Small Business Security Tips (Pt. 4 Why You Shouldn’t Go It Alone)

One of the most important things you can do is make sure no single person has complete control over your finances. In small businesses, it's common for one trusted employee to "handle the books" entirely—but that level of trust, without oversight, can create serious risk.

View the short video below for more information.

The Danger of Sole Control

Even the most reliable team member should never be the only person managing all financial tasks. When one person has unrestricted access to bank accounts, credit cards, payroll, and bookkeeping, it becomes far too easy for errors—or even fraud—to go unnoticed. There’s simply no built-in accountability.

That doesn’t mean you can’t trust your team—it just means good systems should be in place to protect your business and your employees.

Bring in Outside Eyes

A great way to strengthen your internal controls is to work with outside professionals. Bookkeepers, accountants, and CPAs offer an objective view of your finances. Regular reviews by an outside party can help:

• Catch inconsistencies or red flags early

• Identify areas where controls could be improved

• Ensure financial records match your expectations

Think of it as a second set of eyes—not because you expect fraud, but because your business is worth protecting.

Final Thought

Delegating financial tasks is smart. But complete financial control should never rest with one person. Put safeguards in place, and lean on professionals who can help you spot risks before they become problems.

Want to make sure you’re covering all the key areas? Enter your email below to download our free Small Business Security Checklist to help safeguard your finances.