Does saving and allocating money ever feel tedious? Like your money habits are working, but maybe not serving you as well as they truly could? At the same time, is it scary to think about doing anything different because you don’t want to break the healthy patterns...
Google defines a profit as “a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.” While this definition is correct, it can be defeating to take “the difference between the amount...
How often do you think about the profits your interior design business makes? Daily, weekly, yearly? Or are you more focused on growth, revenue, and the next big investment you can make? In his book Profit First, Mike Michalowicz says “Profit is not an event . ....
There are a million decisions to make as an interior designer – you’re working with clients, sourcing furniture and decor, planning for the months to come, and somewhere in the back of your mind is worry and concern about your bookkeeping. You work on it here...
Profit First is a method of cash management that helps you set up guardrails for your business spending so that you can proactively plan for taking a profit from your business and to maintain healthy cash flow, no matter what. This system is useful for interior...
Hearing about or reading about Profit First is a great place to start on your interior design business’ financial management journey, but it’s just the start. We’ll be the first to acknowledge that the Profit First method is far from traditional, and it can...
