Intro: In this episode, you will learn how to protect your business assets with Jennifer Upton, with Upton Advisory Services. We learn that Employee dishonesty and theft costs U.S. businesses over $50 billion dollars annually. And Employee theft is responsible for 33% of all business bankruptcies. In our discussion today, we will why people steal and ways to set up strengthen controls with your business. If you're a business owner, you need to take some notes on today's episode.
“Hello and welcome to the Coffee & Hustle podcast, this is the episode that discusses “Who Opens Your Mail In Your Business”.
I’m Carla with Designedbycarla and joining this podcast discussion is Jennifer Upton, partner, and owner of Upton Advisory Services.
She serves as a fractional or interim chief financial officer for emerging businesses. What does that mean for businesses?
Jennifer is a partner and owner of Upton Advisory Services, serving as a fractional or interim chief financial officer for emerging businesses.
Your career started as an auditor with Ernst & Young and progressed through her career to become a Chief Financial Officer for a large not-for-profit for six years.
How long were you with Ernst & Young?
She provides financial expertise to guide business owners as they experience rapid change and growth. Jennifer has extensive experience in finance and accounting, beginning as an auditor with Ernst & Young and progressing through her career to become a Chief Financial Officer for a large not-for-profit for six years.
She is a licensed CPA and earned a Bachelor of Business Administration degree in Accounting from Kennesaw State University.
At Kennesaw State, Jennifer worked in the Small Business Development Center setting up accounting systems for small businesses.
She taught owners how to “keep their books,” and soon realized that helping owners become more successful was what she wanted to do as a career. Did you find your niche?
Jennifer just moved to the Huntsville area.
Jennifer and her husband, Steve, moved to Huntsville in the spring of 2021 to be closer to family. In Huntsville, she learned the power of networking - learning the power of networking.
It started with one LinkedIn contact that grew into a large network of amazingly generous people in Huntsville willing to share her story with others.
Who Opens Your Mail In Your Business - why I selected this title. It makes you think?
So, my weird accounting passion is helping business owners set up internal controls to protect their assets. We can discuss how vulnerable business owners are to theft by people they trust. The thing is, most business people think they have good judgment, know who is trustworthy, and are great judges of character. Understatement and True
As sad as it is, it’s impossible to know who will steal from your business.
Here are the facts
In 2020, it was estimated that only 23% of employees who steal are prosecutedBuzzsprout - Let's get your podcast launched!
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