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Accounting On Purpose - HOW TO PREVENT EMPLOYEE THEFT 💰

HOW TO PREVENT EMPLOYEE THEFT 💰

11/16/21 • 6 min

Accounting On Purpose

Internal fraud is a very real thing in business but unfortunately by the time you know anything about it, it’s too late. Preventing employee theft is possible though - but for you it can feel awkward.
In this episode I look at employee theft and specifically employee theft prevention so that you know how to frame it in your mind when you’re putting measures in place.
Employee theft in the workplace is something every business owner needs to know about. Employee theft signs are not always obvious so it’s important we put working parameters in place from the beginning to avoid these things. It’s a safeguard for both you and the employee.
So if you want to know how to stop employees from stealing or you have an employee stealing money, then watch this to understand what to do.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Right Source Empowering Your Purpose Is Ours.

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Internal fraud is a very real thing in business but unfortunately by the time you know anything about it, it’s too late. Preventing employee theft is possible though - but for you it can feel awkward.
In this episode I look at employee theft and specifically employee theft prevention so that you know how to frame it in your mind when you’re putting measures in place.
Employee theft in the workplace is something every business owner needs to know about. Employee theft signs are not always obvious so it’s important we put working parameters in place from the beginning to avoid these things. It’s a safeguard for both you and the employee.
So if you want to know how to stop employees from stealing or you have an employee stealing money, then watch this to understand what to do.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Right Source Empowering Your Purpose Is Ours.

Previous Episode

undefined - Business Exit Planning

Business Exit Planning

If you want to know how to close a business or how to dissolve a business and you own a small business in Australia, then stick around. In this episode I walk you through some business exit strategies that include (but are not limited to), selling a small business, closing your business and passing the business on.
These business exit strategy examples are the main options open to you and I discuss the things you need to consider with each one. I touch on how to evaluate the business value because ideally, it would be great to sell your business to capitalise on the hard work you put in over the years.
That being said, knowing how to value your business while helpful, is not what everybody wants so understanding your options is paramount. This video is really to help you with the next steps after you decide ‘I’m closing my business’.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Right Source Empowering Your Purpose Is Ours.

Next Episode

undefined - How Caring in Business is GOOD for business!

How Caring in Business is GOOD for business!

Sometimes it can be difficult to put empathy and care about the fiscal needs of the business but today I want to talk to you about caring in business and how caring about employees makes for good business.
It seems obvious right? That we should care about our business and our people within its four walls but empathy in business and more specifically, empathy in business leadership isn’t always present. Show of hands who has ever worked in a toxic environment? 🙋‍♂️
Unfortunately it’s all too common and really, it just makes for bad business. Otherwise known as 'tactical empathy' in business is such an excellent skill to hone because leadership creates the culture and to have an empathy workplace where everybody cares for and tries to understand one another is an environment worth working in (and working towards!)
So join me today as I talk about how this plays out.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Right Source Empowering Your Purpose Is Ours.

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