4 Ways To Protect Your Business Finances From Fraud

Business owners have a lot on their plates. They need to manage their employees and keep up with inventory. Unfortunately, one of the things you need to be thinking about is fraud. An Association of Certified Fraud Examiners (ACFE) report found that U.S. businesses lose an average of 5 percent of their gross revenues annually to fraud. This means that if your business brings in $1 million in revenue, you could lose up to $50,000 to fraud! There are many types of fraud, the most common including expense reimbursement fraud and billing fraud. As a business owner, it's essential to be aware of these types of fraud and take steps to protect your business from them. Here are four ways you can protect your business from fraud

Lifestyle Stuff BlogAdminOctober 7, 2022business, debts, fraudComment

Top Factor To Consider Before Paying Off A Mortgage Early

It’s natural for anyone to get out of debt as fast as possible. This is especially true when it comes to owning a home, but what does it mean to clear your mortgage early? According to the Mortgage Bankers Association, the average amount taken out by Americans to buy homes stand at $301,200. Buying a home is still considered a number one priority, in fact, this is one of the factors pushing many mortgage holders to clear them as soon as possible, but at what cost

Lifestyle Stuff Bloglouise mckenzieApril 8, 2019mortgage, money, finance, assets, debtsComment