580: The Power of the Profit First System

Guest: Shannon Simmons, a Certified Profit First Professional and a Certified QuickBooks ProAdvisor

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

Shannon Simmons

CEO

Shannon is a profit coach and business consultant for wellness businesses and has been working in the accounting and bookkeeping industry since 2003. She’s a Profit First Certified Professional, helping business owners find the profit in their business so they can thrive. When she’s not meeting with entrepreneurs or assessing their businesses she enjoys time with her husband and two children serving in their community, playing and watching sports, marveling at nature or reading a good book.