Do Your Business Goals Focus on Profit First?
Do Your Business Goals Focus on Profit First?

Do Your Business Goals Focus on Profit First?

Mabafokeng Mokuku

7 min
Business & Finance
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<p><!-- wp:paragraph --></p> <p>Do you find that your business is “staying afloat"? Is your business always covering its expenses but with little to no profit left over?</p> <p><!-- /wp:paragraph --> <!-- wp:paragraph --></p> <p>You’re not alone. A <a href= "https://smallbiztrends.com/2019/03/startup-statistics-small-business.html"> <strong>US-based survey</strong></a> found that 30% of small businesses break even. Another 30% are running a loss.</p> <p><!-- /wp:paragraph --> <!-- wp:paragraph --></p> <p>Perhaps your business is stuck in a rut. Or, perhaps you have trouble growing the company since there are hardly any earnings to reinvest. No matter the case, a little innovation is often all that’s needed to go from staying afloat to becoming profitable!</p> <p><!-- /wp:paragraph --> <!-- wp:paragraph --></p> <p>One way to innovate is by changing up the way you handle your business’ finances. There are many great business strategies out there. However, there is one called <em>Profit First</em> that has become quickly popular!</p> <p><!-- /wp:paragraph --></p>

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