Fraud

Sailing a steady ship in today’s interesting economy

Accounting, Economy, Inflation, Small Business, Small Business Owners, Supply Chains / Douglas Freeman

Business owners: If you’re having trouble reading the U.S. economy, you’re not alone. On the one hand, the January 2023 jobs report revealed that the unemployment rate had fallen to 3.4%, its lowest level in 54 years. And inflation, while still a concern, has moderated in most sectors — staving off fears of a recession […]

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Bridging the gap between budgeting and risk management

Budgeting, Risk Management, Small Business / Douglas Freeman

At many companies, a wide gap exists between the budgeting process and risk management. Failing to consider major threats could leave you vulnerable to high-impact hits to your budget if one or more of these dangers materialize. Here are some common types of risks to research, assess and incorporate into adjustments to next year’s budget:

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