If there’s one thing you’ve learned as a small business owner, it’s to expect the unexpected. Rising costs, unforeseen delays and flaky prospects are just a few of the obstacles you’ve managed to overcome with the help of your team. But what would happen if you found out that those fueling your success are actually leading to your demise?
Occupational fraud is a killer. The typical organization loses 5 percent of their revenue to fraud each year, according to the Association of Certified Fraud Examiners (ACFE). And small business fraud hits victims disproportionately hard with a median loss standing at a staggering $154,000. Continue reading