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Agency owners can be reluctant to involve employees or contractors in managing financial aspects of their businesses, especially anything that involves access to bank accounts or credit cards.
The concern is understandable, especially with recent examples of even large agency financial team members stealing from their firms.
Chip and Gini argue that the solution isn’t to hold on to these administrative tasks yourself, but rather to set up some reasonable controls coupled with periodic checks to confirm that everything is running properly.
The co-hosts share some specific examples of what they do or have seen others incorporate into their processes to help prevent your success from getting sidetracked by someone else’s dishonesty.
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