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...
Oct 22, 2019 | Part-Time CFO
Entrepreneurs who open businesses face significant challenges in starting up and operating that small business says part-time CFO. Out of all of the risks that they face, fraud shouldnít be one of them. However business owners every day are putting their business and...
Oct 22, 2019 | Part-Time CFO
Often when business owners start their new business, they are operating on a shoestring budget says part-time CFO. And because of this, they only have one employee working on financial tasks. Many business owners do not understand what a risk this poses to their...
