Podcasts about certified profit first professional

Show Summary: In this episode of Grow My Accounting Practice, Cathy Donovan Wagner, founder and CEO of RETAILMavens, joins us to unpack the deep, often overlooked connection between pricing and personal well-being. Cathy shares how pricing decisions don't just affect your bottom line—they impact your soul, your mental health, your team, your clients, and even the legacies we help build. She dives into the fear many professionals experience around raising prices, rooted in a desire to be liked and accepted, and explains why that fear can be more damaging than rejection itself. Cathy also explores the transformative power of niching, emphasizing how narrowing your focus can dramatically improve the client experience and your own confidence. As a Certified Profit First Professional, she speaks to the courage and commitment it takes to do the “scary things” in business. This episode is a powerful reminder that when you price with intention and lead with purpose, you not only serve better—you thrive.   Website: https://www.retailmavens.com Podcast: https://www.richerretailerpodcast.com Social Media: @retailmavens Free Training:3 Steps to Maximize Retail Profit and Reduce Overwhelm: https://www.retailmavenspc.com/moreprofit   Corporate Partner:Relay.Fi - https://relayfi.com/   Profit First App Version 2.0 is here!  More Education. More Functionality. More Profit!

Welcome to this episode of “Building the Premier Accounting Firm,” where we delve into the transformative power of specialization and self-sustaining business models in the accounting industry. Today, we are joined by the remarkable Cyndi Thomason, a Certified Profit First Professional and the visionary founder of Bookskeep. Cyndi has carved a niche in the e-commerce world by implementing innovative strategies that enhance profitability and operational efficiency. Together, we'll explore her journey from a diverse clientele to becoming a leader in e-commerce specialization, the benefits of niche focus, and the importance of building a resilient, independent business. Get ready for an inspiring discussion on balancing professional growth with personal life, and discover actionable insights to elevate your business to new heights. Cyndi's Journey to Profitability in E-Commerce: Began by helping a friend, leading to the adoption of Mike Michalowicz's “Profit First” methodology. Transitioned from a diverse client base to specializing in e-commerce, addressing specific challenges like technology and inventory management. Niche Specialization Benefits: Improved systems and targeted marketing strategies. Co-authored “Profit First for E Commerce,” focusing on inventory solutions and client narratives for relatability. Gained speaking opportunities and adapted to online advisory roles, particularly for women-owned brands. Delegation and Business Independence: Emphasized the importance of transferring processes to team members to ensure business sustainability. Implemented a four-week leadership vacation to identify organizational gaps and encourage autonomous decision-making. Personal experiences underscored the necessity of a dependable team during crises, allowing personal time for family. Balancing Business and Personal Life: Discussed challenges women face in balancing home and business duties, advocating for a supportive network. Outlined three stages of business ownership: job holder, enjoying ownership benefits, and becoming an investor or visionary. Transformation and Growth: Cyndi's evolution from a homeschooling mother to a successful e-commerce business owner using a profit-first approach. Collaboration with Michalowicz and niche specialization catalyzed significant business growth. Conclusion: Encourages serious approaches to life and business. Thanks to Cyndi for her insights. Promotes resources and networking opportunities for further business improvement. Call to Action: Explore the “Profit First” method for enhanced business profitability. Consider niche specialization to address specific industry challenges effectively. Build a reliable team to support business operations and personal priorities.   Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth.   Offers: Vist Cyndi's website: https://www.bookskeep.com/   Get a FREE copy of these books all accounting professionals should use to work on their business and become profitable.  These are a must-have addition to every accountant's library to provide quality CFO & Advisory services as a Profit & Growth Expert today: “Red to BLACK in 30 days – A small business accountant's guide to QUICK turnarounds” – This is a how-to guide on how to turn around a struggling business into a more sustainable model. Each chapter focuses on a crucial aspect of the turnaround process - from cash flow management to strategies for improving revenue. This book will teach you everything you need to become a turnaround expert for small businesses. “in the BLACK, nine principles to make your business profitable” – Nine Principles to Make Your Business Profitable – Discover what you need to know to run the premier accounting firm and get paid what you are worth in this book, by the same author as Red to Black – CPA Allen B. Bostrom. Bostrom teaches the three major functions of business (marketing, production and accounting) as well as strategies for maximizing profitability for your clients by creating actionable plans to implement the nine principles. “Your Strategic Accountant” - Understand the 3 Core Accounting Services you should offer as you run your business. Help your clients understand which numbers they need to know to make more informed business decisions. “Your Profit & Growth Expert” - Your business is an asset. You should know its value and understand how to maximize it. Beginning with the end in mind helps you work ON your business to build a company you can leave so that it can continue to exist in your absence or build wealth as you retire and enjoy the time, freedom, and life you want and deserve. Learn what it is you can do to become an author, leveraging your expertise to market your services effectively and get the clients you deserve.  This is a webinar you don't want to miss.  Learn from Mike Capuzzi what a Shook is and how you can use it to position yourself as the Premier Accounting Firm in your area.  This is a must-see presentation so get ready to take some great notes.   In addition to becoming an author, see what you can do to follow the Turnkey Business plan for accounting professionals.  After more than 40 years we've identified the best practices of successful accountants and this is a presentation we are happy to share.  Check it out and see what you can do to be in business for yourself but not by yourself with Universal Accounting Center.   It's here you can become a:   Professional Bookkeeper, PB Professional Tax Preparer, PTP Profit & Growth Expert, PGE   Next, join a group of like-minded professionals within the accounting community.  Stay up-to-date on current topics and trends and see what you can do to also give back, participating in relevant conversations as they relate to offering quality accounting services and building your bookkeeping, accounting & tax business.   The Accounting & Bookkeeping Tips Facebook Group The Universal Accounting Fanpage Topical Newsletters: Universal Accounting Success The Universal Newsletter   Lastly, get your Business Score to see what you can do to work ON your business and have the Premier Accounting Firm. Join over 70,000 business owners and get your score on the 8 Factors That Drive Your Company's Value.   For Additional FREE Resources for accounting professionals check out this collection HERE!   Be sure to join us for GrowCon, the LIVE event for accounting professionals to work ON their business. This is a conference you don't want to miss.   Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe.   Also, let us know what you think of the podcast and please share any suggestions you may have.  We look forward to your input: Podcast Feedback   For more information on how you can apply these principles to start and build your accounting, bookkeeping & tax business please visit us at www.universalaccountingschool.com or call us at 8012653777  

Show Summary: In this episode of the Grow My Accounting Practice podcast, Doreen Binkiewicz, founder of DGL Business Solutions and Certified Profit First Professional, dives into the vital components of exit planning and succession strategies for business owners. She explains how these strategies are not necessarily retirement plans, but rather a way for owners to harvest the value of their business when the time is right. The key, according to Doreen, is making sure that the business is transferrable—meaning it can operate independently of the owner—ensuring long-term value and success. Doreen highlights the critical difference between "business attractiveness" and "business readiness." While business attractiveness refers to how appealing a company looks to outsiders, business readiness focuses on internal operations and the company's ability to function efficiently without the owner. Both elements play a crucial role in determining the real value of a business and its ability to sell or transfer ownership. Doreen also touches on the importance of financial allocation, a concept central to Profit First principles, where money is separated into different accounts, much like Mike Michalowicz's money envelope system. This helps business owners manage their natural spending tendencies, building profitability and business value. By meeting clients where they are—whether they are exploring, pivoting, or triggering—Doreen emphasizes the importance of clarity, liquidity, and legacy in crafting a long-term, winning business strategy.   Website:www.DGLBusinessSolutions.com   Corporate Partner: People Processes - https://peopleprocesses.com/

Jason Snider is the Founder and CEO of Aspyr Advisors, a bookkeeping and business advising firm. He's also the Co-founder and Managing Director at Summit eCommerce Advisors, an accounting firm supporting e-commerce professionals. Twenty years in the accounting industry exposed Jason to the challenges e-commerce entrepreneurs face utilizing traditional accounting, and it inspired his vision to create improved solutions. Additionally, as a Certified Profit First Professional, he coaches entrepreneurs by providing them with the tools needed to scale their businesses. In this episode… Bookkeeping is essential for operating a profitable e-commerce business because it helps owners organize and access their finances, plan an annual budget, and understand their financial health. And while it may be cost-effective to do your own bookkeeping, not having thorough accounting knowledge could cause your company to lose money. So how can entrepreneurs manage their company's finances like an accounting professional? Regardless of the method used to log company spending, business owners should habitually review their financial records on a monthly basis. This allows for monthly comparisons and identifying areas where additional spending or cuts may be beneficial. Jason Snider, a certified accountant, recommends using a reliable accounting system such as A2X to accurately track the cost of goods and other data input. Another method for properly managing company funds is implementing a Profit First system. This accounting strategy aims to help small businesses improve their cash flow and profitability by setting aside a percentage of revenue as profit before paying expenses. In today's episode of the eComm Breakthrough Podcast, Josh Hadley welcomes Jason Snider, Founder and CEO of Aspyr Advisors, to discuss innovative e-commerce bookkeeping. Jason shares common bookkeeping mistakes, methodologies for tracking and reconciling the cost of goods, and expounds on the Profit First strategy and how to execute it. Resources mentioned in this episode: Josh Hadley on LinkedIn eComm Breakthrough Consulting eComm Breakthrough Podcast Email Josh Hadley: Josh@eCommBreakthrough.com Hadley Designs Hadley Designs on Amazon Jason Snider on LinkedIn Email Jason Snider: Jason@summitecommerce.co Aspyr Advisors Summit eCommerce Advisors Special Mention(s): Kevin King Howard Thai on LinkedIn Roland Frasier on LinkedIn Profit First: Transform Your Business From a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Rescue Time Pomodoro Timer Cyndi Thomason on LinkedIn Xero A2X Related Episode(s): “Kevin King's Wicked-Smart Tips for Building an Audience of Raving Fans” “Mastermind Level Strategies From a Former Top 50 Amazon Seller With Howard Thai” “Seven Acquisition Strategies to Scale to Eight Figures and Beyond”

How much does your auto repair shop charge for an accurate diagnosis made by an A Tech in 15 minutes? How much for the same diagnosis, made in 4 hours by your best B Tech?This week, we revisit my conversation with Brian Hunnicutt about the doubt that shows up quite often in every auto repair shop owner's mind: how to set rates that make justice to the value they provide. Brian shares his perspective as an Executive Coach and Certified Profit First Professional on why most auto shop owners rarely charge diagnostics properly, why they have the weird feeling of ripping their clients off when charging what they should, and how the automotive industry as a whole should deal with this issue. Additionally, Brian explains how to tell apart clients who want their cars fixed from those who want to spend the minimum possible, shares three questions he came up with to keep the front counter and the technicians in alignment, and much more. In This Episode, You Will Learn:The A Tech, the prima donna of every auto repair shop (2:10)Why do some clients get the wrong idea of how much auto repair professionals' time is worth? (8:40)It's 2023, and the automotive industry still struggles to charge diagnostic time properly (12:40)Three questions to align the front counter and technicians in your auto repair shop (18:00)Connect with Brian:LinkedInLet's connect:WebsiteLinkedInFacebookEmail: info@maximumoctane.com Hosted on Acast. See acast.com/privacy for more information.

We're excited to bring you an installment from our signature Voyager Interview Series as we sit down and take a deep success dive with today's experts, bringing you 10 Questions and the Expert Answers that Will Change Your Business! Today's guest, Rocky Lalvani, Chief Profitability Advisor for successful business owners, teaches entrepreneurs how to ensure they get paid and make profit a priority! As a Certified Profit First Professional, he implements the Profit First System developed by best selling author Michael Michalowicz. Profit first upends the old accounting formula of Sales minus Expenses = Profit and instead teaches Sales minus Profit = Expenses. Find out more about Rocky and Profit First: https://profitcomesfirst.com/

Profit is something I get really excited about because it's one of the most forgotten topics in entrepreneurial circles. Most people are so revenue focused or -  if they are in the online space - they are crazy about scaling. Profit is left as an afterthought, and it's also the most misunderstood. For example, the business I worked with made about $3M in revenue but ZERO profit. They thought the answer to their profit problem was 10X their revenue. Essentially, more work would equal more revenue, and more revenue would equal more profit.  This is NOT true. It's rare that I sit down with a business owner and not have conversations on these topics. So, I'm super pumped to share some of my thoughts about what you need to increase your profitability. As a matter of fact, I love profit so much that I'm a Certified Profit First Professional because I know it IS the holy grail and will give my clients exactly what they want the most: To accumulate real, tangible financial wealth over a lifetime.  These business owners are less interested in chasing revenue for revenue's sake and more concerned with making intentional and discerning decisions about how they run their businesses and leverage their money. Get your Revenue Goal Calculator - https://theboldleadershiprevolution.com/revenue-goal-calculator   

Danielle and Cyndi Thomason, an expert certified in Profit First at the mastery level and the author of Profit First for E-commerce Sellers, explore the critical role of inventory in determining the success of your business. Cyndi shares valuable techniques for managing inventory levels and emphasizes the importance of maintaining distinct accounts. They will also investigate the advertising budget, highlighting the recommended percentage allocation for this aspect. This episode offers valuable insights and practical advice for ensuring the profitability of your business.   IN THIS EPISODE: [01:27] Cyndi talks about why inventory can be a serious pitfall for a business, why you need an inventory account [08:51] Looking at  each product you sell to determine how to price  [11:39] Cyndi shares the importance of inventory days and getting creative to move stale inventory  [15:39] She explains why  inventory cash flow is different from your operating expenses and the part advertising can play if not managed well [19:27] Pay attention to the return on their advertising spend and how to figure the percentage you should spend [26:45] Cyndi shares the downfall of integrating your accounting system with your inventory  KEY TAKEAWAYS:  The key to operating a business where inventory is involved is to allocate funds so you don't have to borrow money to buy stock. Sales are lost when you run out of inventory. Good record-keeping through accounts prevents that from happening. Be very careful of how much you spend on advertising.  It is an expense that can quickly get out of hand.   Cyndi Thomason, author of Profit First for Ecommerce Sellers, is a Certified Master Profit First Professional, and the founder and president of bookskeep, a virtual company that provides bookkeeping and Profit First consulting services to ecommerce clients all over the world. Cyndi devotes much of her time speaking at various events such as ASD Market Week, ProfitCon, Marketplace Brand Accelerator Training, the Ecommerce Business School and other webinars, teaching ecommerce businesses how to implement the Profit First method. She has contributed to publications such as Skip McGrath s Online Seller s Resource and is a regular contributor to The Private Label Insider and the Inventory Lab newsletter. Honors and awards include Profit First Member of the Year 2016, Profit First Go-Giver 2017, and one of the Top 50 Women in Accounting Award 2018, presented by Practice Ignition. Cyndi is a master gardener and enjoys being surrounded by nature, spending time with family, friends and a menagerie of fur babies. Bookskeep -Website Cyndi Thomason - Website   ABOUT THE HOSTS:   Danielle Mulvey is a former flight attendant-turned-entrepreneur and owns multiple businesses doing $50 million in annual revenue. She is one of the exclusive, select group of Mastery-Certified Profit First Professionals worldwide and the go-to “HOW TO IMPLEMENT” workshop facilitator for Profit First and WSJ Journal best-selling author Mike Michalowicz following his keynote speeches. Danielle is currently running multiple businesses, from start-ups to mature businesses with 10-year plus track records and revenues ranging from $1M to $40 million in annual revenues and is a certified numbers geek about Profit First, leveraging the DIY cash management system for small business to achieve maximum profitability. She can personally guide business owners to achieve maximum profitability based on her 25 years of experience as an entrepreneur who has been there and done that.   Additionally, Danielle authored the book The Rapid Read™ Guide to The 5-Star Employee Rating System™ and is currently collaborating with Wall Street Journal best-selling author Mike Michalowicz on his new book, to be released in Q1 2024, titled ALL IN: How Great Leaders Build Unstoppable Teams. Mike Michalowicz is an entrepreneur and New York Times and Wall Street Journal best-selling author of Profit First, The Pumpkin Plan, SURGE, Toilet Paper Entrepreneur, Clockwork, Fix This Next and Get Different. BusinessWeek called Toilet Paper Entrepreneur, a business cult classic. His books have been translated into ten languages, and Mike has had the privilege to speak on stages worldwide because of his passion for connecting with entrepreneurs.   As the founder of Profit First Professionals, he empowers accountants, bookkeepers, and business coaches with the tools and techniques to maximize client profitability, allowing them to uplevel from being one of the 83% of small businesses operating check-to-check and struggling to be profitable to becoming one of the 17% of thriving and highly valuable businesses with cash in the bank to correlate to profitability. Mike also co-founded the business growth consultancy Provendus Group and has successfully founded, built, and sold two technology service-based companies. He is passionate about sharing his experiences and advice with entrepreneurs and sits on formal and informal advisory boards while maintaining relationships with angel and early-stage investors.   RESOURCES: Danielle Mulvey - Website Danielle Mulvey - Linkedin The All In Company - Website Profit First Nation - Website   Mike Michalowicz - Website Mike Michalowicz - Linkedin Mike Michalowicz - Twitter Profit First Professionals - Website Mike Michalowicz - Books      

“Working more doesn't always equal more money..” – Jayden Doye About Our Guest Jayden Doyé was not always the financial guru that he is today. Growing up in a household, just shy of the federal poverty line in Prince George's County, MD he knew the importance of money management, but didn't have the tools to create the financial stability he so desperately craved. Graduating Towson University with a B.S in Accounting & incurring a large amount of debt, Jayden was determined to make a change. With a little hard work and A LOT of sacrifice, Jayden became independent, gained professional growth as an accountant at a small CPA firm in Atlanta and became a Certified Public Accountant. Over the past five years he's worked with clients in just about every industry-helping them not only expand their financial portfolios, but to create plans that ensure financial sustainability & minimize taxability. During the first two years of building his own CPA firm, Prestige Accounting Solutions, Jayden discovered his niche- professional service providers. He realized that many sought after the lifestyle he lives which includes living debt free, a monthly mandatory vacation & delegate/elevating a team to operate a profitable business that does not require the owner's full attention. During his second year of business, Jayden became a Certified Profit First Professional & now he teaches the Profit First method to business owners which guarantees that their business generate profits. As a CPA, Jayden's goal is to help entrepreneurs like as himself, gain independence, eliminate debt, and create unique action plan to bring more to their bottom line while paying less in taxes.   Episode Summary This episode is powered by the  Move to Millions Book      It's no secret that if you are a business owner, you intend to operate a business that generates a profit.  I mean seriously, profit is how we keep score in business. Yet, surprisingly, most small business owners (those with less than 500 employees as classified by the IRS and SBA) do not make substantial profits each year. Depending on the source you site, 4.2% of all small businesses make seven figures a year in gross receipts but it is much harder to determine what number actually make a profit. My guest, Jayden Doye, is on a mission to change the statistics for service providers nationwide. Through sharing his own personal journey from poverty to profits as a CPA, Jayden offers a powerful roadmap for service providers who want to build businesses that serve them and offer them the freedom, finances and flexibility to travel. If you are ready to shift to having a business that is a true profit center, grab your pen and Move to Millions Podcast notebook and listen in now to discover: How to break free from the “do everything yourself” syndrome Why your business was designed to bring you financial freedom and how to attain it How to shatter the glass ceiling and create the life you desire And so much more   Important Links: Move to Millions Live Incredible One Enterprises com Move to Millions Planner Move to Milli0ns Book Powerful Quotes from the Episode “Poverty is the root of all evil.” “Look, I'm really a millionaire. My bank account just doesn't show it yet..” “I've always seen the value of being a good leader and having a team.” “Sometimes you have to retreat in order to advance.”   How to Connect with T. Jayden Doye' Website:  www.accounting-atlanta.com Instagram: www.instagram.com/Thegreatjayden Facebook: https://www.facebook.com/tjaydendoyecpa/ Linked In: https://www.linkedin.com/in/jaydendoyecpa/ Book Jayden Recommends: Think & Grow Rich Favorite Quote: It's not the end of the world Tool Jayden Swears By Own His Move to Millions:  travel Incredible One Enterprises, LLC is not responsible for the content and information delivered during the podcast interview by any guest. As always, we suggest that you conduct your own due diligence regarding any proclamations by podcast guests.  Incredible One Enterprises, LLC is providing the podcast for informational purposes only.    Want more of Darnyelle? Social Media Links: http://www.instagram.com/darnyellejerveyharmon http://www.facebook.com/darnyellejerveyharmon http://www.twitter.com/darnyellejervey http://www.linkedin.com/in/darnyellejerveyharmon   Subscribe to the Move to Millions Business Podcast: Listen on iTunes Listen on Google Play Listen on Stitcher Listen on iHeartRadio Listen on Pandora   Leave us a review Are you subscribed to my podcast? If you're not, I want to encourage you to do that today. I don't want you to miss an episode. I'm adding a bunch of bonus episodes to the mix and if you're not subscribed there's a good chance, you'll miss out on those. Now if you're feeling extra loving, I would be really grateful if you left me a review over on iTunes, too. Those reviews help other people find my podcast and they're also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. Thank you!

Karen Bershad, The Small Business Advisor (North Fulton Business Radio, Episode 665) Karen Bershad, President of The Small Business Advisor, joined host John Ray on this episode of North Fulton Business Radio. She talked about her work as a Certified Profit First Professional, how she turns bookkeeping into a cash management tool both for owners to […] The post Karen Bershad, The Small Business Advisor appeared first on Business RadioX ®.

Welcome to another episode of The Profitable Cleaner podcast! In this episode, we had the pleasure of speaking with Michelle Lefever, the founder and CEO of Expand Your Edge. Michelle is an experienced, certified, trusted executive leadership coach and management consultant, and a Certified Profit First Professional and Birkman Method consultant.Michelle shared her insights on leadership development for your team and the various tools that can be used to take your team to the next level in your business. She discussed the Birkman Method, a personality assessment tool that provides insights into individual strengths, needs, and motivations. Also, Michelle delved into how the profitability of a business is a reflection of the behavior of its leader, making leadership development a key factor in business success.Overall, this episode provided valuable insights into leadership development and the tools that can be used to help teams reach their full potential. In this Profitable Cleaner Podcast, you will learn:What is the Birkman Method and how it can be used to develop leadership skills in your team.How a leader's behavior directly affects the profitability of a business.The different factors that could shape an individual's personality.The importance of leadership development for growing a successful business.How to use powerful tools and strategies to help your team reach their full potential.We highly recommend you connect with Michelle Lefever and check out Expand Your Edge and The Birkman Method:Connect with Michelle on LinkedIn hereCheck our Expand Your Edge's website here Check out the Birkman Method here Are you looking to accelerate your professional network and cleaning business? Register for our second event: The Cleaning Prophet$ 2.0 - The Statement. If you're looking for true transformation, both personally and professionally, and you're ready to make a STATEMENT about who you are and could become, this is the event for you.  Register here for The Cleaning Prophets 2.0 - The StatementIf you're in commercial cleaning and want to increase your sales, become part of our community today and get the best cleaning sales content and data in the industry. Join Our Private Profitable Cleaner FB GroupIf you enjoyed this podcast, you can help us out immensely by sharing it with a colleague and giving us a rating. We appreciate you!

How much should you charge for a 15-minute accurate diagnosis made by an A Tech? What about the same diagnosis made in four hours by your best B Tech? This week, Brian Hunnicutt visits us to discuss one of auto repair shop owners' most common struggles: setting rates that adequately represent the value they provide. As an Executive Coach and Certified Profit First Professional, Brian shares his thoughts on why most automobile repair shop owners rarely charge diagnostics properly, why they have the weird feeling of ripping their clients off when charging what they should, and how the automotive industry can deal with this. Brian explains how to identify clients that want their cars fixed and those who are looking to spend the minimum possible; he also shares three questions he came up with to keep the front counter and the technicians in alignment, and much more. In This Episode, You Will Learn:A Tech's, the prima donna of every auto repair shop (2:15)Why do some clients get the wrong idea of how much auto repair professionals' time is worth? (8:37)It's 2023, and the automotive industry still struggles to charge diagnostic time properly (12:35)Three questions to align the front counter and technicians in your auto repair shop (18:09)Connect with Brian:LinkedInLet's connect:LinkedInFacebookEmail: info@maximumoctane.com Hosted on Acast. See acast.com/privacy for more information.

Every business owner deserves to make a living wage and to have a profitable business. What's more, we need to let go of the idea that business ownership is a slog and that we have to work long hours to see a positive cash flow.   Yes, being a business owner is a challenge. But we left our day jobs so we could have more control over our time and our income. It's time to take control of our money.   This week on the podcast, I'm talking with Shannon Simmons, a Profit First Professional, about developing systems for your business, why so many of us struggle with our finances, and taking a profit in your business.   Profit First has been a game-changer for me in my business, and Shannon shares how it could be for you, too. Mentioned in This Episode   Fit For Profit Get your free Profit First Overview Follow Fit For Profit on Facebook and Instagram Connect with Shannon on LinkedIn Join the free Profit First for Wellness Business Owners Facebook group Schedule a call with me Connect with me on LinkedIn Follow me on Instagram About Shannon Simmons   Shannon has been consulting with small businesses for more than 10 years. Years ago, despite working in accounting and bookkeeping, I found myself in the uncomfortable position of not being able to pay my tax bill. (I was telling clients to save for taxes and not doing the same for myself. Oops!) I discovered Profit First and it changed my life and my business. Since then, I've become a Profit First Certified Professional and over the last decade have helped hundreds of clients create profitable businesses using this time-tested system. When she's not meeting with entrepreneurs or assessing their businesses she enjoys time with her husband and 2 children serving in their community, playing and watching sports, marveling at nature or reading a good book.   After 2 years in public accounting she saw a need to work for small business owners to teach them how to grow financially healthy businesses. She has built on her Master of Accountancy degree from Manchester University by becoming a Certified Profit First Professional and a Certified QuickBooks ProAdvisor.  

Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I'm a CPA, a Fractional CFO, and a Certified Profit First Professional at the Mastery Level. Let's dive into strategies to maximize profits in your business!  In this episode, I interview Attorney Gary Miles. He has been practicing law for more than 4 decades and he has been a trial lawyer, managing partner, leader, and entrepreneur. He loves helping folks solve their problems. He is passionate about showing people how to free themselves from the prisons that entrap them, whether that is financial, emotional or physical.   In this episode, you'll learn:  -How to navigate the unknown -Tangible and practical tools to help you overcome obstacles so you can enjoy the success and fulfillment you have always craved.  - The best actions to take in the midst of things you can't control  To learn more about Gary and the services he provides, connect with him on LinkedIn Gary Miles, or visit his website https://www.garymiles.net/   Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community.   If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business!  DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law. 

When new customers visit a shop, the unwritten rule is to give them the best treatment possible, providing that potential new client with a WOW experience. If the experience is satisfying enough, the new customer will undoubtedly recommend that shop to friends and close ones. Still, what about the second, third, or fourth time that same customer visits the shop? In today's episode, Charlene Parlett joins us to unravel precisely where most business and shop owners fail when creating memorable customer experiences. Charlene is an Executive, Leadership, Confidence, and Life Coach, passionate about helping business owners and their clients reach their dreams and accomplish their goals. Charlene is also a Certified Profit First Professional and an eternal student who loves to keep herself constantly learning. Throughout our conversation, Charlene shared a few examples of where most business owners drop the ball regarding client satisfaction and retention. We discuss the FWE (Forever WOW Experiences) approach and what should happen when customers visit our shop for the second time after a unique first experience. Charlene also shared her thoughts on providing internal customers with five-star experiences, some examples of businesses providing solid FWEs experiences, and so much more. In This Episode, You Will Learn:What is the FWE, and why should most businesses incorporate and systemize it (8:27)Why customers should enjoy the same experience every time they visit our store (10:13)Where do most business and shop owners drop the ball (16:28)Consistency is critical in customer service (24:03)You can't provide five-star treatment if you don't know how it looks like (27:19)How much is the extra cost of delivering WOW experiences? (32:54)Connect with Charlene:LinkedInLet's connect:LinkedInFacebookEmail: mopodcast@autotraining.net Hosted on Acast. See acast.com/privacy for more information.

How do you feel about putting on your CFO hat? Is it a little intimidating?In this episode, we're talking all about being the CFO of your business with Profit First Professional Jenni Davis. Jenni is teaching us what Profit First is, why it's a game-changer for your finances, and how to get started with it through her new program.This episode is a great introduction to Profit First and we're sharing all the resources you need to learn more about it. Whether you've heard of it before or not, this episode has something for you. Jenni Davis is a Certified Profit First Professional, CFO, and owner of JMD Business Solutions. With over 25 years of experience, Jenni has learned how to step into service-based business as the "Chaos Tamer," the "Money Manager," and their #2 in the day-to-day financial operations. Jenni is passionate about eradicating financial stress for business owners and equipping them to plan for profit like they've never seen before. Jenni is a Profit First coach, consultant, and educator in the online business community.At JMD Business Solutions, Jenni and her team are breaking the mold in the accounting/CFO space by combining financials and operations in a way that skyrockets cash flow and plans for profit. Through profit strategy and cash flow design, Jenni and her team come alongside their clients with a “can do” attitude and take ownership of the financial aspect of the business so they don't have to anymore. Jenni believes it's not about how much you earn, it's about how much you keep!If you need help getting your finances in order, tune in!I would love to connect on Facebook: www.facebook.com/JenTaylorConsulting & Instagram: www.instagram.com/jentaylorconsulting!Resources Mentioned:Profit First Simplified: https://4jentaylor--jmdbusinesssolutions.thrivecart.com/profit-first-simplified/ Why Profit First: https://jmdbusinesssolutions.com/why-profit-first/ Follow @jmdbusiness on Instagram: https://www.instagram.com/jmdbusiness/Follow JMD Business Solutions on Facebook: https://www.facebook.com/JMDBusinessSolutionsConnect with Jenni on LinkedIn:  https://www.linkedin.com/in/jmd-business-solutions/ Show notes available at jentaylorconsulting.com/episode23

In today's episode of Money Talkies, once again we speak to Rocky Lalvani. Rocky is a speaker and the host of the Profit Answer Man Podcast, teaching financial planning and growing your wealth. He is also the Chief Profitability Officer, and a Certified Profit-First Professional. Rocky stands by three truths: 1. Money is a tool, not an end goal. 2. Prioritising life over money is key. 3. Being intentional and purposeful makes all the difference. And in today's episode Rocky is telling us why you have the wrong equation for profit. Let's find out! Connect with Rocky here: Website: https://profitcomesfirst.com/ LinkedIn: https://www.linkedin.com/in/rocky-lalvani/ Facebook: https://www.facebook.com/rocky.lalvani.9/ Profit Answer Man Podcast: https://podcasts.apple.com/us/podcast/profit-answer-man-implementing-the-profit-first-system/id1508245322 Richer Soul Podcast: https://podcasts.apple.com/us/podcast/richer-soul/id1192509680 Instagram: https://www.instagram.com/profit_answer_man/ Twitter: https://twitter.com/rockylalvani Ready to rewrite your money story? Register to my Five Day Millionaire Mindset Makeover Workshop here: https://www.abundancemindsetmakeover.com/ Visit our website for more information: http://gullkhan.com/  

Today we learn how to pay workers on W2 instead of 1099 and how to profit first by organizing our business finances. Our guest is Abby Johnson, CEO of Matterhorn Business Development and Certified Profit First Professional for Small Business Owners.   W2 Topics: ⭐️ When to pay someone on a 1099 or a W2 ⭐️ If W2, HOW to file the correct tax filing paperwork. ⭐️ How much it costs to hire a company to do the filings for you.   Profit First topics: ⭐️ Pulling aside profit first ⭐️ Setting aside money for you the owner ⭐️ Setting aside money for taxes and operating expenses ⭐️ How to go about modeling after the Profit First system for someone making less than $250,000 in annual revenue.   Bonus episode: ⭐️ Robo advisors ⭐️ Abby's music career ⭐️ The Lion King on Broadway   Watch on Youtube: https://youtu.be/g_rwZvgCMjY   Become a patron at: www.patreon.com/artisticfinance   Artistic Finance LIVE at LDI: https://livedesigninternationalldi2022.sched.com/event/19A4f/artistic-finance-a-freelance-perspective   Women In Lighting - at LDI: https://livedesigninternationalldi2022.sched.com/event/19URq/women-in-lighting   Ayrton - Our Partner for LDI 2022: https://www.ayrton.eu/   Abby Johnson on LinkedIn: https://www.linkedin.com/in/abbywinteregg/   Abby Johnson on Youtube - Profit First Intro: https://www.youtube.com/watch?v=Yg7lNs6u15k&ab_channel=MatterhornBusinessDevelopment   Patriot Software - Payroll Software: https://www.patriotsoftware.com/payroll/   Other Payroll Companies: https://www.forbes.com/advisor/business/software/best-payroll-services/   Adventure To Profit - Work With Abby: https://matterhornbizdev.lpages.co/atp/   Previous Episodes Discussed:   Caite Hevner - Projection Designer: https://www.youtube.com/watch?v=4ihwRyimcGw&t=4s&ab_channel=ArtisticFinance   Najah Roberts - Cryptocurrency & Bitcoin: https://www.youtube.com/watch?v=iI1uTM469oI&ab_channel=ArtisticFinance   Ken Billington - Lighting Designer: https://www.youtube.com/watch?v=cuojA4i6y5c&ab_channel=ArtisticFinance   Become a patron at: www.patreon.com/artisticfinance   Interview by Ethan Steimel

One thing that many of us have in common is getting shiny object syndrome when it comes to looking for ways to grow our practice. Knowing how to tell the difference between shiny objects and an actual growth opportunity can save you time, money, and headaches. Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they evaluate opportunities and have fallen into the trap of shiny object syndrome. 

One thing that many of us have in common is getting shiny object syndrome when it comes to looking for ways to grow our practice. Knowing how to tell the difference between shiny objects and an actual growth opportunity can save you time, money, and headaches. Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they evaluate opportunities and have fallen into the trap of shiny object syndrome. 

One thing that many of us have in common is getting shiny object syndrome when it comes to looking for ways to grow our practice. Knowing how to tell the difference between shiny objects and an actual growth opportunity can save you time, money, and headaches. Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they evaluate opportunities and have fallen into the trap of shiny object syndrome. 

In this episode, I speak about the Profit First Method with Jenni Davis.   She  is a Certified Profit First Professional, CFO and owner of JMD Business Solutions. With over 25 years of experience, Jenni has learned how to step into service based business as the "Chaos Tamer", the "Money Manager" and their #2 in the day to day financial operations.    Jenni is passionate about eradicating financial stress for business owners and equipping them to plan for profit like they've never seen before.    As a Profit First coach, consultant and educator in the online business community, Jenni is the right guest for this episode and we highlight:   What exactly profit is and what it is not Why many entrepreneurs struggle with the concept of profit How a normal business can take its profit What Profit First is and how it works Why it is necessary for you to have several bank accounts   If you are looking to transform your business, this is the episode for you. Press play to listen in. Grab full shownotes here Connect with Holly Cain   Instagram Facebook   Connect with Jenni Davis   Website Profit Simplified Instagram LinkedIn Facebook   Listen, rate, and subscribe!

One thing that many of us have in common is getting shiny object syndrome when it comes to looking for ways to grow our practice. Knowing how to tell the difference between shiny objects and an actual growth opportunity can save you time, money, and headaches. Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they evaluate opportunities and have fallen into the trap of shiny object syndrome. 

Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they learned to manage the growth of their practice.

How do I track my practice's success? What numbers do I use? Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they track their practice's performance.  In this episode, we discuss Key Performance Indicators for the practice as well as for ourselves and our employees. 

In this episode, we debunk the myth that business owners should focus on driving top-line revenue to grow. Rocky Lalvani is a Certified Profit First Professional who got his first taste of what it's like to build wealth from the ground up after moving with his family to America from India at three years old with only $25. Rocky educates business owners on implementing systems in their business so that money flows where it should. Visit https://profitcomesfirst.com/ to listen to the Profit Answer Man Podcast and get 2 free chapters of the Profit First book! // Find Rocky Lalvani Online: Website: https://profitcomesfirst.com/ Facebook: https://www.facebook.com/rocky.lalvani.9/ LinkedIn: https://www.linkedin.com/in/rocky-lalvani/ Twitter: https://twitter.com/rockylalvani // RESOURCES to Hustle Less and Profit More ⬇️ FREE Content Planning Playbook To Create Less Content & Convert More Prospects

In this episode, we debunk the myth that business owners should focus on driving top-line revenue to grow. Rocky Lalvani is a Certified Profit First Professional who got his first taste of what it's like to build wealth from the ground up after moving with his family to America from India at three years old with only $25. Rocky educates business owners on implementing systems in their business so that money flows where it should. Visit https://profitcomesfirst.com/ to listen to the Profit Answer Man Podcast and get 2 free chapters of the Profit First book! // Find Rocky Lalvani Online: Website: https://profitcomesfirst.com/ Facebook: https://www.facebook.com/rocky.lalvani.9/ LinkedIn: https://www.linkedin.com/in/rocky-lalvani/ Twitter: https://twitter.com/rockylalvani // RESOURCES to Hustle Less and Profit More ⬇️ FREE Content Planning Playbook To Create Less Content & Convert More Prospects

This week, Roger talks with Jeff Cohen, a Desired Speaker, Certified Profit First Professional, Management Consultant & Business Coach, with over 20 years of entrepreneurial experience, who also appeared and went toe-to-toe with the Sharks on ABC's ‘Shark Tank'.  They discuss matters of accountability and how as entrepreneurs we can be responsible and accountable for our actions and create a culture of accountability in our businesses.  Jeff also reflects on his personal failures, declaring bankruptcy during the height of the 2007 recession, and the lessons he learned from this experience. Your Host: Roger Knecht, president of Universal Accounting Center Our Guest: Jeff Cohen Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth.   Offers: To get the  first chapter of the Countonable book for free, click on this link  www.countonable.com  Download the free resources and the first chapter of the book. Feel free to reach out and schedule with his team Get your free copy of Profit First Get a FREE copy of this book all accounting professionals should use to work on their business and become profitable.  This is a must-have addition to every accountant's library to provide to have the premier accounting business today: “in the BLACK, nine principles to make your business profitable” – e-book   For Additional FREE Resources for accounting professionals check out this collection HERE!   Be sure to join us for GrowCon, the LIVE event for accounting professionals to work ON their business. This is a conference you don't want to miss.   Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe.   Also, let us know what you think of the podcast and please share any suggestion you may have.  We look forward to your input: Podcast Feedback For more information on how you can apply these principles in your business please visit us at www.universalaccountingschool.com or call us at 801.265.3777

Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Dr. Mary K Geyer to discuss some of her insights on how she built her medical practice. 

Annette is the CEO of Annette & Co. she helps entrepreneurs find clarity in their numbers, increase their wealth and take more money home in their pockets. She is a Chartered Accountant, Certified Profit First Professional, profit mentor as well as an income strategist and entrepreneur of over 12 years. We spoke about: Her journey to now. What motivates her. Weaknesses she turned into strengths. Advice for the audience. And much more. This episode is sponsored by Nova Zora Digital experts in digital marketing. *Disclaimer: The views and opinions on Roman Prokopchuk's Digital Savage Experience are those of the guest's alone as their own, and the host's alone as his own. Information provided by the guest is fact checked to the best of our abilities. By providing background information to the show, the guest acknowledges that it is as accurate as possible. The show does not endorse, promote, or is in association with the guest's business interests.* --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

At some point in time, the overwhelm train can blindside us and make us spiral out of control. One way to get ahead of the train is to start Saying No to things that make your life and practice difficult. Not sure how to do it? Or even what to do it on?   Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they freed themselves up by saying no to things in their practice.

Running your own practice can be a rollercoaster with great highs and extreme lows. How do you stop yourself from becoming fearful of making the next big move? Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they work on overcoming fear during difficult times.

Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they learned that being intentional with their practice, would help them build a practice they love. 

Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they learned that being intentional with their practice, would help them build a practice they love. 

Inflation is happening. What changes do you need to consider to protect your practice, employees, and yourself in today's market.  Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about a  Current Event Topic regarding inflation. In this episode, they discuss changes they made to protect their practice. 

How do I stay the course when creating my ideal practice?  Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they focused in on the vision of their practice.

Having help is both scary and freeing at the same time. How do you know when it's time to hire help? What do you have them do? How much do you pay?  Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they knew it was time to get help to free up some of their time. 

When you're first starting out, you likely have more time than money. One of the best ways to market your business when you are limited on funding is by participating in community events.  Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they built a reputation through events. 

How much should I charge for my services? How much money do I need to generate to pay for my bills? What game am I playing?    Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alex and Matt about how they figured out their pricing.

Where did all my time go? How do I make time to grow my business AND see patients? When do I take time off?  Join Dan Daugs, host of the Naturopathic CEO and Certified Profit First Professional, as he discusses what lessons Drs. Alex & Matt learned about managing their time to manage their practice.

Join Dan Daugs, host of The Naturopathic CEO and Certified Profit First Professional, as he discusses the importance of finding your financial motivation with Drs. Alexandra Mayer and Matthew Hernandez. 

In this week's episode, we welcome Chief Profitability Officer, Rocky Lalvani as he shares some key strategies to optimizing your business finances. KEY TAKEAWAYS FROM THIS EPISODE: How to design a profitable business Dealing with unpredictability in how we plan our business The most common problem every business owners experience. What the role of a CPA should - and shouldn't - be in your business THIS WEEK'S GUEST Rocky Lalvani serves as a Chief Profitability Officer for small business owners on a fractional basis. He is a Certified Profit First Professional and helps business owners implement the system to ensure maximum profitability and maximum cash flow. Rocky helps business owners transform their business from a cash-eating monster into a money-making machine. He ensures your business is always profitable and you - the owner - gets paid. For more information, or to get in touch with Rocky, check out: Website: https://profitcomesfirst.com/ LinkedIn: linkedin.com/in/rocky-lalvani YOUR HOST Simon Lader is the host of The Conference Room, Co-Founder of global executive search firm Salisi Human Capital, and online coaching firm Salisi Academy. Since 1997, Simon has helped Senior Executives achieve Life Transformation through finding their ideal job and consulted with leading enterprise software and cybersecurity vendors to build highly effective teams. Get to know more about Simon at: Podcast: https://theconferenceroompodcast.com Website: https://simonlader.com/ Blog: blog.salisi.com Twitter: https://twitter.com/simonlader LinkedIn: https://www.linkedin.com/in/headhuntersimonlader Spotify: https://open.spotify.com/show/3dd0obQSM8cYRV0HCxiuF0

Join Dan Daugs, host of The Naturopathic CEO and Certified Profit First Professional, as he discusses the importance of having a healthy money mindset with Drs. Alexandra Mayer and Matthew Hernandez. 

Join Dan Daugs, host of The Naturopathic CEO and Certified Profit First Professional, as he discusses the importance of having a growth mindset with Drs. Alexandra Mayer and Matthew Hernandez. 

Join Dan Daugs, host of The Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alexandra Mayer and Matthew Hernandez to learn how they built a team of trusted advisors who helped them navigate their business decisions. 

Join Dan Daugs, host of The Naturopathic CEO and Certified Profit First Professional, as he interviews Drs. Alexandra Mayer and Matthew Hernandez to learn how they started to grow their practice through networking. 

Proven strategy to help business owners make & keep more money in less time.ABOUT SUSANNESusanne Mariga left the corporate world of accounting to found her own firm, Mariga CPA PLLC in 2008. She is a Certified Profit First Professional at the Mastery Level and is passionate about helping small business owners and entrepreneurs maximize their revenue and grow their businesses. Susanne is the host of the Profit Talk Podcast and the author of the book, Profit First for Minority Business Enterprises.CONNECT WITH SUSANNE & HER WORKProfit First for Minority Business Enterprises - The BookThe Profit Talk PodcastSusanne Mariga | LinkedInSTART YOUR 3-DAY WEEKEND JOURNEYEmployees, Side-Hustlers, Freelancers, Solopreneurs, Business Owners, Executives, and Everyone in between can start creating a 3-Day Weekend or similar Lifestyle.3-Day Weekend Club can help you get started for free.It's a community of people working to create their 3-Day Weekend or similar lifestyle.You can create your 3-Day Weekend Game PlanThen decide if you'll follow the Employee track or the Entrepreneur track.Join Now or check out the other resources below.3-DAY WEEKEND CLUB LINKSEmail Updates, Free Online Courses, Subscribe to the Podcast, Social Media & MoreGo to the Links Page

Most of us start our businesses to make a profit, but sometimes it could feel like we just can't get ahead. Whether you've heard of the cash management system Profit First or not, you will learn so much from this episode. My next guest is Susanne Mariga, a CPA and a Certified Profit First Professional. I am pumped to chat with her about the Profit First system and how she uses this approach with her clients to help them ensure success and long-term financial stability in their businesses. In addition to her recently published book, Profit First for Minority Business Enterprise, she has partnered with the non-profit organization Hope Worldwide where part of the proceeds from the book help fund scholarships for girls to go to school in Zimbabwe. Check out Susanne's free masterclass where she teaches the ins and outs of Profit First by joining her Facebook Group. For more info, you can also visit her website and don't forget to tune in to The Profit Talk podcast wherever you listen to podcasts. Follow her on all the socials: Instagram, Facebook, Twitter & LinkedIn!   November 10th we will be hosting our 2nd Annual Interior Design Business Success Summit! Registration is now open! We hope to see you there! Thank you to our sponsors for their support!  Satanoff Insurance is focused on face-to-face connections and customized coverage … Be sure to tell them we sent you!  Foyr Interior Design Software helps you create 3D floor plans & Interior Designs … Check them out!    To stay in touch with Michelle, please follow her on Instagram and join our Free Facebook Community! Have ideas or suggestions or want to be considered as a guest on the show? Email me!

A lot of times, we're so focused on the revenue that we forget about the bottom line and before you know it, it's like you bring in all this revenue, but so much of the expenses are going right out the door because you didn't have a proper plan in place” - Dr. Ranelli A. Williams Welcome to the Marketing To Millions Podcast, I'm your host, Liz Boer! Today I'm speaking with Dr. Ranelli A. Williams, a CPA, all about setting your business up for success aka for profit, money mistakes that business owners make, and tips for maximizing tax savings.   Dr. Ranelli A. Williams, CPA is passionate about service and helping individuals create breakthroughs in their lives and business. She is a Certified Public Accountant (CPA), Certified Profit First Professional, best-selling author, and award-nominated speaker, empowering career professionals and professional service providers to take control of their money as they work towards building a strong financial legacy.In addition, Dr. Ranelli is Co-Founder with her husband, Eric Williams of ERJ Services, LLC, where they provide profit-focused and strategic consulting services so that professional service providers are equipped to make sense of their numbers and empowered to build strong financial legacies that lead to generational wealth.In this episode we cover  [00:01 - 07:51] Introducing Dr. Ranelli Williams    [07:52 - 19:22] First Steps When Starting a Business [19:23 - 27:41] Strategies for Maximizing Tax Savings [27:41 - 36:05] Setting Up Your Business Using The Profit First Method [36:06 - 38:58] Closing SegmentKey Quotes“Absolutely make sure that you're keeping personal finances separated from business finances.” - Dr. Ranelli A. Williams “A lot of people forget that a huge benefit of being the owner of your business is that you can structure it in a way to support your family to support your lifestyle.” - Liz Boer  “Profit first is a cash management system that helps the business owner prioritize profits in their business.” - Dr. Ranelli A. Williams Resources Mentioned Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz  Connect with Dr. Ranelli Visit her website www.erjservices.com or send her an email info@erjservices.com FB group Profitable Entrepreneurs Network: https://www.facebook.com/groups/moreprofitsIG: https://www.instagram.com/drranelliwilliams/ Let's get connected!  You can find me on Instagram and Facebook. Visit my website https://lizboer.com  Join the Marketing to Millions FB Group  LEAVE A REVIEW + and SHARE this episode with someone you know who wants to build their online business, influence, and brand. You can listen to Marketing to Millions on Spotify

Susanne Mariga is a CPA, Certified Profit First Professional, Author, and Host of the Profit Talk Podcast. She has over 20 years of experience helping clients achieve long-term financial stability by leveraging tax strategies. Susanne works with MBE's and six and seven-figure entrepreneurs to give them the tools to attain record-breaking financial independence. She uses the Profit First systems and strategies to scale businesses and help companies achieve new levels of profitability. Her book, Profit First For Minority Business Enterprises, aims to even the platform and empower the "have nots" with the secret strategies and mindsets of those that "have". In today's episode, Susanne explores the most significant mistakes she sees entrepreneurs making regarding business finances. She highlights the different struggles minority enterprises have to deal with and why she chose to write her book under the Profit First brand. We discuss the definition of what a Minority Business Enterprise is and how to achieve the certification. She explains why a strong billing strategy is essential and the proper mechanisms for establishing owner's pay. She shares what the Profit First system is and what you need to consider about EIDL loans. Susanne also reveals some tax advantages available due to the pandemic and tips for anyone struggling to pay quarterly taxes. “As an owner, you owe it to yourself to pay yourself.” - Susanne Mariga This week on SmallBizChat Podcast: Resources Mentioned: Connect with Susanne Mariga: Become Your Own Boss Book GIVEAWAY! The 2020 pandemic has been so hard on America's small businesses - and America in general. If you're ready to start your dream business, then look no further! I'm currently giving away 1,000 free copies of my best-selling book: Become Your Own Boss in 12 Months. This book has helped over 100,000 people like you to start, build, and grow their small businesses… and now it's your time to shine. All you have to do to get your hands on a free copy is head over to www.beginmybiz.com/freeoffer to sign up for your free offer. You only pay shipping. Let's End Small Business Failure - Together! Thanks for tuning into this week's episode of the SmallBizChat Podcast - the show on a mission to improve small business success. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word and end small business failure by sharing your favorite episodes with your friends and colleagues on social media. Visit our website or follow us on Facebook, Twitter, LinkedIn, Instagram, or YouTube for more great content, tips, and strategies to improve your small business.See omnystudio.com/listener for privacy information.