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Cheat Sheet (1-minute): Use the casino rule — rack chips before you play.

What trips most owners

  • One big balance = one big gamble. Feels spendable… until payroll & tax hit.
  • Paper profit, empty tray. P&L says “win,” bank says “no chips.”
  • Spending by vibe. No weekly limit → table takes more than you think.

Your new table rules

  • Rack your chips: Profit first, Tax next, then OPEX.
  • Skim 1% first from every inflow into Profit (non-negotiable).
  • Weekly cap: move only this week’s OPEX into the spend tray.

Glossary (zero jargon)

  • Chip tray = a separate bank bucket with one job.
  • Rack = move money into trays before spending.
  • 1% first = tiny win you actually keep; raise later.

Do these in 2 minutes

  • Get your safe-to-spend for this week.
  • Find your #1 bottleneck (Cash / Profit / Revenue).
  • Keep this 1-page sheet for quick checks.

We’ll also email these links so you don’t lose them. Guidance only; not tax or accounting advice.

Xero Blind Spots — 1-Page Cheat Sheet

Use the casino rule: rack chips before you play. Works even if you’ve never heard of Profit First.

What trips most owners

  • One big bank balance feels spendable… until payroll and tax show up.
  • P&L says win, bank says no chips. That “profit” isn’t parked anywhere.
  • Spending by vibe. No weekly limit means the table always takes more.

Your new table rules

  • Rack your chips: Profit first, Tax next, then OPEX.
  • Skim 1% from every inflow into Profit. Start tiny so it sticks.
  • Weekly cap: move only this week’s OPEX into the spend tray.
  • Pay bills from OPEX only. Profit and Tax trays stay off-limits.

Mini glossary

  • Chip tray = a separate bank bucket with one job.
  • Rack = move money into trays before spending.
  • 1% first = a small automatic win you actually keep.

Guidance only; not tax or accounting advice. Replace the Download button with your hosted PDF link when ready.