How to prevent employees from stealing from you

Worried about employees stealing from your business? Unfortunately, employee theft and fraud are more common than many business owners realize — but there are steps you can take to protect yourself. In this video, I’ll share practical ways to prevent employee theft.
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Chapters:
0:00 Intro
0:52 Trust is not enough
1:22 Restrict bank and credit card access
1:52 Read-only access
2:05 Limit access to cash
2:57 Regular inventory counts
3:34 Hide the bank balance
5:21 No bank statements or bank reconciliations
5:37 Outsource your bookkeeping
6:00 Bank and credit card reconciliations
6:20 Review financial reports
6:47 Provide feedback
7:24 Be aware
7:49 Closing and resources

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Disclaimer:
The information in this video is for educational purposes only. It is not intended as legal, tax, or accounting advice. Please consult with a qualified professional for advice specific to your situation.

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