How to Boost Your Cash Flow During Slow Seasons with Profit First

I’m diving into Profit First by Mike Michalowicz and sharing how it can be a game-changer for small business owners, especially those in the coffee industry. If your coffee house, brewery, or seasonal business struggles during slow months like May, June, and July, this is for you.
We’ll discuss how to:
✔️ Assign every dollar in your business a purpose using strategic bank accounts.
✔️ Create a seasonal savings account to manage cash flow during your low-revenue periods.
✔️ Use percentages to set aside funds for costs like payroll, rent, and ingredients-even when business slows down.
Learn how to analyze your monthly financial statements, identify cash shortfalls, and set up a system to ensure you have enough money to keep your business thriving all year round. Whether you’re a coffee shop, brewery, or any seasonal business, these strategies can help you sleep easier and enjoy your business more.
Got questions? Reach out to me, Kim Logsdon, at kimlogsdon.com and keep brewing your own business!