Mick Kling – Profit First: Eradicating Practice Poverty

In this course, you will learn the revolutionary cash flow management strategy detailed in entrepreneur Mike Michalowicz’s game-changing book, Profit First, designed specifically with the optometric business owner in mind.

Profit First is a unique, pay yourself first cash flow management system which allows you to work with your existing habits of running your practice. There are no complicated accounting methods to learn, just a simple, common sense approach to managing your money.

What You’ll Learn In Profit First: Eradicating Practice Poverty

Module 1: Introduction To Profit First

• Introduction To Profit First
• The State Of America
• Profit Is A Choice
• Bank Balance Accounting
• The Cash Flow Pinch
• The Profit First Formula
• Overview: The Four Core Principles of Profit First
• The Four Core Principles In Detail
• The Five Core Accounts
• Creating No Temptation Accounts
• Making Allocations
• Introduction To Profit First: Recap
• Module 1: Quiz

Module 2: Putting Profit First Into Action

• Putting Profit First Into Action
• Determining Your TAPs and CAPs
• Naming Your Accounts
• Managing The Hold Accounts
• Building An Emergency Fund vs. Paying Off Debt
• Destroying Debt In Your Practice
• Eradicating Unnecessary Expenses
• Dealing With Loss Aversion
• Module Two Recap
• Module 2 Quiz

Module 3: Utilizing The Profit First Tools

• The Instant Assessment
• The CAP – TAP 1-Year Profit Plan
• The Allocation Calculator
• Bonus Material: Eradicating Expenses Guide
• Bonus Material: Fair Market Value Compensation Calculator
• Bonus Material: Salary Cap Calculator
• The Execution Checklist
• Final Wrap Up

Sale Page: Mick Kling – Profit First: Eradicating Practice Poverty

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