5-Bullet Review: Your Weekly Profit First Tips

5-Bullet Friday: Your Weekly Business Boost

Table of Contents

• 1️⃣ Business Hack of the Week:

• 2️⃣ School Fees Tip:

• 3️⃣ The 4 Types of Accountants:

• 4️⃣ Is Your Business Broken? 🔥

• 5️⃣ Books I'm Loving:

• Want some help?

1️⃣ Business Hack of the Week:

Ever feel like creating processes takes forever? Here's a hack: Use tools like Loom or Firefly's AI to record your screen while explaining a process. Get a transcript, paste it into ChatGPT, and voilà—your SOP is ready! This method has revolutionized our process creation, making it 20 times faster. Try it out and see the difference it makes!

Learn more from my 3 min video HERE

2️⃣ School Fees Tip:

Wondering about claiming school fees through your business? While you can't directly claim them, employing your child as a salaried employee might save you on taxes. If they're 13 or older, this could be a smart move. I've made some videos on this topic—check them out for more insights. Remember, always consult with a professional to tailor strategies to your unique situation.

3️⃣ The 4 Types of Accountants:

• The Dinosaur Accountant: Stuck in the past, missing out on new tech and methods.

• The Missing Accountant: Often unresponsive, causing delays and bottlenecks.

• The Box Ticker: Does the bare minimum, focusing solely on compliance.

• The Entrepreneurial Accountant: A proactive, strategic partner. At CTA Accountants, we're Profit First Certified, offering innovative solutions to boost profitability and cash flow.

4️⃣ Is Your Business Broken? 🔥

Profit First is your financial smoke alarm. Struggling with its implementation? It's a sign of deeper issues. Don't wait for annual accounts to reveal the damage. Check out my new blog post to spot these warning signs early. Let's tackle these challenges and ensure sustainable growth.

5️⃣ Books I'm Loving:

"The Surrender Experiment" by Michael A. Singer. This book is teaching me the art of going with the flow and embracing life's journey. It's a transformative read that I highly recommend for anyone looking to align their business and personal life with a more mindful approach.

Want some help?

3 Ways I can help you.

1. If you are not a client then you can book a call HERE so we can learn more about your business.

2. If you are a client and we don’t already help you with Profit First, email me via [email protected] to arrange a chat about the Profit First System and how it can increase your cash balance and profits (guaranteed)

3. Get some tax tips from my TikTok HERE