How To Maintain Financial Secrets Of Your Business?

[eenya001]

You would need to automate and digitally manage financial systems and records. If possible, encrypt those vital information in the cloud with only you having the password.

automating your finances is very important as it make it very easy for you to keep record but also you need to have some one that would be watching your finances for you

 

[Danny4cash]

Managing financial secret of your business is the duty of the business manager. As a good business owner, you must know how to keep some secret. That's why some employees are made to swear oath of privacy before they start work.

 

[Chibson]

Yeah, only trusted employees and those who have taken an oath of confidence should be given access to sensitive data. Not everyone in the company needs to know the company's secrets.

I agree with you. Only those that have taken the oath of confidence in the business venture should be allowed to have access to the business's finances. I think that is how it actually works in so many business ventures.

 

[eenya001]

I don't even trust people these days even with oath of confidence as they usually break this kind of oath, and when they do break the oath, there is nothing you can do to them.

I agree with you. Only those that have taken the oath of confidence in the business venture should be allowed to have access to the business's finances. I think that is how it actually works in so many business ventures.

 

[Chibson]

I don't even trust people these days even with oath of confidence as they usually break this kind of oath, and when they do break the oath, there is nothing you can do to them.

As a business owner there are some secrets in your business that you shouldn't leak to anyone. But even at that you need to trust some people to an extent in order to operate the business. They can have shares in the business.