Episode Details
Back to EpisodesProfit First Pt 5: 7 Problems with Profit First That Drain Law Firm Cash Flow and Growth (Ep. 153)
Published 7 months ago
Description
Profit First is hailed as a brilliant cash management tool, splitting every dollar into accounts for profit, owner’s pay, taxes, and operating expenses. On this episode, host Darren Wurz explains why too many law firm owners treat Profit First like a total business strategy rather than a behavioral tool. The result? Fake profit, growing debt, …