Journey To $100 Million

About two years ago we read the book Profit First. In the book the author essentially tells you how you can gain control of your finances. Most people consider profit to be the money that's left over at the end of the month. But, the author of this book says profit is something that you need to pay yourself first and whatever is left for the rest of the month is what you get to spend. We put these ideas into practice right away and took a good look into our monthly expenses. What we found was that we had roughly the same expenses every month with one big exception - payroll. At the time we were paying employees every two weeks, as is fairly common with many businesses. The problem with that is that it meant a couple of months out of the year there were three payrolls instead of two. From an employee's perspective that's not really a bad thing because it's almost like getting extra money in the month. But, from the business side it made it difficult to budget and it really affected the books in the months th