Small Business Association of Michigan
Lansing, MI:
Fraud in your business: Five ways to prevent fraud from destroying your profit margins
By Anna Sperling
You’ve probably heard that most small businesses fail within the first five years. This sobering statistic may make you reconsider owning and operating a small business, but many of these businesses fail for entirely preventable reasons. Small business owners often fall victim to fraud that costs them a great deal of money, something new companies can’t afford to lose. Fraud prevention practices, however, can prevent the problem entirely, or at the very...
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