Profit First – How To Have A Profitable Amazon FBA Business
I am so excited to walk through the Profit First book and method with you today.
So many of us start Amazon FBA businesses to make money, so why does it seem like so many of us aren’t making any money at all?
The normal ways of accounting and bookkeeping (ie the way your CPA would do it) is not reflective of how we actually run our businesses, which is often taking a look at the balance in our account and making a decision.
The Profit First method takes what you are already doing and puts a framework around it.
It also forces you to run a profitable business by taking your profit first, before you pay any expenses.
Watch this week’s video to see what I mean.