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For example, with Profit First, you set an expected income metric on a biweekly (or weekly) basis. Even a seasonal business can do this, too. Then you compare where you are on that income versus where you expected to be. Something is off? You investigate. You don’t have to read cash flow statements or other reports to see if your business is in need of cash or profit is down.
Clockwork: Design Your Business to Run Itself
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