EPISODE · Apr 1, 2024 · 36 MIN
Fraud Prevention Tactics That Shield Your Home Service Business
from Profitable Home Services Podcast · host Diane Gardner
Are you running a small home service business and want to keep your hard-earned profits safe? Tune in to our latest podcast episode where my guest Michelle Scribner share what it means to be financially vigilant. Discover how a simple oversight could open the door to profit loss and even fraud. We'll walk you through a real-life scenario where a business was blindsided by supplier-related delinquency. Plus, get actionable strategies to bulletproof your finances, from implementing solid procedures to training your team and cultivating strong vendor ties. In this episode, we go into the details of how you can…. Grasp the essentials of financial management Learn from a real-world case study about how to handle unexpected financial challenges from suppliers Gain insights on how to lessen the risk of financial fraud for your business. Understand how to go through your past financial data to find potential financial red flags Recognize warnings when reviewing things like expenses and inventory Avoid potential fraud by championing an ethical business Document and build a case for financial misconduct if you need legal help from fraud Listen to all episodes at https://profitablehomeservices.com/ Connect with Michelle at www.sumofallnumbers.com Get a free copy of the Path To Profits Book at https://yourpathtoprofitsbook.com
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