580: The Power of the Profit First System

Join us as we discuss the book "Profit First" by Mike Michalowicz with special guest, Shannon Simmons. Shannon is the founder and CEO of Fit For Profit, a company specializing in guiding small business owners, particularly in the health and wellness industry, to drive more profits using repeatable systems and guardrails. Shannon candidly shares her own journey of struggling with managing her business finances despite being an accountant and the subsequent tax debacle that opened her eyes to the importance of effective money management. She emphasizes the necessity for business owners to pay attention to operating expenses and save a certain percentage of every deposit for taxes - a strategy she implemented in her own business with success.*** Download the Profit First Overview: https://fitforprofit.com/itbiz*** Get your copy of Profit First by Mike Michalowicz: https://amzn.to/3RikmFr === Connect with Uncle Marv🌐 Website: https://www.itbusinesspodcast.com/🎙 Host: Marvin Bee🛒 Uncle Marv’s Amazon Store (gear & tools I recommend): https://amzn.to/3EiyKoZ☕ Support the show: https://ko-fi.com/itbusinesspodcastIf you found value in this episode, share it with another MSP, IT provider, or tech entrepreneur. Your support helps keep practical, no-nonsense IT business conversations coming every week.