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- Apr 15, 2021
It’s your most FAVORITE day of the year!
I know. It’s your most FAVORITE day of the year: April 15th! 😏
I was told this during a conversation with someone this week. Can you relate to this?
I am always anxious when tax season rolls around. I never had any idea what to expect with my taxes. One minute everything looks great - then suddenly there are additional taxes I owe and no money in my bank account which has me totally stressed out.
A lot of people are caught up in the idea that sales are what matters, but if you focus too much on it- without balancing out expenses – then, I believe, there is no point to even have a business. Instead, try focusing more on your profits because they are only going to go down when your expense list starts growing to support your increase in sales (which can happen really quickly).
As a Profit First Professional, I work with my clients to show them that the most important way to make more money in your business is by taking the profit first. This will force them to be super-efficient with all of their expenses, which in turn also increases profits and ends up with more cash in their pocket.
Curious About Working with Profit Scale Thrive?
Running a successful law firm takes more than legal expertise—it requires financial mastery, strategic planning, and data-driven decision-making. At my accounting firm, Profit Scale Thrive, we specialize in helping law firms achieve lasting profitability by providing tailored financial guidance, optimizing cash flow, and equipping you with the insights needed to scale with confidence.
Ready to take your firm's finances to the next level? Join our private community for law firm owners called "Your Profitable Law Firm Community." Each month, we dive deep into essential topics about the business side of running a law firm. This is your opportunity to connect with other firm owners, share challenges, and discover proven solutions in a supportive environment.