How to Keep Your Small Business from Fraud

From WikiMediation

Revision as of 11:43, 4 October 2013 by Staceyjacobs100412 (Talk | contribs)
(diff) ← Older revision | Current revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Small establishments are easy targets for hackers scams as well as fraud. This is perhaps due to a lack of skill the owners have. Right now, technology provides many options for fraud, from computer hacking in order to identity theft. Here is a list of hints that will help you keep your small business towards embezzlement and fraud!

• Keep your workers near!

Sadly, internal fraud is much more common that we would like to imagine. Employers may cheat you when it comes to money, information plus they can steal valuable assets. Don't forget to do background checks before you hire someone and periodically check accounting reports. Inventories, for example, are the most common example of frauds. Certain employees may be tempted to leave out some goods which they take for free. In order to prevent internal fraud, be sure your business has a strict set of rules which everybody respects. Hire only professionals who have great credentials and more importantly, keep your workers happy! A lot of employees commit fraud because of small pay or even bad working conditions. You simply can't expect people to stay loyal if you treat them badly.

• Protect your information!

Information theft is very common nowadays as computer hacking has reached an unprecedented high. Make sure that your emails are encrypted, it means that only you and the one to whom is sent can read them. Backup important information on USB devices and keep your company's laptops and also computers in a safe place. Tell your employees regarding spam and internet scams and advise them not to forward such emails. Ultimately, make certain your computers are protected by an updated antivirus program.

• Customers fraud

Many customers will try to get something from your business at no cost. Fake checks as well as credit cards are common methods criminal rob stores. Make sure your cashier will correctly check every check and credit card he or she receives. A customer can also demand compensation if they get hurt on your premises. Do not give in to such demand if you know that your company had nothing to do with the accident. If you are sued, hire a lawyer and she or he will help with your case. Having cameras installed in your business can certainly help prevent customer related frauds!

All in all, small businesses are always in danger of falling victims to fraudulent actions. It is advisable to take preventive measures to make certain that your money and information are secure. Some might cost money, but it is always a good idea to invest in your company's protection!

Had you been the victim of theft and fraud? If yes, you will need professional help, visit us! And get help from a lawyer specialized in criminal law!

Personal tools
WikiMediation Partners