Oct 22, 2019 | Part-Time CFO
Business owners who only have one person in charge of their accounting and finances often find out the hard way why that is a bad idea says part-time CFO. Many business owners are not aware of the significant fraud risks that exist within their own company. Therefore...
Oct 22, 2019 | Part-Time CFO
Business owners may run out of cash in their business for a variety of reasons says part-time CFO. Running out of cash is one of the top reasons that businesses fail in Canada. However businesses that run out of cash because employees have stolen from them shouldnít...
Oct 22, 2019 | Part-Time CFO
Mitigating fraud risks in businesses is often much simpler and easier than many businesses think it can be says part-time CFO. Many business owners arenít even aware of all of the ways their business is at risk for fraud, or they think that they canít afford to pay...
Oct 22, 2019 | Part-Time CFO
Industry Canada says that 50% of all businesses are out of business in five years, and that 29% of them will say the reason why they failed and business is that they ran out of cash says part-time CFO. Because cash flow problems are so prevalent in small business,...
Oct 22, 2019 | Part-Time CFO
One of the ways that businesses unnecessarily open themselves up to risk in their business says part-time CFO is through employee fraud. This is a very serious and very common way that businesses get defrauded that can quickly add up. One of the reasons why is the...
