Making Profit a Priority: How Paying myself first Saved My Business and my sanity at the same time

Ever feel like your business is making money, but you’re still living paycheck to paycheck? You're not alone, and there's a way out. This episode tackles the one shift that can take your finances from chaos to clarity: paying yourself first. In this episode, Kendra Hewitt shares how, on the brink of burnout in 2019, she stumbled across the Profit First method by Mike Michalowicz, and how it became the financial lifeline that saved her brick-and-mortar business through the storm of 2020. If you’ve ever skipped your own paycheck to cover payroll, felt paralyzed at tax time, or wondered how to truly grow a profitable business, this episode gives you the practical blueprint you’ve been craving. You’ll learn the five essential bank accounts every woman entrepreneur should have, why your entity type matters, and how to create financial habits that give your money a home before it hits your account. Plus, hear how this system let her keep every employee paid, even when COVID shut the doors. Key Takeaways: Why “sales minus expenses equals profit” is a broken formula The first two bank accounts you MUST set up today How to create a payroll account that lets you hire without anxiety A simple trick to eliminate tax season dread for good What a “vault” account is, and how it can save your business “The goal isn’t just to make money, it’s to keep it and use it to grow without burning out.”  Subscribe, rate, and share this episode with a fellow working mama who’s ready to build a business that finally pays her what she’s worth. Learn more about Kendra Hewitt by visiting the following links: Website Facebook InstagramIdentifying Your Money Blueprint - Free Download Learn more about your ad choices. Visit megaphone.fm/adchoices