What’s the weakest link in your business?

English: TVCC Hotel Site Fire
Detect smoke early before you have a blazing fire on your hands. (Photo credit: Wikipedia)

The vulnerable spot, almost imperceptible at first, exposes a business to great risk.

A service business, 25 years old, one of the top such businesses in the country, employed an accountant who chiselled a large sum of money from the business. Strike one. The business accepted a large government agency contract, did all the print work, paid the supplier but the agency was never formed. The service business couldn’t recover their money. Strike two. Game over. Continue reading “What’s the weakest link in your business?”