Strategies for Preventing Fraud

This article discusses how fraud is one of the most concerning topics for start-ups and small businesses alike due to the highly digitalized world that we live in today. It is so prevalent that “organizations report losing 5 percent of their annual revenue to fraud.” For a small business, that could be detrimental. However, utilizing best practices surrounding areas such as payroll, online banking, and written checks can all help protect your business. Additionally, hiring a forensic accountant while your business is still young can prove beneficial in the long run. Be sure to check out this link for more information!

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