A frequent event these days is a car or truck driving into a business, often through the front door. All hell breaks loose.
Sometimes it is by accident.
Sometimes it is a robbery after hours.
Every business should have architectural barriers protecting the front door, yes, maybe those unsightly yellow posts or large concrete flower planters.
If you are in any sort of retail business, you need protocols and training for 1) armed robberies, 2) shoplifters and 3) active shooters.
Office complex? Active shooter reaction.
Yes, the world has come to this.
This month our publishing company is rolling out our first book:
Childcare Centers: Business Manual
The book is already available on Amazon as a Kindle book.
Don't have a Kindle? Download the Kindle app on just about any computer and you can read any Kindle E-book.
Estimates vary, but it is likely that at least one of ten businesses have an embezzlement problem at some time.
And that does not count other forms of theft (merchandise theft, expense account abuse, etc.).
Our publishing company will be addressing this very soon.
If you expect and/or allow your employees to use their personal smart phones for business, you need to be willing to accept a certain level of cyber risk.
If you provide smart phones for your employees, be very clear about allowable personal use.
There are sites on the Internet dedicated to stories about bad managers. Reddit in particular.
These sites also features reports of employee revenge (quitting, quiet quitting, malicious compliance).
Try not to be one of the managers who become a story on the Internet.
Bookkeeping, the mechanical accounting work of analyzing, recording and summarizing transactions, is critical to every company and organization because:
1) financial statements and tax returns depend on accurate bookkeeping
2) internal controls depend on accurate and timely bookkeeping
3) your CPA depends on accurate bookkeeping, especially at tax time *
4) internal analytics depend on accurate bookkeeping
The type of bookkeeping you need depends on the size and type of your business. The accounting system should be customized to your industry and your organization.
There are many computerized systems, some general and some specific, which can be customized to your organizations. Your CPA may have direct involvement, or less direct involvement, depending on circumstances.
Cheap is not better. Procrastination does not bring results.
*the cost and timeliness of your returns depends on your inputs
