Profit first for minority business enterprises : transform your minority business enterprise from a cash-eating monster to a money-making machine / Susanne Mariga ; foreword by Mike Michalowicz.
Publication Info.
Houston, Texas : The Avant-Garde Project, LLC, [2021]
"The official supplemental Profit First guide for MBEs."
Contents
Ndatenda! ("Thank you!" in Shona) -- Foreword / by Mike Michalowicz -- A better way -- Take your profit first -- Profit first : target allocation percentages (TAPS) -- Live your truth -- Define your outcome -- You decide your worth: revenue and pricing -- The illusion of millions : government contracts -- Expenses = stewardship -- Eat the frog -- Build a powerful team -- Enter new rooms -- Increase profits through tax strategies -- Embrace an environment of continuous improvement -- Create a bold new legacy.
Summary
You are accustomed to being the first in your family to do many things, often entering rooms where no one else looks like you. You are the first to go to college and the first to start a business, and now you have embraced the mission to become the first generation in your family's new legacy! This book is designed to give you the mentorship you need to build an independent and wildly successful, profitable minority business enterprise. Susanne details: how to implement the Profit First cash management methodolgy in your minority business enterprise; strategies for revenue generation, target pricing, and margin maximization; expense prioritization techniques; power alignment and team building tools; secrets of--and common illusions about--successful government contracting; tax strategies designed to build generational wealth while maximizing business profitability; how to make an impact in your industry when no one else looks like you.
