Profit Focused Business Model
Failing to make a Profit and/or running out of cash to pay bills is particularly acute in small businesses where the owner/operators do not necessarily have much experience in financial matters and find themselves in an unexpected cashflow crisis.
The Profit Autopilot turns conventional accounting on its head by starting with a focus on Profit first. It also introduces a simple set of "Piggy Banks" that give you a “set and forget” approach so that when tax and other expenses become due, you have sufficient funds to pay. And, along the way, you have also taken out not only a Wage but a Profit as well.
In this Profit Autopilot Skills Module we turn the traditional approach to measuring a Profit on its head.
Subscribe to see how “Piggy Banks” change this formula so that you can be confident of not only taking a wage but a Profit as well.
For more background information to this Skills Module go to:
SM6.0 Profit Autopilot - Introduction
The following articles are included in the Skills Module:
SM6.1 Background Information
SM6.2 Profit Focused Business Model
SM6.3 Focused Business Model Video 1
SM6.4 Business Model Video 2
SM6.5 "Piggy Banks"
SM6.6 "Piggy Banks" Video
SM6.7 Wrap-up and What's Next