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"Fichter has given us a powerful and authoritative book of major importance to students of empire and business alike." --
Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
This study explores the relationship between the prevailing concept of "just profit" and contemporary reactions to the Sixteenth-Century Price Revolution by tracing the evolving meaning of "profit" in religious, political, and social discourse. Using the period's own macrocosmic-microcosmic analogy, the book examines family correspondence, wills, and court cases in addition to formal tracts to move outward from issues of spiritual profit to family values, employment relationships, and church and state. While England's experience provides a focal point, extensive use of continental sources reveals the problem's broader context. This study should prove particularly useful to those wishing to knit together the now particularized and separated strands of early modern economic, political, social, and religious history.