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Manage episode 488320122 series 3579522
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In this brutally honest episode of Business Babble, we’re joined by Linda Nelson from Dains Accountants (formerly Condies), who breaks down the biggest mistakes she sees business owners make – and how to avoid them.

We cover everything from the difference between being a sole trader vs. limited, how and when to take dividends, why directors’ loans can land you in hot water, and what really happens when a company goes into liquidation.

You’ll also hear:

  • The #1 sign you need to change accountant
  • The golden rule of taking money out of your business
  • Why so many businesses run out of cash – even when they look “profitable”
  • What it actually means to “be liable” for a business in trouble
  • And the most overlooked financial habit that separates thriving businesses from failing ones

💥 If you're running a business and want to avoid costly financial mistakes, this episode is a must-listen.

#BusinessBabblePodcast #AccountingTruths #EntrepreneurFinance #SoleTraderVsLtd #SmallBizAdvice #BusinessMistakes #MoneyMatters #CashflowTips #FinanceForFounders #StartupSupport #BusinessGrowthUK #DainsAccountants

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71 episodes