Summary: Employee theft at small businesses is a big problem and getting bigger with the sour economy. 82% of small to mid-size businesses report they have experienced employee theft. If you know what broad types of fraud schemes exist and have some basic knowledge of internal control, perhaps it can help you prevent employee fraud at your company. If you take small, simple steps, you can create a healthier internal control system and help discourage employee fraud at your company. Join me and my guest Ron Baker as we discuss this critical issue. Ron is a seasoned financial executive with 30+ years experience, managing Finance, Operations, Sales, Marketing, Information Technology, and Human Resources. He has successfully led business start-ups and turnarounds. Ron's industry experience includes manufacturing, services, distribution, retail, telecom, and specialty plastics. Ron provides on-site CFO services to companies on an as-needed basis. As a former CEO, Ron understands the criticality of a strong financial function and the importance of timely, accurate, and relevant financial information, along with good internal control and risk management. Today's show is being sponsored by Vision 21. As an entrepreneur resource center, Vision 21 offers various services to help small business owners succeed. Visit www.visiontwentyone.org to learn more.
