{"id":610230,"date":"2023-02-21T01:49:53","date_gmt":"2023-02-21T07:49:53","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/21\/dumb-financial-mistakes-business-owners-make-and-how-to-avoid-them\/"},"modified":"2023-02-21T01:49:53","modified_gmt":"2023-02-21T07:49:53","slug":"dumb-financial-mistakes-business-owners-make-and-how-to-avoid-them","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/21\/dumb-financial-mistakes-business-owners-make-and-how-to-avoid-them\/","title":{"rendered":"Dumb Financial Mistakes Business Owners Make and How to Avoid Them"},"content":{"rendered":"
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Published: Feb 20, 2023<\/span><\/span>
\nby Small Business Radio Show<\/a><\/span><\/span>
\nIn Small Business News<\/a><\/span>
\n0<\/a><\/span><\/span><\/p>\n

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I have been crusading against dumb financial<\/a> mistakes business owners make small business owners make ever since I lost $1M off the sale price of my last business because I could not read a balance sheet; and I had an MBA from Northwestern University!<\/p>\n

On The Small Business Radio Show<\/a> this week, my guest is Ruth King<\/a> who is the President of Business Ventures Corporation. Ruth has a passion for helping businesses get and stay profitable.\u00a0 She is especially proud of one small business owner who had $750,000 in revenues when Ruth started consulting with him. Sixteen years later, the business had grown to $10 million and it was sold for $9 million in cash!<\/p>\n

\"financial<\/p>\n

Her latest book, \u201c101 Dumb Financial Mistakes Business Owners Make and How to Avoid Them\u201d, will be released in September, 2023.\u00a0 It is preceded by the #1 Best Selling book, \u201cThe Courage to be Profitable\u201d.<\/p>\n

Here are the dumb financial mistakes we discussed and how to avoid or fix them:<\/strong><\/p>\n