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Five Retirement Mistakes Small Business Owners Make

South Carolina Business Review logo

Being your own boss means being very busy.  Ask any small business owner if they work harder now than they did when they worked for someone else and you know what you’ll hear.  But being busy can also mean some things may get pushed to the back burner.  Some things that our next guest says can lead to big problems, if they continue to be ignored.

Mike Switzer interviews Bryan Ballentine, a certified financial planner in Greenville, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.