Profit First LIVE Workshop
A Workshop That Teaches You To Do Profit First Right!
Live Training
Real Time Feedback
Designed Specifically for Entrepreneurs
Is Cash A Major Source of Stress For You?
At AMZ Accounting, we know you want to feel empowered to make profit a permanent reality for your business. In order to do that, you need a way to understand your business’s finances and a system to make profitability happen on purpose.
The problem is, traditional financial statements focus on the past and can be difficult to understand, and you aren’t an accountant. What’s worse, your accountant seems to be speaking a different language. This leaves you feeling confused, frustrated, and wondering if profitability will ever “happen” for your business.
We believe you should be able to understand your business’s finances and take charge of your profitability. We understand the frustration of not knowing how to intentionally make profitability a reality in your business, which is why we have designed an 8-week live workshop to help you implement the Profit First methodology in your business. This is the exact same training we have used to help hundreds of business owners to take charge of their profitability.
Permanently.
1. Are you sure if you are doing Profit First right?
2. Does your stress grow along with your business growth?
3. Do you struggle to achieve financial freedom?
4. Does profit seem like a distant dream?
5. Are you ready to make your business permanently profitable?
So if you’re ready to start generating profit in your business
Week 1
Profit First Concepts
You will discover the step-by-step Profit First system that shows you how to radically change the financial health of your business… from your very next deposit. Learn how to quit being a slave to your business and learn how to make some serious profit.
Week 2
How Healthy Is My Business?
This week we will determine the financial health of your business using the Profit First method. This evaluation will show you where your business stands in regards to your Profit First Target Allocation Percentages.
Week 3
The Plan
Rome wasn’t built in a day, and your Profit account won’t be, either. A slow, steady implementation of Profit First will help you reach your Target Allocation Percentages without backsliding into old behaviors. Your custom Roll Out Plan will be your roadmap on this journey.
Some business owners find they need additional Profit First bank accounts to help them get the clarity they need and manage their cash more effectively. We’ll discuss any special bank accounts you may need in your business.
You have determined your CAPs, TAPs, and your Roll Out Plan. You know what bank accounts you need, and you know how much to allocate to each. Now it’s time to commit to your allocation rhythm.
Week 4
It's All About Efficiency
A common misconception about Profit First is that the methodology focuses entirely on reducing expenses. While expense reduction is one focus of Profit First, there are a number of additional opportunities to improve the profitability of your business. We call these “Profit Points.”
Week 5
Goal Setting
Now it’s time to think big. What personal financial goals have you NOT been able to reach with your current income? Again, think beyond survival. Do you want to buy a boat? How about a vacation home? Do you dream of traveling more than you currently do?
We’ll take that number and determine what Real Revenue your business needs to generate in order for you to reach those personal financial goals.
Week 6
Cash Flow Planning
Gain total control of your money. Learn to prioritize and give purpose to your money and minimize financial stress - even in uncertain times.
Week 7
Q & A Session
A one-hour session where I’ll be answering all your Profit First questions.
Week 8
Q & A Session
A one-hour session where I’ll be answering all of your Profit First questions. For anyone who wants to share, we will take your work and review for help and feedback. (Prior submission is required and will be selected based on time available)
Instructor - Lisa Corbitt, CPA, MAFM
My name is Lisa Corbitt, and I am a Certified Public Accountant and have a Masters Degree in Accounting and Financial Management. My mission is to educate and empower entrepreneurs to gain clarity and control over their finances and build PROFITABLE businesses that support their lifestyle. I am a certified Profit First Professional, have direct hands-on experience increasing the profits for hundreds of businesses, and collaborate with other Profit First Specialists throughout the globe. This means I have the strategies to make your business more profitable than it has ever been before.
Here’s what you’re getting when you enroll today:
Profit First Workshop - $1,500 Value
- Six live training sessions
- Two live Q&A Sessions
- Create your very own profit blueprint
- Lifetime access to ALL workshop recordings and materials
You are moments away from making your business permanently profitable, the right way. We can’t wait to work with you!
Pay Monthly
2 Monthly Payments of
$199
OR
Pay Upfront
1 Payment of
$379
Frequently Asked Questions
What people asked before signing up for the Profit First Workshop
Always start right away. By implementing the system you will force profitability (not wait for it). Start at a low percentage... maybe 1%, but get started NOW!
After enrolling, you have unlimited lifetime access to this course - across any and all devices you own.
Immediately. In fact the sooner you start with Profit First the sooner you will master financial discipline and force your business to run efficiently. No matter how new or established your business is, you should not wait to implement Profit First.
Profit First is a percentage based system, so it works irrespective of currency or dollar amounts. Just convert your currency to US currency to find your revenue range and the corresponding TAPs. Then follow the process as normal.
Since the TAPs are just targets. Every quarter you will need to adjust up and closer to your TAPs and find what is working for your business. Additionally you may discover that your tax allocation needs to be higher. If that is the case, adjust the allocations accordingly.
Perfecting the allocation percentages is secondary to just getting started. Over time you will find the perfect percentages for your business.
Yes. While the full explanation would represent another book (hint. hint.), the premise is the same. Set up multiple bank accounts: 1. Income (for deposits only); 2. Financial Freedom (the same as a Profit account); 3. Fun (similar to Owner’s Pay); 4. Big Purchases (savings for car, home, etc.); 5. Living Expenses (similar to Operating Expenses); 6. Family Member 1 Expenses; 7. Family Member 2 Expenses, etc.
Money comes into the Income account and on the 10th and 25th the allocations happen. The Living Expenses is the account for ongoing household expenses. The Family Member Expenses accounts are the accounts for the family members with personal spending budgets (usually wife and husband), and these are linked to debit cards.
Hopefully that is enough to get you started. Never forget this system is flexible, you can change percentages to match your needs and you can set up additional accounts. The key is to always separate out your profit (in this case the Financial Freedom and Fun accounts) before anything goes to expenses.
Profit First Professionals is an exclusive community of accountants, bookkeepers and business coaches who are certified in the Profit First methodology to help their clients build highly profitable businesses.
The additional bookkeeping time required to manage and reconcile multiple accounts for Profit First is negligible, and possibly even more efficient than one using just one account. With Profit First you simply need to reconcile the deposits and periodic transfers from the Income account. All expenses and payment come from the OpEx account. And all the other accounts are typically a single transfer in on the 10th and another on the 25th, and a single transfer out at those times. It is easy to manage and reconcile. More importantly the Profit First benefits of instantly knowing what money is allocated to what purpose will have profound effects on the financial health of your business. No excuses. Set up the multiple accounts. Do it now!
Here’s what you’re getting when you enroll today:
Profit First Workshop - $1,500 Value
- Six live training sessions
- Two live Q&A sessions
- Create your very own profit blueprint
- Lifetime access to ALL workshop recordings and materials
You are moments away from making your business permanently profitable, the right way. We can’t wait to work with you!
Pay Monthly
2 Monthly Payments of
$199
OR
Pay Upfront
1 Payment of
$379
What's My Investment?
How much are you losing month in and month out by not being profitable? What is the cost of struggling to cover payroll or rent? What is the cost of poor sleep and constant stress caused by financial worry?
The most important investment an entrepreneur can make is to properly execute on a plan that brings permanent profitability to their business. And that is exactly what we are going to do in the Profit First Live Workshop.
Live Training - Real Time Feedback - Designed Specifically for Entrepreneurs
What if, rather than you serving your business, your business served you? What if you could turn a profit from your very next deposit? And what if you had the power to guarantee that profitability?
What you’ll get out of this course:
- Learn how to transition from your current cash management system and implement Profit First correctly in your business.
- Create a customized Profit Blueprint. This is your road map to permanent profitability.
- Learn how to listen to your business and make the changes which will ensure your profitability beyond implementation of Profit First.
Are you ready to make profit a permanent reality for your business?
- Are you sure if you are doing Profit First right?
- Does your stress grow along with your business growth?
- Do you struggle to achieve financial freedom?
- Does profit seem like a distant dream?
- Do you get anxious around tax season?
- Are you ready to make your business permanently profitable?
If you said “yes” to at least 4 of the above, I can’t wait to meet you inside the Profit First Workshop!
Here’s what you’re getting when you enroll today:
Profit First Workshop - $1,500 Value
- Six live training sessions
- Two live Q&A sessions
- Create your very own profit blueprint
- Lifetime access to ALL workshop recordings and materials
You are moments away from making your business permanently profitable, the right way. We can’t wait to work with you!
Pay Monthly
2 Monthly Payments of
$199
OR
Pay Upfront
1 Payment of
$379
