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by starting with where you are now - start your Instant Assessment here.

1Gather Your Numbers

2Enter Revenue & Profit

3Enter Profit First Expense Categories

Before we get started, here's what you'll need.
Your P&L for the last full year of business.
The tax returns for each owner for your last full year of business' tax period.
Your end-of-year balance sheet for your last full year of business.

Name(Required)

First Last

Email(Required)

Company Name(Required)

Number of employees(Required)

Number of years in business(Required)

Industry(Required)

I have my numbers(Required)

I'm ready to start my assessment

Total Revenue(Required)

This should be your total annual revenue for your last full year.

Materials and Subcontractors Expense(Required)

This should be your total expenses for materials and subcontractors for your last full year. Do NOT include any prepaid materials.

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Materials and Subcontractors %

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Materials and Subs Target $

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Materials and Subs Difference

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Materials and Subs Target $250 - $1M

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Materials and Subs Difference $250 - $1M

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Materials and Subs Target $1M - $2.5M

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Materials and Subs Difference $1M - $2.5M

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Materials and Subs Target $2.5M - $5M

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Materials and Subs Difference $2.5M - $5M

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Materials and Subs Target $5M - $10M

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Materials and Subs Difference $5M - $10M

Real Revenue

This is a simple calculation of your total revenue minus your materials and subcontractor expenses. It's calculated for you!

Net Profit(Required)

You'll find this number on your P&L from your last full year.

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Net Profit Current Percentage

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Net Profit PF Target $

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Net Profit Difference

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Net Profit PF Target $250 - $500

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Net Profit Difference $250 - $500

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Net Profit PF Target $500 - $1M

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Net Profit Difference $500 - $1M

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Net Profit PF Target $1M - $5M

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Net Profit Difference $1M - $5M

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Net Profit PF Target $5M - $10M

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Net Profit Difference $5M - $10M

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Net Profit PF Target $10M+

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Net Profit Difference $10M+

Owner's Compensation(Required)

This should include any amount you've paid to any owner in the last full year. That includes payroll, distributions, and benefits (including use of a company vehicle and paid auto insurance).

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Owner's Comp %

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Owner's Comp PF Target $

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Owner's Comp Difference

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Owner's Comp PF Target $200 - $500

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Owner's Comp Difference $250 - $500

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Owner's Comp PF Target $500 - $1M

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Owner's Comp Difference $500 - $1M

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Owner's Comp PF Target $1M - $5M

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Owner's Comp Difference $1M - $5M

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Owner's Comp PF Target $5M - $10M

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Owner's Comp Difference $5M - $10M

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Owner's Comp PF Target $10M - $50M

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Owner's Comp Difference $10M - $50M

Taxes(Required)

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Taxes %

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Taxes PF Target $

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Taxes Comp Difference

Operating Expenses(Required)

This should include all operating expenses, including fixed costs, incurred in the last full year. This could include rent, utilities, office supplies, professional fees, advertising, etc.

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Op Ex %

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Op Ex PF Target $

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Op Ex Difference

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Op Ex PF Target $250 - $500

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Op Ex Difference $250 - $500

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Op Ex PF Target $500 - $1M

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Op Ex Difference $500 - $1M

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Op Ex PF Target $1M - $50M

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Op Ex Difference $1M - $50M

Check Your Math

Your Net Profit + Owner's Comp + Taxes + Operating Expenses MUST equal your REAL REVENUE. If this field is $0, that means you entered your information correctly! If this field is anything other than $0, your numbers will not calculate correctly, and you need to correct one of your numbers entered above.

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Confirmation URL

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Confirmation URL $250 - $500

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Confirmation URL $500 - $1M

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Confirmation URL $1M - $2.5M

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Confirmation URL $2.5M - $5M

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Confirmation URL $5M - $10M

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Confirmation URL $10M+

Comments

This field is for validation purposes and should be left unchanged.

MIKE MICHALOWICZ

Author, Profit First

Start Your

Profit First Instant Assessment

Let's Map Out where You're Going

MIKE MICHALOWICZ

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