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Profit First Professionals Australia in Melbourne, Victoria, Australia | Consultation agency



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Profit First Professionals Australia

Locality: Melbourne, Victoria, Australia



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24.01.2022 Profit First Professionals look at the big picture and help you gain the understanding you need to improve your overall business.



24.01.2022 What percentage do YOU allocate for taxes using Profit First?

24.01.2022 I had the best time presenting to Kate Toon membership all about Profit First! Was so much fun and now more business owners will be putting their profit first!

19.01.2022 ATO Updates Previous Guidance on JobKeeper Calculations Relating to Cash or Accruals (Invoice) Based calculations The ATO previously stated that you can calculate your JobKeeper turnover on either a cash basis or accruals basis, as long as this basis was consistent between comparison periods. The ATO are still allowing this, but have also said As a practical matter, we expect that you will use the GST accounting method that you normally use.... The ATO have also said that if you account for GST on an accruals basis, but seek to calculate on a cash basis (or vice versa), they may seek to understand your circumstances to ensure that the calculation achieves an appropriate reflection of your turnover. One of the key ATO intentions is to stop businesses deferring sales invoices so that turnover is reduced for April and the business becomes eligible for JobKeeper payments. If you have calculated JobKeeper turnover on a basis different to how you report GST, its advised to document why you have done this and why it is reasonable to use this basis of calculation. If you are unsure whether you are eligible for JobKeeper, double-check revenue and ensure you are clear about the comparison periods https://bit.ly/3drOHe5



19.01.2022 Profit First will help you tread the path to profitability and more...

17.01.2022 You are your most important employee, and you need to treat yourself just as you would any other staff member who is integral to the success of the company. Its true. You cant support your business or your employees if you arent supporting yourself. Learn more about Profit First and how to begin to pay yourself fairly!

17.01.2022 As a business owner, it is key to learn the four business essentials to create a sustainable and profitable business. Read on to find out more... https://bit.ly/2WUDVIc



14.01.2022 Yes Profit First is designed to work with any business, in any industry.

13.01.2022 When did you first read Profit First?

13.01.2022 During our April Facebook live, Profit First Australia CEO, Laura Elkaslassy sat down with Craig Minter from Mints CD Consulting to discuss Profit First in these challenging and unprecedented times. https://bit.ly/3fKrt4Z

13.01.2022 Collaborate with top professionals who support each others success while championing entrepreneurial financial health. You will also gain exclusive access to the Profit First Professionals online community and exclusive in-person events.

11.01.2022 Running a small business is no easy feat. Theres always something else on your never-ending list of responsibilities and when youre forever slogging away in your business for little to no return its easy to wonder if its all worth it. If this is where youre at, then this article is for you. https://bit.ly/33ZWyfl



11.01.2022 Take a read and find out why thousands of entrepreneurs worldwide attest to using Profit First in their business. https://bit.ly/33ZLj6S

10.01.2022 If you are being told that profit is your bottom line, that belief is, in fact, damaging your business. Its human nature, that what comes last is ignored and what comes first is priority. Thats why profit must come first. Always.

10.01.2022 Find out what made Sandra Price want to become a Profit First professional. Thank you to Sandra for taking the time to chat and share her story. https://bit.ly/3aFIbiI

10.01.2022 Looking for a Profit First Professional near you? Take a little look at the amazing Australian PFPs to find one close to you. Remember that some can also work online so location may not even matter! https://profitfirstaustralia.com.au/find-a-profit-first-pr/

10.01.2022 Need more info about the Jobkeeper Payment? Angus Morrison has prepared this informative handout to answer all of your questions about this new subsidy. Access it here - https://bit.ly/2yfeIOR

08.01.2022 A Profit First Professional is someone who is known as a strategic, trusted advisor and an integral part of their clients business success. Why Become A Profit First Professional? Easily attract high quality clients who want experts like you to give them the financial systems and guidance to achieve maximum profitability.

08.01.2022 With Profit First you to flip the formula to Sales Profit = Expenses. Logically the math is the same, but from the standpoint of the entrepreneurs behaviour it is radically different. With Profit First, you take a predetermined percentage of profit from every sale first, and only the remainder is available for expenses.

08.01.2022 Nikki from Eyestyles Optical and Boutique had great things to say about Profit First...

08.01.2022 Business owners and entrepreneurs who want to instantly increase profitability, eliminate debt and enjoy financial freedom on a level that you never have before, youve come to the right place.

07.01.2022 In this very helpful video, Angus Morrison from Angus Morrison Accounting & Business Solutions walks you through everything you need to know about the Australian Governments recently announced Jobkeeper Payments. https://bit.ly/2S2GHbc

07.01.2022 Q: Please tell us who you are and what you do. A: Im an accountant. Ive been an accountant for a very long time. I have been doing what I do for 35 years which makes me feel quite old but it wasnt until I met Profit First that I realised that there was a far better way. Q: Tell us about your implementation of Profit First in your business. What differences did that make for you?... A: Its been a huge change for us to be able to manage our money in a sensible way that spreads the money across to the months where theres not always enough. Q: For those that may considering becoming a Profit First professional, what should they consider and what do they need to know? A: They need to allow themselves enough time. When I did it I thought Im clever, I can get this over quickly, but thats not quite true. You have to follow the process, its not a rushed process, and you have to actually implement it. Its not just learning, as you implement it, of course, you understand it better, and understand your own emotions as they change because suddenly youre not thinking in the same way anymore." Edie May Profit First Professional

06.01.2022 "This is a book so well written and targeted to YOU that you will think Mikes been hiding under your desk." Take a read of this fabulous book review by Small Business Trends.

06.01.2022 Join Profit First Professionals for exclusive access to live, in-person workshops, led by top Profit First experts to help you get personalised, hands-on growth in your business. Not to mention the networking opportunities with other Profit First Professionals, as well as access to a rapidly growing community who are all about putting profit first!

05.01.2022 Jodi Porteous started her business in 2002 as an accountancy business, but that has now evolved to also encompass business support and training. Here, Jodi shares some great business tips. Read on to find out more... https://bit.ly/3bAtdL1

03.01.2022 Want the best business book? Cross my heart and hope to die, Profit First is the one to buy!

03.01.2022 In the comments, describe Profit First in ONE WORD.

03.01.2022 Your business is a reflection of who you are; every problem, every success, and every moment. Its all you. So what about your employees? Are they fantastic men and women you and your customers can count on?

01.01.2022 Have you read any of Mike Michalowiczs other books? If so, which ones?

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