If Profit First is failing you, don’t quit — let’s fix it together!

In this episode, we dive into the frustrations many business owners face when trying to implement the Profit First system. You may have read the books, listened to the podcasts, or even given it a shot in your business, but still, the results just aren’t adding up.

Why does it seem to work for everyone else except you? Katie unpacks the common mistakes, missteps, and hurdles she’s seen from business owners who’ve hit the wall with Profit First, offering practical tips to get things back on track.

Whether you’ve fallen off the Profit First wagon, or you’ve just never felt like it’s working for your business, Katie’s advice could be the game-changer you need. Learn the key elements of setting up Profit First correctly, staying consistent, and adjusting the system as your business evolves. Plus, she offers a free resource to help you identify where you’re getting stuck.

In this episode of Profit First for Tradies, you’ll learn the following:

• The frustration with Profit First (00:10)
• Three common Profit First pitfalls (01:11)
• The essential checklist to troubleshoot your Profit First issues and get moving toward sustainable success (03:05)
• Need Help? Here are your options (03:37)

If Profit First has been a frustrating experience for you, don’t throw in the towel just yet. With the right adjustments and consistent application, it can absolutely transform your business. It’s never too late to get it right — take that next step to financial clarity and freedom!

CONNECT WITH KATIE CRISMALE-MARSHALL

• Email: support@profitfirstfortradies.com.au
• Instagram: https://www.instagram.com/profitfirstfortradies/
• YouTube: https://www.youtube.com/@profitfirstfortradies9503/featured
• Facebook Group: https://www.facebook.com/groups/profitfirstfortradies
• Facebook: https://www.facebook.com/ProfitFirstforTradies/
• Website: https://www.profitfirstfortradies.com.au/

Burnt out, stressed, and confused by your numbers? Let's fix that.

In today’s episode, Katie dives deep into the hidden problems lurking in your Xero file that are silently sabotaging your business. Whether you’re a business owner doing your best to manage your books or you're working with a bookkeeper who’s missing the mark, these issues are leading to inaccurate reporting, poor bookkeeping processes, and dreaded surprise tax bills.

But don’t worry — Katie’s here to help you turn it all around with simple, practical steps. She'll walk you through identifying red flags, streamlining your bookkeeping, and ensuring your Xero file is one of your best business assets, not your biggest headache.

In this episode of Profit First for Tradies, you’ll learn the following:

• The 3 biggest frustrations business owners face with Xero files (00:30)
• The dangers of inaccurate reporting (02:00)
• The perils of inefficient bookkeeping and tips to streamline your processes (02:34)
• The worst outcome of mismanaged books: surprise tax bills (03:02)
• A quick and simple DIY audit to spot discrepancies in your Xero dashboard (03:26)
• The importance of asking for help when things don’t look right (04:57)
• How to get in touch with Katie (07:39)

Ready to take control of your Xero file and breathe that sigh of relief? Don’t wait for things to get worse — open up your dashboard now, do a quick check, and start asking the right questions!

QUOTES

“You can simply open up your Xero dashboard and look at those three points, and if it doesn't make sense, then you know exactly what you need to do — you need to reach out and ask for help.” - Katie Crismale-Marshall

Resources

Xero

Hubdoc

• The common groans about planning and why tradies need to reflect on their business' purpose and end goals (00:31)
• The unpredictability of the trades industry and why having a plan still matters (01:06)
• The value of personalising your plans (02:42)
• First crucial point in planning: Visualise possibilities (03:22)
• Second crucial point in planning: Decide, declare, and write them down (04:07)
• Third crucial point in planning: Rough out the draft (04:45)
• Insights from a masterclass by Andrew Sparks (06:14)

• Email: support@profitfirstfortradies.com.au
• Instagram: https://www.instagram.com/profitfirstfortradies/
• YouTube: https://www.youtube.com/@profitfirstfortradies9503/featured
• Facebook Group: https://www.facebook.com/groups/profitfirstfortradies
• Facebook: https://www.facebook.com/ProfitFirstforTradies/
• Website: https://www.profitfirstfortradies.com.au/