21 min

Ep. 65: DRIP-DRIP-DRIP Profit First Nation

    • Entrepreneurship

Billie Anne Grigg is back sharing as Profit First Professional’s Chief Guide and we dive into how to leverage DRIP accounts from two perspectives. The first perspective is for retainer-based businesses that need to manage “unearned revenue” from a cash perspective. The other perspective is how businesses with seasonality to their income over the course of the year can leverage a DRIP account to help them cover expenses during those leaner, lower revenue as expected months. BONUS: We pull back the curtains on the Profit First Professionals organization covering everything from certification to the benefits of being a Profit First Professional and being part of a wonderful tribe of bookkeepers, accountants and coaches who share the same passion to serve their clients with the heart of a teacher when it comes to helping business owners own their financials.

Billie Anne Grigg is back sharing as Profit First Professional’s Chief Guide and we dive into how to leverage DRIP accounts from two perspectives. The first perspective is for retainer-based businesses that need to manage “unearned revenue” from a cash perspective. The other perspective is how businesses with seasonality to their income over the course of the year can leverage a DRIP account to help them cover expenses during those leaner, lower revenue as expected months. BONUS: We pull back the curtains on the Profit First Professionals organization covering everything from certification to the benefits of being a Profit First Professional and being part of a wonderful tribe of bookkeepers, accountants and coaches who share the same passion to serve their clients with the heart of a teacher when it comes to helping business owners own their financials.

21 min