A case study in implementing Profit First with Eric Wilkinson

29/08/2023 25 min Temporada 1 Episodio 127
A case study in implementing Profit First with Eric Wilkinson

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Episode Synopsis

Send us a textWe've met many contractors who were interested in Profit First but struggled to actually implement it. This week, we're talking to Eric Wilkinson, a construction contractor who uses Profit First to gain cash flow clarity, address seasonality, and keep his business healthy. He also address some of the challenges he met when first implementing the system and how he overcame them.  Topics we cover in this episode include:Implementing Profit First while starting a new companyGetting started and tracking your allocationsWhen Profit First isn't working for your businessHow much money should I keep in reserve?Advice for contractors getting started with Profit FirstLINKSVisit the episode page at https://CarpenterCPAs.com/casestudy for more details and a transcript of the show.Contact Eric:Eric Wilkinson | https://www.sandhillglass.com/Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

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