This week, we spoke with Ruth King, a “profitability master” that helps small businesses grow by improving their financing processes. Through Business Ventures, Ruth helps small business owners reach their financial goals through training and resources. In this episode, we discussed blockers for creating meaningful change for a business, advice on starting a business, pricing for profit, the difference between profit and wealth, and what to look out for when hiring financial professionals.
If you want to learn more about Ruth and how she can help your business visit ruthkinghvac.com.
3:10 Get to know Ruth King
6:43 Blockers for change
9:56 Three things to do right now to get started
14:25 Net profit per hour pricing model
23:21 The difference between profit and wealth
27:33 The rules for cash savings
30:14 How to manage a bookkeeper and avoid embezzlement
