Network in Action Business Lab
Have Your Cake And Eat It Too?
- An Introduction to the Profit First Methodology
The profit formula is simple: Sales – Expense = Profit. The only problem is it is flawed. In this presentation, Nicole will give you an overview as to why the formula entrepreneurs use to calculate profit actually inhibits it. Then, she will share a new approach to profit – taking it first – that instantly changes everything. With this simple yet profound change, ANY business will become instantly and permanently profitable.
Learn why the “Sales – Expenses = Profit” formula doesn’t work as a cash flow management tool
Learn the core concepts of the Profit First methodology
Learn how you can leverage your behavior, rather than change it
Learn how to conduct an instant assessment on your business profitability
A former Accountant turned Cake Designer, Nicole Bendig-Lamb now dedicates her time to help other aspiring Cake Artists learn the business side of baking as the Owner/Lead Instructor of Cake Business School, LLC. She is the ONLY Cake Business Coach who has achieved certification in Profit First and Fix This Next. She helps guide her clients in the methods to greatly increase the profitability of their businesses, proving that Profit First works in any industry.