Financial Implications of business ownership and how to do it well.
Being a business owner doesn’t just involve being a good practitioner of one’s craft. Are many business owners experts in their chosen field? Absolutely. But running a successful business often involves having a better-than-average understanding of finances, budgeting, logistics, communication, strategic planning, marketing, human resources, and so much more. In this episode of Inglorious Finance, Patrick and Mike introduce some of the financial implications of business ownership and how business owners can plan for financial stability, a happy workplace and eventually, their own profitable succession.