This is the final post in a four-part series on employee theft. If you suspect that theft or fraud has occurred in your business, then you should promptly follow up with a thorough investigation. When done properly, an investigation can help you limit your loses and quickly resolve the situation. First you need to determine […]
Monthly Archives: June 2009
Employee Theft in Your Small Business: Tips for Prevention
This is the third post in a four-part series on employee theft. The Association of Certified Fraud Examiners (ACFE) in its Report to the Nation on Occupational Fraud & Abuse recently estimated that the typical business will lose an average of six percent of revenues from employee theft, and according to the U.S. Chamber of […]
Employee Theft in Your Small Business: What is the Effect?
This is the second post in a four-part series on employee theft. As the economic recession churns on and countless Americans struggle to get some control over their mounting debt, incidents of employee theft and fraud are becoming more and more common. The FBI even calls employee theft “the fastest growing crime in America,” and […]
Employee Theft in Your Small Business: What Are the Causes?
This is the first article in a four-part series on employee theft. In this series I will cover some of the major causes of theft among workers as well as the extensive and often disastrous effects these occurrences bring to smaller businesses and their customers. Finally, I will end this series with some tips for […]
Strange… But True Small Business Tax Deductions
The 2009 tax season may have come to an end. But now that all the dust has settled and those tax returns have been spent, its time to begin thinking about 2010… To get you started, take a look at these strange, but true attempts individuals have made to reduce their tax burdens. And yes, […]
Tips on How to Grow Your Small Business in a Recession
Yes, there are small businesses out there that are considering growth opportunities even as our current recession keeps a tight hold on our economy. But for those small businesses that are in this situation, any steps that they take to expand operations should be carefully implemented. Here are a few tips on how to responsibly […]
Health Care Reform: A Major Concern for Small Businesses
Over the past few weeks the Obama Administration has placed the topic of health care reform front and center on the national agenda. The move has sparked fresh debate, concern, and anxiety among politicians, consumers, business owners big and small, as well as health industry experts and representatives. Most agree that something must be done […]
What Happens When a Small Business Declares Bankruptcy?
The recent announcement that GM has filed for bankruptcy is only the latest in a list of big corporations that have taken the financial plunge- a list that includes such “household names” as Circuit City, KB Toys, CompUSA, Linens n’Things, and most recently, Chrysler). This unavoidable trend also includes many smaller businesses and consumers. Since […]