Do you have control of your store or restaurant?  By that I mean everyone who has keys to the building, and storage areas, codes to the POS system, and combinations to the safe are authorized.  And by authorized, I mean they have been properly screened, vetted, and have shown the appropriate responsibility to run your business.  And for every management change all those keys, codes and combinations have been changed.  If you haven’t, you do not have control of your store or restaurant.

I received an email from the IRS last week stating that I was late in filing business taxes for the previous quarter. At first glance, I was alarmed that I was late paying anyone anything, particularly a government agency with IRS in its name. I was inclined to phone my CPA right then. My heartbeat returned to a more normal level after a few seconds when I realized that the IRS does not communicate via email.

Have you ever paid cash for merchandise or food and observed the cashier place the bills into the register and there was so much cash in the till that the spring loaded clip wouldn’t close?  Or the cash drawer would hardly shut?