Event
Chatham Chamber: Profit First Workshop
November 14 @ 11:00 am - 1:00 pm
Category: Tenant Event
Turn Revenue into Real Profit
If your business keeps growing but your profit feels stuck in neutral, Profit First flips the script. In this 1.5-hour, hands-on session, we’ll demystify the Profit First methodology popularized by Mike Michalowicz and show you how to put profit at the front of the line—without starving your operations.
What you’ll learn:
- The core Profit First framework: separate accounts, smart allocations, and a simple cadence that curbs overspending.
- How to set practical target percentages for Profit, Owner’s Pay, Tax, OpEx—and how to adjust them as you grow.
- A “first week” implementation plan you can actually follow, including bank setup, transfers, and review rhythms.
- Common pitfalls (and how to dodge them), plus realistic tweaks for seasonality and cash crunches.
Format:
- Brief overview of the Profit First principles
- Live walkthrough of account structure and allocations
- Interactive exercises to map your current cash flow and set starter targets
- Q&A with Vista Advisor Group partners
Who should attend:
Owners, leaders, and finance-minded managers who want consistent profit, cleaner cash flow, and fewer “where did the money go?” moments.
You’ll leave with:
- A simple account map and starter allocations tailored to your business.
- A 14-day action plan to launch Profit First with minimal disruption.
- A checklist to review allocations monthly and tune for seasonality.
- A one-page scorecard to track profit, owner’s pay, tax, and OpEx—at a glance.
Bring your current 2024 and 2025 YTD P&L. We’ll help you translate them into an executable plan—profit shouldn’t be an accident.
Lunch Provided by Hoops Pizzeria
Free for Chamber Members
$20 Non-Chamber Members
