#3: Allocating Your Firm's Incoming Revenue

You need to have a solid understanding of how much money you have and where it's going. From there, you can be very intentional about the adjustments you want (or need) to make. Listen to this episode to hear what principles from the Profit First methodology are most important for Melissa and her clients and how to be on top of your firm's financial position in any given moment. Links from episode: Mike Michalowicz Profit First Book How to Find a Bank that Supports Profit First

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The Law Firm Owner Podcast, powered by Velocity Work, is the go-to resource for law firm owners looking to take their business to the next level. Host and founder Melissa Shanahan shares insights and practical advice on how to organize your numbers, grow your team, increase your revenue, and achieve a better work-life balance. Through quarterly strategic planning, accountability, and coaching, Melissa shows listeners how to create sustainable success for both their firms and their personal lives. Tune in each week to join the community of law firm owners who are committed to taking their businesses from where they are now to where they want to be.