Internal control to prevent theft

Every generation needs a revolution - an entrepreneurial revolution

Asset management

1.  Cash management

2.  Inventory

3.  Supervision

Theft prevention

Every generation needs a revolution - an entrepreneurial revolution

Reduce employee theft -  losses

Make wealth creation effective.     

Employee theft account for most bankruptcies.   In US, $50 billion is lost annually on employee theft.  33% are bachelor's degree

Problem with delegation

Every generation needs a revolution - an entrepreneurial revolution

The theory is that managers become more effective by multiplying himself by delegation.  However, delegation does not work.   Ultimately delegation goes back to you.  You will have to do the work, and /or solve the problem yourself.   Was it better not to have delegated.?

However, how can he mature, and grow and be left alone.

It helps that early on options be given by the employee  and or make the best recommendation.