Profit First by Mike Michalowicz: A Reader's Overview

Most businesses think in terms of Sales − Expenses = Profit. In Profit First, Mike Michalowicz suggests flipping that around — setting profit aside first, and running the business on what's left.

What the book is about

Michalowicz describes a cash-management approach built around allocating money into separate accounts as it comes in — profit, owner's pay, taxes, and operating expenses. He presents it as a behavioral system as much as a financial one.

Who it's for

• Small-business owners and freelancers
• Entrepreneurs interested in cash-flow and money-management methods
• Readers who prefer practical frameworks over abstract accounting theory

Why readers like it

The book is known for its straightforward, behavioral take on business finances. Many readers describe it as an accessible, practical read on managing money in a small business.

The details

• Author: Mike Michalowicz
• Format: Hardcover
• Publisher: Portfolio
• Condition: New
• ISBN-13: 9780735214149
• Price: $27.00

Profit First is in stock now at Value Book Market.