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It seems logical, but it has a fatal flaw: it makes profit an afterthought. It is the leftover, the remainder if there is anything left at all.
This is why so many business owners work tirelessly but have little to show for it.
Profit First, a revolutionary cash management system created by Mike Michalowicz, flips this formula on its head:
By taking a predetermined percentage of profit from every single deposit first, it forces you to run your business on the remainder. This simple shift in behavior is psychologically powerful. Instead of asking, “What’s left over for profit?” you now ask, “How can I run my business on the funds I have available for expenses?”

Seasonal highs and lows are easier to manage when you have a dedicated cash reserve built from your profitable months.

By allocating a fixed percentage of your revenue to payroll, you can make clear, unemotional decisions about staffing levels and compensation.

We understand that accounting can be overwhelming for many business owners. That is why we offer simplified accounting solutions that are easy to understand. We provide regular reports and updates to keep our clients informed about their financial status.

You take all the risks. You deserve the rewards. Profit First
ensures you are compensated for your hard work with regular profit distributions, on top of your salary.
The wellness industry runs on passion, but passion does not pay the bills. The Profit First system is perfectly suited to the unique financial realities of a spa business.
Meet the Wright family and learn how using The Profit First system changed their lives for the better.
We start with a deep dive assessment of your business and then create a customized rollout plan. We will help you set up the simple system of bank accounts and establish a rhythm that makes managing your money take less than a few minutes each month.
→ This is not about restriction; it is about intention. It is about creating a financially strong and resilient business that can weather any storm and provide you with the personal and financial freedom you set out to achieve.

Transform your finances with free access to Chapters 1 & 2 of Profit First and the Profit First Assessment.
BrightSkies Business Services specializes in Accounting and Profit Strategy for MedSpas and weight-loss clinics, and other private-pay medical providers. We understand the unique financial needs of your industry and provide support that goes beyond the numbers. By managing your bookkeeping and optimizing financial processes, we help you protect profits, focus on client care, and confidently grow your clinic.
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