Small Business Ownership Mistakes

By: Amy Rose Herrick

Narrated by: Virtual Voice

Starting your first business? What you don’t know can quietly destroy it.

Most small business failures don’t happen because the idea was bad — they happen because the business was structured wrong from the very beginning.

Many entrepreneurs rush through startup paperwork, sign what’s put in front of them, and assume everything will work itself out later. The problem? Ownership structure mistakes, partnership missteps, and missing startup essentials often don’t show up until years later — when fixing them is expensive, stressful, or impossible.

If you moved from employee to business owner, you probably discovered the hard way that no one hands you a playbook. Suddenly you’re expected to manage finances, partners, taxes, risk, operations, and long-term planning — all at once — while hoping nothing critical breaks.

This book exists to stop that damage before it starts.

Drawing from decades of real-world experience, Small Business Ownership Mistakes: What You Don’t Know Will Destroy Your Business delivers easy-to-understand advice for small business owners who want to start smart, protect what they’re building, and avoid costly lessons learned too late.

Inside, you’ll learn:

• What small business startups must have in place from day one

• How to start your first business right instead of fixing avoidable mistakes later

• The hidden risks in business partnerships and single-member structures

• Why many ownership decisions backfire years after launch

• A practical start a business checklist most entrepreneurs never see

• Common mistakes and lessons in business learned the hard way — so you don’t have to

This book is especially valuable if you are:

Starting your first business

Entering a partnership

Operating as a single-member owner

Feeling unsure whether your current structure is protecting you

Planning long-term growth, stability, or exit

The step-by-step roadmap at the end helps you turn insight into action — quickly, clearly, and with confidence.

Because surviving in business isn’t about luck.

It’s about knowing the right questions before the wrong answers cost you everything.