How to prevent employee fraud [checklist]

Posted by James Price | JPAbusiness on 24-Oct-2018 02:00:00

A recently released international study has found small businesses lose almost twice as much to occupational fraud – per case – as large businesses (over 100 employees).

Every two years the Association of Certified Fraud Examiners (ACFE) produces its Report to the Nations: Global study on occupational fraud and abuse.

The following insights about the impact of employee fraud on small business come from the 2018 report:

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Topics: fraud prevention, Employee fraud, Checklist, infographic, staff management

What is 'vendor due diligence'? [free checklist]

Posted by James Price | JPAbusiness on 02-May-2018 02:00:00

When business owners come to see us, wanting to sell their business, we often get involved in providing what we term ‘vendor due diligence’.

When conducting vendor due diligence for clients, our role is basically to ‘pretend’ we are the buyer.

We look at a range of business health factors including:

  • financial performance
  • business performance
  • staff and organisational aspects
  • contracts, systems and suppliers
  • how the business creates and drives value in terms of its point of difference in the market
  • forward order book i.e. the pipeline, to understand the true nature of the business as a going concern
  • how exposed the business might be to individuals or particular customers or suppliers.
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Topics: Business advisor, business advice, vendor due diligence, Checklist, Template, Selling your business

Use our Business Buyer's Checklist to assess opportunities [template]

Posted by James Price | JPAbusiness on 17-Jan-2018 02:00:00

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Buying a business is an investment class that is not as liquid as many others, so it is not an investment decision to be rushed into or made lightly.

For those of you considering buying a business, we have created the Business Buyer's Checklist.

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Topics: business buying, Business advisor, business advice, Checklist, Buying a business

How to write a shareholders' agreement [video]

Posted by James Price | JPAbusiness on 25-Oct-2017 05:23:00

If you are considering taking on a shareholder or other investing party, it is very important you ensure there is some form of written shareholders’ or partners’ agreement from the outset.

Use the agreement to make clear all parties’ investment and partnership intentions and responsibilities.

In this video I explain why you should have a shareholders' agreement and some of the key issues that need to be covered off in the document.

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Topics: Partners, Video, Checklist, Shareholders

FREE template: JPAbusiness Outsourcing Checklist

Posted by James Price | JPAbusiness on 05-Jul-2017 05:51:00

Improved communications and the global economy mean businesses are increasingly using outsourcing parties to drive efficiencies.

Contractors, part-time and casual staff, consultants and advisers, are now common among SMEs and larger businesses alike.

We’ve created the JPAbusiness Outsourcing Checklist to help you as a business owner or senior manager decide where and when you can use outsourcing, or virtual resourcing.

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Topics: outsourcing, virtual team, staff management, Free download, Template, Checklist

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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