Ready to make profit a habit from day one? In this episode, I’m guiding you through the essential steps to implementing Profit First, inspired by Chapter Five of the book. Whether you’re just starting out or looking to finally get your business finances working for you, this is your roadmap to sustainable profitability.

I’ll break down exactly how to set up your Profit First accounts—covering income, profit, owner’s pay, tax, and operating expenses—so you can allocate your funds with clarity and intention. We’ll talk about why consistency matters, how to establish a simple allocation rhythm, and the power of celebrating your profits every quarter.

You’ll hear real-life success stories from UK business owners who’ve transformed financial chaos into clarity and calm with Profit First. Plus, I’ll share practical tips for working with your accountant, getting past any scepticism, and making the system work for your unique business—whether you’re a manufacturer in Sheffield or a freelancer in Cornwall.

This episode is all about taking control, finding efficiencies, and building a business that supports your goals (not the other way around). I’ll finish up with clear, actionable steps so you can get started today—setting up your accounts, reviewing expenses, and shifting your focus to profit.

Takeaways:

• Learn how to set up and use Profit First accounts for better cash flow and less stress.
• Discover the importance of consistent, quarterly profit celebrations.
• Find out how reviewing expenses can boost your bottom line.
• Get practical advice for working with your accountant and making Profit First your own.
• Start transforming your financial habits with simple, actionable steps.

financiallyhealthybusiness.co.uk

debhalladay.co.uk

Companies and resources featured:

Accounts Ladies, Accounts Office Training Academy, Starling, Monzo