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

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