JPAbusiness

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:

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

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.

Topics: Business advisor, business advice, vendor due diligence, Checklist, Template, Selling your business

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

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.

Topics: Partners, Video, Checklist, Shareholders

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.

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