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Cash, Bank, Bank Statements, Accountant, Xero

Can I implement Profit First as a sole trader? How can I have multiple bank accounts?

You 100% can implement Profit First as a sole trader (and we have a number of clients that are sole traders and running Profit First).  There is really no difference between how you run Profit First as a sole trader and a limited company.  The thing is, as a sole trader, you are still supposed …

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Chartered Accountants, Financial, Accounting, Profit First Professional, Bookkeeping, Health, Wealth, Mindfulness

Money Maker Myth #016 – We’re NOT Purchasing Any New Equipment/Tech Because We Are Operating Frugally In Order To Be Profitable

It is super important to have a handle on spending, but it is also important to ensure that equipment and tech in your business is fit for purpose. If you have a computer that crashes every 2 hours, that means you are significantly less productive than you should be. That means you are losing money. …

Money Maker Myth #016 – We’re NOT Purchasing Any New Equipment/Tech Because We Are Operating Frugally In Order To Be Profitable Read More »