Learn To Pay Yourself and Make Profit From Day 1!
We’re all about getting you paid, but there’s no point in freezing debt and then borrowing more money to make ends meet. By taking your profit first, the money available for expenses is artificially reduced, and together, let’s find ways to get the same things done for less money. Tell us how you want your money to work for you. ↓
We’re all about getting you paid, but there’s no point in freezing debt and then borrowing more money to make ends meet. By taking your profit first, the money available for expenses is artificially reduced, and together, let’s find ways to get the same things done for less money.
Profit First Methodology is the best way to ensure that your business is profitable and growing.
If you want to make profit from every dollar that hits your bank account, pay yourself what you are worth as a business owner, and you want to stop your business from hemorrhaging cash, Profit First Methodology would be your best tool!
No matter how much money you make or how much revenue your business generates, if you’re not using the Profit First Methodology, you’re leaving money on the table. That’s because most businesses use a “payroll” mentality when it comes to managing their cash flow: they take in money and pay out expenses as they occur. This means that all of the profit is paid out every month—and all of it goes right back out again!
The problem with this approach is that it makes it very hard for businesses to grow or even stay afloat. When you have no control over what happens with your profits, it’s hard to plan for anything or make investments in your company. This can lead to missed opportunities and weakens your ability to compete at all levels—not just financially but also strategically.
Profit First Accounting is one of only 22 firms in Australia that is currently certified in Profit First Methodology.
We offer a complete suite of accounting services to help you manage your money, protect your assets and grow your business. We are proactive in our approach and provide solutions for tax planning, debt management and wealth creation.
We create a long-term sustainable relationship with each of our clients by providing value added financial advice and support. We believe that every client should be treated as an individual with their own unique needs and goals. Our team works hard to ensure that we are meeting these needs whilst also providing timely information regarding the financial position of the company so that businesses can make informed decisions about how best to grow their businesses.
Our preferred process is to undertake a Zoom meeting during which we ask lots of questions about your business and the level of help and direction you want, then create a letter of engagement with the options for you to select the assistance you need to meet any budget constraints. We prepare an annual budget for PF and associated compliance then bill in manageable weekly amounts.
Profit First is a great way to manage your business finances and make sure that your company is in the best shape possible. We can help you figure out what you need to do to get there, and show you how to do it.
We are different to other “compliance accounting” firms. Our core focus is to work with clients who want Profit First. We provide services from;
We do not just say what we do, but we do what we say. Learn from our client's feedbacks by going to our Testimonials Page.
We make sure that every Profit First Accounting team members has the right skills and training to perform every tasks for our clients.
We value all our clients. Thus, we make sure that they have all support and clarity they need from us.
Compliance is one of Profit First Accounting's top priority. As our goal is to make each and every client of ours profitable, we also safeguard their interest by complying to each and every government laws and guidelines.
We are a Xero-Only Firm.
Over the past years, we’ve become a leader in profitability consulting because we deliver outstanding results to our clients. Review our client testimonials to learn more of what others have to say about us.
I started my business about 3 1/2 years ago, and found that the running of a new business, both in the field and the administration and bookkeeping was quite a juggle. Ensuring that I had enough money for things like insurances, loans, vehicle and trailer Read More
In the beginning, our practice of cash allocation was certainly not perfect and I did have a constant reminder from my wife that she had been telling me to use this process for years. The amazing part is the feeling of achievement and satisfaction when you put Read More
Meeting Vanessa and having her introduce this simple approach has made money fun again! I am a complete rookie in this area, so it has been very empowering knowing I can genuinely and accurately understand the financials of the business after a quick look into our accounts. Read More
On a serious note, I had no idea how the tax system worked here and setting up a small business I found challenging. From the very start, Vanessa and PFA were easygoing and professional and got me starting off on the right track. Being from a small Read More
At Profit First Accounting, we make sure that our team is licensed and certified.
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