In the December print issue of RJ 2.0, we began discussing theft in the office. We talked about creating checks and balances so that no one person has total responsibility for any area of your company without someone else having oversight in that area as well. We talked about how to deposit money, monitoring your lines of credit and reviewing your P/L Statement internally as well as with your CPA. We also discussed creating and reviewing budgets and having periodic internal audits performed.
This issue we will look at eight more areas that might be helpful in terms of putting checks and balances in place.