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SBP 066: 11 Intelligent Ways To Prevent Theft and Fraud in Any Business

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Manage episode 298947499 series 2871315
Content provided by John-Paul Iwuoha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John-Paul Iwuoha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Growth is a beautiful thing in any business.

When you grow, you make more money, serve more customers, and hire more employees.

But there’s something else that comes with growth.

It’s called complexity.

As your business grows, it becomes harder and harder to monitor everything.

It becomes harder to monitor everybody that works for you, especially their actions and decisions.

As a result, it can become easier for theft and fraud to happen in your business.

That’s when you need a system of controls to help you.

Controls will be your eyes and ears in the business even when you’re not physically present to monitor things by yourself.

Without good controls, the owners of big and complex companies like Amazon, Dangote and Coca-Cola would not be able to sleep at night.

This is why you need to listen to this fascinating lesson.

You’re going to learn 11 intelligent and creative ways to prevent theft and fraud in any business.

The things you’re about to hear will stick with you for a long time.

  continue reading

101 episodes

Artwork
iconShare
 
Manage episode 298947499 series 2871315
Content provided by John-Paul Iwuoha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John-Paul Iwuoha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Growth is a beautiful thing in any business.

When you grow, you make more money, serve more customers, and hire more employees.

But there’s something else that comes with growth.

It’s called complexity.

As your business grows, it becomes harder and harder to monitor everything.

It becomes harder to monitor everybody that works for you, especially their actions and decisions.

As a result, it can become easier for theft and fraud to happen in your business.

That’s when you need a system of controls to help you.

Controls will be your eyes and ears in the business even when you’re not physically present to monitor things by yourself.

Without good controls, the owners of big and complex companies like Amazon, Dangote and Coca-Cola would not be able to sleep at night.

This is why you need to listen to this fascinating lesson.

You’re going to learn 11 intelligent and creative ways to prevent theft and fraud in any business.

The things you’re about to hear will stick with you for a long time.

  continue reading

101 episodes

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