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In this video, Jimmy goes through a popular method of bookkeeping in business called Profit First! In the video he discusses the pros and cons, Parkinson’s Law, the allocations and bank accounts you should set up, as well as who you should talk to so you can do this properly. Again a disclaimer, please talk to your accountant and bookkeeper to make sure this is done properly in your business. Jimmy is not a licensed professional and this video includes his anecdotal thoughts around Profit First for eCommerce Sellers. Let him know any questions you have in the comments! Links Mentioned: eCommerce Accountant: https://ecommerceaccountingllc.com 500+ Success Stories: https://askjimmysmith.com/success Side Hustle to Full Time Income Book: https://bit.ly/replensbook Jimmy’s Amazon Selling Course: https://askjimmysmith.com/sell-on-amazon Free Amazon Facebook Group: https://bit.ly/mstgroup Make sure to visit his website, askjimmysmith.com, to sign up for his newsletter so you can stay up-to-date on all Amazon Replens Arbitrage related news and tips! Additionally, head over to Amazon at this link (https://www.amazon.com/Side-Hustle-Fu...) to check out his best-selling book, Side Hustle to Full Time Income, so you can learn to add replens to your Retail Arbitrage and Online Arbitrage business! Disclaimer: While all of these success stories/testimonials are from real people and we get more each and every day, please understand however that the results posted are not typical. I'm not implying you’ll duplicate them or that you’ll get any results at all! Your results will vary greatly and will depend on many factors including your experience, work ethic and other factors as well. The fact is, the average person who buys any business course or training gets little to no results. The results I share here and in other places are for reference only. Business always involves risk and your best chance of success is to take consistent, intentional action. We can equip and inspire you, but no one, including me can guarantee your results!