Black Friday can either be a smart opportunity or the moment your law firm starts overspending without realizing it. The discounts are tempting, the urgency feels real, and suddenly OPEX is drained — all because purchases weren’t planned strategically.
Law firm owners often overspend this time of year, not because they need more tools or subscriptions, but because Black Friday creates a false sense of “savings.” Profit First helps prevent that by enforcing discipline, clarity, and intentional spending.
Here’s how to avoid turning Black Friday into a financial black hole.
Why Law Firms Overspend During Black Friday
Overspending usually happens because Black Friday triggers emotional decision-making:
- “It’s 40% off — I can’t miss this.”
- “It’s a business expense, it’s fine.”
- “I might need this next year.”
But here’s the truth:
If it isn’t planned and allocated for, it’s overspending.
Profit First protects you from emotional purchases by making OPEX your spending limit — not your impulses.
How Profit First Keeps You From Overspending
Follow these Profit First rules to avoid overspending:
1. Spend only on items already planned or budgeted
If it wasn’t on your quarterly budget, it’s an unplanned spend — meaning it’s overspending.
2. Check OPEX before buying anything
Emotions don’t decide purchases. Allocations do.
If OPEX doesn’t cover it → you’re overspending.
3. Ask this critical question: Does this support my next 90 days?
If not, you’re paying for future clutter, not future growth.
4. Annual renewals? Smart. Impulse upgrades? Overspending.
Renewals and pre-planned upgrades = strategic.
Everything else? Overspending disguised as a “deal.”
Smart Black Friday Spending (NOT Overspending)
A purchase only makes sense if it meets at least one of these:
✔ You already use it and save money by renewing
✔ It fits within your OPEX allocation
✔ It aligns with Q1 goals
✔ It increases profit or efficiency
✔ It replaces a tool you’re eliminating
Without these, Black Friday becomes overspending that hurts profit.
Related Read:
4 Ways to Stop Your Overspending
➡️ https://silverpeakscpa.com/4-ways-to-stop-your-overspending/
Black Friday Doesn’t Have to Destroy Your Profit
Black Friday becomes a problem only when overspending takes over.
Profit First ensures every dollar has a job — and none of those jobs include impulse buying.
Stick to your allocations. Protect your profit. Stay in control.
Ready to eliminate overspending and grow predictable profit?
Silver Peaks CPA helps law firm owners build disciplined, profitable, scalable financial systems.
👉 Book your free Discovery Call:
https://bookme.name/SilverPeaksCPA/lite/discovery-call-1
