Share

Business Owners: How to Detect Dishonesty

Most business owners contemplate how to detect dishonesty, and they ought to.

The average business loses about 5% of its annual revenue to employee fraud, and according to the U.S. Chamber of Commerce, approximately one third of business bankruptcies are attributed at least partly to employee theft.

Getting ripped off by someone you thought was a trusted employee is a hard lesson to learn.

The problem is how to detect dishonesty. As a seasoned business owner, you thought you could trust your (and your managers’) instincts, and rely on the basic background check during the hiring process.

Life would be easier if everyone had lie detectors, or fool-proof fraud detectors; you would never have to worry about detecting dishonesty.

Several types of dishonesty exist, ranging from harmless white lies to intentional deceit and fraud.

The good news is that you don’t have to worry any longer about how to detect dishonesty in your business because revealing dishonesty and lack of integrity is viable through traditional and unconventional security investigations.

Copyright © 2013 Scott Petullo

Leave a Reply

Your email address will not be published. Required fields are marked *