Your small business is always vulnerable to financial mismanagement ranging from employees “skimming” money occasionally, to serious, long-term embezzlement. But there are many steps you can take to mitigate your vulnerabilities. In our survey of small business owners and managers on protecting one’s business, nearly two-thirds reported being “somewhat concerned” or “very concerned” about ethics…
Managers may be the last to know about an ethics issue in the business. It is important to give employees a way to alert management to potential problems without fear of retaliation. When establishing a whistleblower policy, consider the following: Whistleblower Reports are a Gift While bad news is never enjoyable, it can stave off…
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