Profit First Method, with Craig Cody
Episode 26:
Profit First Method? It’s a better way to manage your agency’s money. Hear insights about:
- How to participate in Craig’s Q&A sessions that take place each Tuesday at 2pm Eastern time
- What the “Profit First Method” is, and how agency owners can take advantage of it to ensure that you always have money left over
- How the Profit First Method uses different bank accounts to allow you to “sequester” your profits into different buckets
- How the Profit First Method leaves money aside for operating expenses and for taxes and eliminates confusion
- Why using the Profit First Method can be advantageous to both new agencies and to existing agencies looking for a better way to manage their money
- How you can adapt the Profit First Method to better navigate challenging times such as the global pandemic
Resources:
- Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz: https://amzn.to/3CdwWeM
Additional Resources:
- Website: www.craigcodyandcompany.com
- Twitter: @CraigC2742
- LinkedIn: https://www.linkedin.com/in/craigcodycpa
About Craig Cody:
Craig Cody is a Certified Public Accountant, Certified Tax Coach™, business owner, and the host of The Progressive Dentist Podcast and The Progressive Agency Owner Podcast. Prior to his current work, Craig spent seventeen years with the NYPD, where he retired as a Lieutenant in September 2000. Craig is an expert in helping his clients legally reduce their tax liabilities and keep more of their money. Through his podcast, Craig helps dentists grow their practices through smart financial decisions and through financial education of the kind that isn’t offered in dental school.