
- Focus on building your small law firm as you take on navigating the world of Profit First bookkeeping, taxes and coaching for you.
- Keep you law firm safe from huge financial mistakes that could put everything you worked for at stake.
- create a business around your life instead of a life around your law firm.
- Achieve a quarterly profit distribution rhythm, just like the fiscally elite companies… yes, finally pay yourself!
- Never worry about taxes again – your law firm will take care of it automatically.
- Erase all of your debts (even if you have a load of unpaid liabilities) while still taking a profit from day one.
- Make profitability a HABIT in you law firm.