Profit First Without All the Bank Accounts | Xero

When I read Profit First by Mike Michalowicz, I loved everything about it... except having to set up a ton of different business bank accounts. So I tweaked the system for my own purposes and made a video to show you how I do it. 📊📞For help with your ecommerce accounting needs, book a free consultation with sales here: https://acuity.co/ecommerce-accountin... 🕰️Timestamps: 0:00: Intro 0:44: Profit First 9:39: Advantages Disadvantages 💡✔️Helpful Resources If you want to learn more about Profit First, check out these videos:    • How to use Profit First Accounting System ...   and    • "Profit first" is better for entrepreneurs...   🚀🚀 New to Acuity Ecommerce Accounting? Well, let me tell you a little bit about us. We’re here to make ecommerce businesses better. Acuity Ecommerce Accounting was co-founded by Patti Scharf (CPA). At Acuity, we specialize in providing accounting and online bookkeeping services tailor-made for ecommerce entrepreneurs. With a team of dedicated experts, we've become the trusted financial backbone for over 2,000 entrepreneurs. We empower you to scale your business efficiently, make more informed business decisions, and free up valuable hours in your week. To level up your ecommerce accounting, contact us here: https://acuity.co/ecommerce-accountin... 💙★💻 SUBSCRIBE TO US ON YOUTUBE 💻★💙    / @acuityecommerce   We've been focused on ecommerce accounting since 2012. Now we've brought our knowledge and experience to YouTube to help share important ecommerce, accounting, and business information with everyone who's looking for it. Think that might be you? Then please subscribe! 💙★💻 LET’S CONNECT 💻★💙 You can also check out our website for updates, videos, and special announcements. ► https://acuity.co/ecommerce-accountin... 💙★💻 FOLLOW US! 💻★💙 Facebook: https://www.facebook.com/acuity.co/?u... Twitter: @Acuity_co (https://bit.ly/48olcHi) Instagram: https://www.instagram.com/acuity.co/?... TikTok: https://www.tiktok.com/@acuity_co?utm... LinkedIn: https://www.linkedin.com/company/acui...