When starting a busines or after operating a business for some time — be alert in all business
associations:
1. An employee — can steal from the cash box.
2. An employee — can fake an accident and collect workers compensation.
3. Worse yet, the faked accident can cause your insurance company to pay out a sizeable dollar
amount — thereby increasing your insurance premium.
4. A well paid employee (assistant manager; manager; etc.) could be starting a business of their
own (of course secretly and on your time) while out of the office or shop ‘supposedly making
sales calls’. Be alert to their progress. Require daily or weekly reports.
5. You can be misled when planning to expand your business by buying another business. Use
a CPA (certified public accountant) or a lawyer to validate everything you think you are
purchasing.
6. We all want to trust who we are in business with (e.g., a partner). Yet, unfortunately, a trusted
associate could make a decision on their own when circumstances change and you are not
alerted to the change. Do everything possible not to make critical decisions before communi-
cating with each other.
Colossal Opportunity
Be ready for success. Buy the book Employ Yourself Now, Enjoy Yourself Now.
As a bonus, you will receive (free) a 1/2 hour personal small business phone consultation with
the Author (value $65.00).
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