Quick Tip: Keep your hands out of the till

I've seen too many cases where business owners take money out of their tills for personal expenditure. They forget to add this to their total drawings from the business and wonder why the business is not a profitable as it should be. Another negative consequence of this is that employees witnessing this may think that it is acceptable that they can also help themselves to cash from the till. The mentality begins with "if the boss can do it why can't I?" There may be occasion where employees are wrongfully accused of cash shortages when the boss has forgotten to record the cash removed from the till. Rather pay for any good or services that you consume from your wallet or assign the purchase to your personal account.