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J Allen & Associates
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Why Five Bank Accounts Are Better Than Just One

Why Five Bank Accounts Are Better Than Just One

by Jennifer Allen, CPA | Profit First

Most business owners I know typically have one bank account. And if they have more than one, it’s usually a savings account. One of the core elements of implementing Profit First is using multiple bank accounts — at least five — which can be a hard concept for...
Here’s Why Every Business Owner Needs (Deserves!) a Coach

Here’s Why Every Business Owner Needs (Deserves!) a Coach

by Jennifer Allen, CPA | Blog, Profit First

Athletes. Singers. Authors. Actors. Speakers. When you think of the type of person who might work with a coach, are these the professions that come quickly to mind? Let’s add one more to the list of people who might use a coach: Business owners. If you run a...
What is a Profit First Professional or Profit First Coach?

What is a Profit First Professional or Profit First Coach?

by Jennifer Allen, CPA | Profit First

“What is a Profit First Professional?” I hear this question a lot. People see my designation on our website or notice it on my LinkedIn profile. I never get tired of answering the question because it allows me to share something I’m passionate about...
Why Cash Flow is the Lifeblood of Business

Why Cash Flow is the Lifeblood of Business

by Jennifer Allen, CPA | Profit First

Business cash flow — the money coming into and going out of our businesses — makes me think of the blood that courses through our veins. And I just found out I’m not the only person who imagined this analogy. Today I learned that Richard Branson, the...
How to Run a More Profitable Business (Hint: Put Profit FIRST)

How to Run a More Profitable Business (Hint: Put Profit FIRST)

by Jennifer Allen, CPA | Profit First

In my line of work, it doesn’t take too long for me to discover the financial health of the companies I work with. I can tell who is running a profitable business, who is possibly six months away from shutting their doors and who’s taken on too much debt....

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