Posts By: Kirk Johnson

How much does that cost?  

  One of the ideas behind Profit First is borrowed from a fitness expert who spoke about how unhealthy the whole “clean your plate club” philosophy is.  In fact, in his book Mike Michalowicz asks himself, “If I reduce the ‘plate size’ of my business’s operating account, will I spend differently?”  By reading his book,… Read more »

We don’t need no stinking credit cards….

This parodied line from the classic movie, The Treasure of Sierra Madre, is reminiscent of talking to small business owners about taking credit cards. They frequently talk about how they don’t want to “give someone” 3% of their money “for nothing”.  Their customers “have no problem” paying by cash or check.  Such thinking always makes… Read more »

You need a Profit Assessment NOW – but why?!?

For those not familiar with the Profit First plan, you should know that the first step towards small business profitability is having a Profit Assessment done by a certified Profit First Professional. This is a thorough review of your books, performed by a highly-trained professional who uses the proven Profit First system. Why, you may… Read more »

Kiss your business

In business, as in the rest of our lives, it is always best to Keep It Simple S….(whatever adjective starting with S you’d like to use).  In reading a book by Justin Harrison called Get Off the Bench, I came across some very interesting and helpful principles about simplicity that I wanted to pass on…. Read more »

Trust but Verify

This phrase, based on an old Russian proverb, was famously used by President Ronald Reagan when signing the INF treaty with Mikhail Gorbachev in 1987.  While it is more poetic than logical, it is somewhat representative of how you should approach the professionals that assist you in running your business.  Unless you want to spend… Read more »