Join us on The Small Business Show as we welcome Tim Yurek, an experienced entrepreneur and CEO of Tier One Capital, to discuss "Unlocking Financial Freedom: A Primer on Growing Small Businesses." With his skills honed over 35 years in the finance industry, Tim offers an enlightening perspective on the financial challenges that plague small businesses, the costs of bad financial habits, and tools to foster financial stability and growth.
This episode features a strategic four-step process to guide small business owners in better understanding and improving their financial position. Yurek sheds light on how existing financial habits may be impacting businesses negatively, offering steps on how to stop and prevent these leaks. He further advocates for the establishment of robust savings mechanisms and encourages the practice of borrowing from oneself. By mastering these financial strategies, business owners can ensure a healthy cash flow, achieve financial freedom, and secure the future of their businesses.
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