Profit First: Make Profit (& paying yourself!) Your Business’s Top Priority

As a busy entrepreneur or small business owner, profit can sometimes feel like a “nice-to-have.” The problem is that putting profit last can hinder business growth and lead to financial instability. The good news is that there’s a better way to manage your cash flow: the Profit First method.

Join Impressia Bank and H.CO Partners for a morning with fellow small business owners in Cleveland. Learn key concepts of the Profit First methodology and how you can use it in your business.

We’ll kick off with an intention-led Harness Cycle ride to get our bodies moving. Following the ride, stay for a discussion led by H.CO Partners CEO and Harness Cycle founder, Anne Hartnett, and Impressia Bank President, Mary Kate Loftus, on building your business with a Profit First mentality.

Get real with your own financial plan and feel empowered to take action to set you and your business up for success.

YOUR TICKET INCLUDES:

• Day of Harness Cycle ride
• Profit First business education + discussion
• Harness Cycle ride package
• Full financial review with Impressia giveaway entry
• Review of last 3 months of bank statements (optional follow up meeting w Impressia)
• First 5 registrations get a free copy of the Profit First Book by Mike Michalowicz
• Light refreshments by woman-owned Italian cafe Patron Saint

Please submit your Profit First questions during registration which will help guide the conversation!

WHAT IS PROFIT FIRST?

The Profit First method makes profit a business’s top priority. Unlike traditional approaches, which focus solely on revenue, Profit First aims to make businesses immediately and permanently profitable.

The Profit First method involves intentionally dividing revenue across different bank accounts, including a profit account. This practice can help business owners create their own profit margin from day one, instead of allowing expenses to grow faster than the business.

Profit First will teach you to allocate funds, prioritize profit, manage expenses, and monitor progress.

WHO IS H.CO PARTNERS?

H.CO Partners is a neighborhood development company rooted in brick and mortar storefront activation. Our retail-first philosophy and approach focuses on activating people and places - pairing the right concept with the right space. With 10+ years of experience in brick and mortar retail operations, we provide learning cohorts, group and 1on1 coaching for entrepreneurs looking to open or scale a brick and mortar business.

WHO IS IMPRESSIA BANK?

Impressia Bank is built for women in business, by women in business. Access to capital continues to be the biggest barrier to market entry and the success of female founders. Built from the ground up by a Steering Committee of experts in financial services and entrepreneurship, Impressia Bank’s mission is to close the gender-gap in funding.

As a Profit First Preferred Partner, Impressia Bank offers a behavioral cash flow management system designed to prioritize the monetary benefits of owning a business, encourage fiscal responsibility, and provide a pathway for building profit and wealth for business owners.

Host or Publisher H.CO Partners