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  • Casual Articles - Safeguards Agaist Employee Dishonesty

    Should You Incorporate Your Business?
    More than likely, at some point you are going to be asking yourself whether or not you should incorporate your business. Many people start out as sole proprietors and then incorporate later. However, there are a variety of pros and cons in deciding
    honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average comp

    The Benefits of Using Document Electronic Recording
    Although still a relatively new and emerging technology, companies are quickly realizing the many benefits of using electronic recording when it comes to storing important business documents. Believe it or not, there are still people slightly wear
    Losses through theft and fraud vary considerably by the type of operation and the efficiency of their management. To fully understand the cost lets look at the following example:

    Losses range, for example, from 1.5 percent of sales for a well-managed department store to about 13 percent for a loosely controlled operation. According to one estimate, dishonest employees account for over two-thirds of retail theft and shoplifting for the remainder. Even though you cannot eliminate stealing entirely, you can take steps to minimize it. The key lies in the proper mix of the right controls.

    The best safeguard against employee theft is the worker whose integrity is beyond question. Too many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average compa

    It's About Jobs!
    The federal government number purpose is to create jobs. Everything you do is about jobs. Paying taxes is about jobs. Advertising is about jobs. Jobs are about earning money. Earning money is about food, clothing, shelter, health care, educatio
    sales for a well-managed department store to about 13 percent for a loosely controlled operation. According to one estimate, dishonest employees account for over two-thirds of retail theft and shoplifting for the remainder. Even though you cannot eliminate stealing entirely, you can take steps to minimize it. The key lies in the proper mix of the right controls.

    The best safeguard against employee theft is the worker whose integrity is beyond question. Too many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average comp

    Construction Estimating In Building Has Benefits For You
    If you are just starting out in construction, the process of bidding may be a little confusing. When you are drawing up an estimate, you are basically calculating the total expense of the project you want to bid on. It is important that you remembe
    ugh you cannot eliminate stealing entirely, you can take steps to minimize it. The key lies in the proper mix of the right controls.

    The best safeguard against employee theft is the worker whose integrity is beyond question. Too many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average comp

    Avoid e-mail Overload and Still Keep Everyone Informed
    Have you ever come back from vacation, or from a business trip of more than a few days, to find an overstuffed e-mailbox containing a blow-by-blow account of everything that happened while you were away? E-mail overload at its worst!You know
    oo many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average comp

    Attributes of a Good Offshore Jurisdiction
    Panama has a number of unique attributes that make this a great asset protection jurisdiction for corporations, foundations, banking and stock brokerage accounts. Some call Panama the Switzerland of Latin America but this is not fair, Panama is far
    honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average company loses 6% of its revenues to occupational fraud, by being above average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the consumer, the company and the people who work there.

    The first step in securing an organization from an employee who would perpetrate this kind of activity is to screen prospective employees prior to hiring them;

    The farther back you can look, the farther forward you are likely to see. -Sir Winston Churchill -

    Taken from the book; Protecting Your Corporate Assets by Martin Maylor. For more information on this book email info@insurium.com

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