Financial Mistakes That Can Kill Small Businesses

Many small businesses struggle financially not because of a lack of effort, but because of financial habits and mistakes that quietly damage long-term stability. This workshop will help entrepreneurs recognize common financial pitfalls and shift toward healthier business practices that support sustainability and growth.

Participants will explore issues such as poor cash flow management, misunderstood tax responsibilities, and commonly missed write-offs and deductions that can cost business owners money over time. The session will also explain the differences between hiring independent contractors versus employees, how financial habits impact profitability, and what warning signs business owners should pay attention to before small financial issues become major business problems.