Episode 712: “How Do I Trust Someone When Outsourcing My Finances”

Today’s episode was recorded while visiting my parents farm near Perth Australia. Polly wants to know how to trust someone when outsourcing duties related to finance.

I talk about how in the beginning, you are the finance department. As you build up your business, it’s going to be too much for one person to do.

You will also get to the point where you have to delegate administrative tasks so that you can focus on income producing activities in order to keep growing.

I talk about ways that you can give your staff members restricted access to important accounts and how to screen potential staff members to reduce the risk of error.

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