I can spot the telltale signs that one person is running the whole show almost immediately when reviewing a new client’s books.

They’re entering invoices, approving payments, reconciling the bank account, and managing payroll. Outwardly, it might look like efficiency. But to me, it’s a red flag that there are some serious risks in a business

I don’t say that to scare you. I say it because I’ve seen what happens when there’s no separation of duties. Small mistakes snowball, cash flow dries up, and worse, it’s easy for fraud to slip through undetected.