Finance forum for small business! Discussion on Funding your business, banking, loans, budgeting, tax, payroll, and exchange rates.

 

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Who should be responsible for a business financial coffers

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    Who should be responsible for a business financial coffers

    I read a lot about businesses that have folded up because of funds mismanagements stealing by a staff or financial break down by key holders of the company. I then wonder why the owner of a company should leave such sensitive position to others than handling that by himself or herself.

    In my opinion, I think financial dealings of a company shouldn't be delegated. What do you think?,
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