Profit First Cheat Sheet - Web the profit first formula. The gaap (generally accepted accounting principles) formula for determining a business's profit. Allocate revenue to each account ๐ธ 4. Set up the five profit first accounts ๐ต 3. Determine your profit margin ๐ฐ 2.
Allocate revenue to each account ๐ธ 4. Set up the five profit first accounts ๐ต 3. Web the profit first formula. The gaap (generally accepted accounting principles) formula for determining a business's profit. Determine your profit margin ๐ฐ 2.