Ruth King

Not getting financial statements will take you down

Ruth King joins Jim Blasingame to reveal how dangerous it is for a business owner to not get regular and accurate financial statements, including managing cash flow personally.

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Ruth King joins Jim Blasingame to reveal why being able to project and track cash flow is one of the greatest business levers.
Ruth King joins Jim Blasingame to reveal how you can stay out of cash trouble long term is you put 1% of all sales receipts in a savings account and leave it there as long as you can.
Ruth King joins Jim Blasingame to reveal that most business failures happen because the founders didn’t understand how to manage cash as it’s impacted by time.
Ruth King joins Jim Blasingame to reveal some things you can do to limit your embezzlement exposure and keep employees honest, including signing all checks, if possible, and having checking account records sent to your home.
Ruth King joins Jim Blasingame to reveal her experience with discovering embezzlement, some of the methods she’s seen and why the embezzler is almost always someone highly trusted.