# The Financial Blind Spots Hurting Your Business | Ed Patton

Page: https://stenobird.com/podcast/david-c-barnett-small-business-and-deal-making-m-a-smb-398395/the-financial-blind-spots-hurting-your-business-ed-patton
Text version: https://stenobird.com/podcast/david-c-barnett-small-business-and-deal-making-m-a-smb-398395/the-financial-blind-spots-hurting-your-business-ed-patton.md
Podcast: [David C Barnett Small Business and Deal Making M&A SMB](https://stenobird.com/podcast/david-c-barnett-small-business-and-deal-making-m-a-smb-398395)
Published: 2026-08-13T17:30:19+00:00
Episode link: https://soundcloud.com/dbarnettmoncton/the-financial-blind-spots
Audio file: https://feeds.soundcloud.com/stream/2381094390-dbarnettmoncton-the-financial-blind-spots.mp3
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Duration seconds: 2766

## Resource

- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com In this "best-of" interview, I sit down with financial expert Ed Patton to discuss the financial fundamentals every small business owner needs to understand. We explore the difference between accounting and finance, why focusing only on your profit and loss statement can create dangerous blind spots, how to understand liquidity, and why expenses like taxes, capital expenditures, debt payments, and working capital can catch business owners by surprise. We also discuss how to make smarter decisions about borrowing, investing, growth, and where to deploy your limited business capital. **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com ----- #SmallBusiness #BusinessFinance #CashFlow #FinancialLiteracy #BusinessOwner #Entrepreneurship #BusinessGrowth #FinancialManagement Special Xero offer: Get 90% off for 6 months using this link: https://referrals.xero.com/DavidCBarnett_xero . Terms & Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY

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## Transcript

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