Profit First
Profit First

Author: Mike Michalowicz

Publisher: Penguin

Published: 2017-02-21

Total Pages: 225

ISBN-13: 073521414X

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Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Good Profit
Good Profit

Author: Charles G. Koch

Publisher: Crown Currency

Published: 2015-10-13

Total Pages: 290

ISBN-13: 1101904143

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NEW YORK TIMES BESTSELLER • Learn how to apply the principles of Charles Koch’s revolutionary Market-Based Management® system to generate good profit in your organization, company, and life “This book helps show you the way to good profit—whether you work for an international supermarket chain, a medium-sized regional business, or your own start-up.”—John Mackey, co-founder and co-CEO, Whole Foods Market The technological innovations, extreme politics, civil unrest, cyber attacks, demographic shifts, and global pandemic that have affected all businesses since this book was published have only confirmed Charles Koch’s belief that “the only reason a business should exist (and the only way it can legitimately survive long term) is to create value in a responsible way.” Hence, the principles in Good Profit are more important today than ever before. What exactly does Koch Industries, Inc., do and why is it so remarkably profitable? Koch’s name may not be on your home’s plywood, vehicle’s grille, smartphone’s connectors, or baby’s ultra-absorbent diapers but it makes them all. And Koch’s Market-Based Management® (MBM) system is what drives these innovations and many more. The core objective of MBM is to generate good profit. Good profit results from products and services that customers vote for freely with their dollars. It results from a bottom-up culture where employees are empowered to act entrepreneurially to discover customers’ preferences and the best ways to improve their lives. Drawing on six decades of interdisciplinary studies, experimental discovery, and practical implementation across Koch businesses worldwide, Charles Koch walks the reader through the five dimensions of MBM to show how to apply its framework in any business, industry, or organization of any size. Readers will learn how to: • Craft a vision for how to thrive in spite of increasingly rapid disruption and ever-changing consumer values • Select and retain a workforce possessing both virtue and talent • Create an environment of knowledge sharing that prizes respectful challenges from everyone at every level • Award employees with ownership and decision rights based on their comparative advantages and proven contributions, not job title • Motivate all employees to maximize their contributions by structuring incentives so compensation is limited only by the value they create A must-read for any leader, entrepreneur, or student, as well as anyone who wants a more civil, fair, and prosperous society, Good Profit is one of the greatest management books of all time.

Speaking of Profit
Speaking of Profit

Author: William T. Rowe

Publisher: Harvard University Press

Published: 2018

Total Pages: 0

ISBN-13: 9780674983809

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The Qing Empire in the early nineteenth century faced bureaucratic corruption, food shortages, infrastructure decay, domestic rebellion, adverse balances of trade, and a previously inconceivable foreign threat from the West. William T. Rowe uses literati reformer Bao Shichen as a prism to understand contemporary response to this general crisis.

Taxing Profit in a Global Economy
Taxing Profit in a Global Economy

Author: Michael P. Devereux

Publisher: Oxford University Press

Published: 2020-09-29

Total Pages: 401

ISBN-13: 0198808062

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The international tax system is in dire need of reform. It allows multinational companies to shift profits to low tax jurisdictions and thus reduce their global effective tax rates. A major international project, launched in 2013, aimed to fix the system, but failed to seriously analyse the fundamental aims and rationales for the taxation of multinationals' profit, and in particular where profit should be taxed. As this project nears its completion, it is becomingincreasingly clear that the fundamental structural weaknesses in the system will remain. This book, produced by a group of economists and lawyers, adopts a different approach and starts from first principles in order to generate an international tax system fit for the 21st century. This approach examines fundamental issues of principle and practice in the taxation of business profit and the allocation of taxing rights over such profit amongst countries, paying attention to the interests and circumstances of advanced and developing countries. Once this conceptual framework is developed, the book evaluates the existing system and potential reform options against it. A number of reform options are considered, ranging from those requiring marginal change to radically different systems. Some options have been discussed widely. Others, particularly Residual Profit Split systems and a Destination Based Cash-Flow Tax, are more innovative and have been developed at some length and in depth for the first time in this book. Their common feature is that they assign taxing rights partly/fully to the location of relatively immobile factors: shareholders or consumers.

People, Power, and Profits: Progressive Capitalism for an Age of Discontent
People, Power, and Profits: Progressive Capitalism for an Age of Discontent

Author: Joseph E. Stiglitz

Publisher: W. W. Norton & Company

Published: 2019-04-23

Total Pages: 366

ISBN-13: 1324004223

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A Nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy—and its government—tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn’t done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us—the U.S. citizens—and not the other way around. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, People, Power, and Profits shows us an America in crisis, but also lights a path through this challenging time.

White Lotus Rebels and South China Pirates
White Lotus Rebels and South China Pirates

Author: Wensheng Wang

Publisher: Harvard University Press

Published: 2014-01-06

Total Pages: 305

ISBN-13: 0674727991

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The reign of Emperor Jiaqing (1796–1820 CE) has long occupied an awkward position in studies of China’s last dynasty, the Qing (1644–1911 CE). Conveniently marking a watershed between the prosperous eighteenth century and the tragic post–Opium War era, this quarter century has nevertheless been glossed over as an unremarkable interlude separating two well-studied epochs of great transformation. White Lotus Rebels and South China Pirates presents a major reassessment of this misunderstood period by examining how the emperors, bureaucrats, and foreigners responded to the two crises that shaped the transition from the Qianlong to the Jiaqing reign. Wensheng Wang argues that the dramatic combination of internal uprising and transnational piracy, rather than being a hallmark of inexorable dynastic decline, propelled the Manchu court to reorganize itself through a series of modifications in policymaking and bureaucratic structure. The resulting Jiaqing reforms initiated a process of state retreat that pulled the Qing Empire out of a cycle of aggressive overextension and resistance, and back onto a more sustainable track of development. Although this pragmatic striving for political sustainability was unable to save the dynasty from ultimate collapse, it represented a durable and constructive approach to the compounding problems facing the late Qing regime and helped sustain it for another century. As one of the most comprehensive accounts of the Jiaqing reign, White Lotus Rebels and South China Pirates provides a fresh understanding of this significant turning point in China’s long imperial history.

Fat Profits
Fat Profits

Author: Bruce Bradley

Publisher: Howling Hound Press

Published: 2012-08-06

Total Pages: 337

ISBN-13: 1938053087

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Set in the heart of Corporate America, Fat Profits is an action-packed thriller about a corrupt food company that will stop at nothing to fatten its profits and become a Wall Street darling.

Thou Shall Prosper
Thou Shall Prosper

Author: Daniel E. Lapin

Publisher: John Wiley & Sons

Published: 2002-09-30

Total Pages: 376

ISBN-13: 9780471218685

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Offers advice on personal finance and creating wealth based on the principles of Jewish tradition.

Risk, Uncertainty and Profit
Risk, Uncertainty and Profit

Author: Frank H. Knight

Publisher: Cosimo, Inc.

Published: 2006-11-01

Total Pages: 401

ISBN-13: 1602060053

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A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

People Over Profit
People Over Profit

Author: Dale Partridge

Publisher: HarperCollins Leadership

Published: 2015-05-05

Total Pages: 238

ISBN-13: 0718021754

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Serial entrepreneur and business visionary Dale Partridge reveals seven core beliefs that create success by putting people first. Every day major headlines tell the story of a new and better American marketplace. Established corporations have begun reevaluating the quality of their products, the ethics of their supply chain, and how they can give back by donating a portion of their profit to meaningful causes. Meanwhile, millions of entrepreneurs who want a more responsible and compassionate marketplace have launched a new breed of socially focused business models. Sevenly founder Dale Partridge uncovers the seven core beliefs shared by consumers, starters, and leaders behind this transformation. These beliefs have enabled Dale to build a multimillion-dollar company that is revolutionizing the marketplace In People Over Profit, Partridge will help you realize: People matter Truth wins Transparency frees Authenticity attracts Quality speaks Generosity returns Courage sustains Partridge believes these beliefs are the secret to creating a sustainable world that values honesty over deception, transparency over secrecy, authenticity over hype, and ultimately, people over profit.