Thursday, April 20, 2023

The Latest Fraud Scheme

Check washing is the latest fraud scheme.

The check is stolen, soaked in acetone, the original ink fades, and new payee and amount information is added with a dark pen.

The bank cannot detect the difference. So......

NEVER mail checks in the outdoor blue box, thieves have stolen master keys.

NEVER mail checks in a home or business box with a red flag.

Take the checks into the post office and mail in the indoor slot.

Tuesday, April 11, 2023

What is Consulting? Part 1

 What is consulting, and what exactly do consultants do?

Consulting is advice from an outsider person or firm, not including accounting or legal advice (although these three types of advice are often interrelated).

The consultants offer either specific technical advice or general business advice, or both. Some consultants may be hands on with implementation, often in tech projects, where the users are not sophisticated enough to do installations and set up.

At times the role is crisis management - financial, strategic, operational or HR among others.

The role of the consultant is to add value to the business, either by fixing problems or improving operations or both.

This series will discuss types of consulting, relationships with consultants and the business of consulting.