At AGCPAs, we believe profit should come first—not just as a concept but as a disciplined practice. That’s why we guide business owners to set up a separate “profit” account and regularly report on its balance. This isn’t just about numbers; it’s about accountability and making profit a priority in decision-making.
Imagine being asked, “Why are you dipping into profits?” It forces owners to reflect and strategize before making withdrawals. This structure builds healthier financial habits and fosters long-term growth. Over time, we’ve seen businesses become more profitable simply by holding themselves to a higher standard of accountability.
The result? Owners not only reach their financial goals but also create a sustainable business they can be proud of.