Profit first

Description

Customary bookkeeping utilizes the coherent (but, defective) recipe: Sales – Expenses = Profit. The issue is, organizations are controlled by people, and people aren’t generally coherent. Sequential business person Mike Michalowicz has built up a conducted way to deal with bookkeeping to flip the recipe: Sales – Profit = Expenses. Similarly, as the best weight reduction technique is to confine divides by utilizing littler plates, Michalowicz shows that by taking benefit first and distributing just what stays for costs, business visionaries will change their organizations from money eating beasts to gainful money cows.