I can’t tell you how many times I’ve heard this:
“We’re a small business — we don’t need all those internal controls.”
Usually, that line comes right before we find something that’s been quietly draining cash or creating chaos for months.
It’s rarely fraud.
It’s usually something smaller — a duplicate vendor payment, a missed deposit, or an account nobody’s reconciled since last summer.
That’s the tricky part about internal control problems: you don’t know they exist until something goes wrong.
I see it all the time. On the surface, everything looks fine — bills get paid, books are balanced, tax filings go out on time. But behind the scenes, small cracks can form. And if you’re not watching, those cracks can grow fast.
This is such an important topic that I wanted to make sure to cover it on Your Numbers Are Talking.
Some of the key takeaways / things to watch for are:
1. Efficiency and risk are not the same thing.
2. Small businesses outgrow their systems without realizing it.
3. Internal controls are a growth tool, not a bureaucratic burden.
Want to get the full details? Head here to read up.
See something that resonates? Get in touch so my team can show you how we can help.
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Your Number are Talking is my LinkedIn Newsletter, published 2x a month, where I share some of the most important things I wish business owners knew about along with real-world scenarios I see.
Your Numbers are Always Talking… but do you know what they’re saying?
That’s exactly what I break down.
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