learn how to become a

permanently profitable tradie with

Helping Tradie Business Owners To Eliminate Cash Flow Problems

learn how to become a

permanently profitable tradie

with

Helping Tradie Business Owners To Eliminate Cash Flow Problems

Join us on the Profit First for Tradies podcast, as we explore the struggles of paying bills and keeping cash flow flowing smoothly. I share my own experiences and how I found the solution to my financial struggles with the Profit First system.

Listen in as tradies share their stories and discuss strategies and tips for managing cash flow and achieving true profitability in your business.

Growing a successful trades business isn’t about you being the best on the tools.

It’s about how you Profit, Plan, Prepare and Prosper, so you can create a business that supports you and your family.

Follow:

What Is

Profit First for Tradies

Profit first for Tradies is a simple frame work to make your business permanently profitable.


If you struggle with managing your cash, wondering where all the money goes or are working long hour with not much to show for it then it is time to look at Profit First for Tradies and how it can transform your business from a cash eating monster to a money making machine.

If you are a trades business owner who’s sick

and tired of being sick and tired

Looking for a solution to solve your cash flow

issues

Ready to learn more about your money

management

Can help turn your business around.

ep1

Episode 1 || 4 Core Principles Of Profit First

January 24, 20232 min read

Working in the trades business can get too challenging and demanding that it's considered normal to clock in excessive hours. Tradies usually miss out on important events and they pass on the opportunity of spending the holidays with the family.

Despite all these trials of working as a tradie, it’s good to remember that you are not alone. However, it’s also crucial to understand that unless changes are set, there will be no significant transformation in your business.

In this episode, I’ll talk about the 4 core principles of profit first. The Profit First system helps you manage cash simply and efficiently. So, you don’t have to spend lots of hours understanding and managing your finances.

Knowing your numbers takes away the confusion and gives you clarity in making the right decisions toward business profitability.

In this episode of the Profit First For Tradies, you’ll learn:

  • The impact of using "small plates" or multiple bank accounts (03:10)

  • The value of serving sequentially (03:50)

  • How to best handle accumulating money (05:50)

  • Why you need to enforce a rhythm that works for your business (07:03)

These four principles help implement Profit First in our business and understanding each one provides strategies that allow us to continuously build a permanently profitable business, in both good and hard times. 

If you haven’t listened to our previous episode talking about What is Profit First and How Can It Help You, go back and check out Episode 000. 

QUOTES

"These four principles make sure that we build a permanently profitable business, in the good times, in bad times, and everything in between." -Katie Crismale-Marshall

"Enforcing a rhythm is one of the key areas to making sure that you can build a permanently profitable business." -Katie Crismale-Marshall

"Nothing will change unless you make some adjustments in your business." -Katie Crismale-Marshall

RESOURCES

blog author image

Katie Crismale-Marshall

She wrote the book Profit First for Tradies to help more business owners eliminate their cash flow problems, and become permanently profitable. Katie's on a mission to help tradies across Australia and the globe get control of their finances so they can run a profitable, stable businesses doing work that they love.

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© Profit First for Tradies 2024. All Rights Reserved.

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