How much money do I take out of the Profit account for my Profit distribution? How much money do I take out of the Profit account for my Profit distribution?
My accountant says I can’t take Owner’s Pay and that I must take all compensation through distributions. How does that work with the Profit First system? My accountant says I can’t take Owner’s Pay and that I must take all compensation through distributions. How does that work with the Profit First system?
Can I take my Profit distribution monthly instead of quarterly? Can I take my Profit distribution monthly instead of quarterly?
Do I have to take a profit distribution every quarter? Do I have to take a profit distribution every quarter?
I have too much debt. How do I pay it off using the Profit First approach? I have too much debt. How do I pay it off using the Profit First approach?
My accountant wants me to spend down my Profit account to save money on taxes. What do you think? My accountant wants me to spend down my Profit account to save money on taxes. What do you think?
My bookkeeper HATES the Profit First system. Any tips on winning her over? My bookkeeper HATES the Profit First system. Any tips on winning her over?