Updated: Mar 17
On average, it takes about 2 to 3 years for a business to become profitable (FreshBooks). However, this can even be much longer for certain businesses.
And while it's easy for big companies with lots of revenue to achieve profitability, startup businesses that require funds to run need much more time and effort to break even.
This is why making profit a priority right from the very beginning of your business is crucial. And this can only happen if you've got a fool-proof plan like the Profit First Principle.
By making a small change in your profit formula, you can achieve sustainable profits and financial security!
Have I gotten your attention now? Well, here's the secret:
When you're using the Profit First approach, you pay yourself and your business before anything else, and watch how you'll be able to manage expenses that much easier!💸💸
Eager to try it out? Let's have a chat!😉💚
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