Category
Business Law
Business Law
General
Tennessee
16 mins
0.25 credits
Nov 15, 2024
Published on: Nov 15, 2024 Summary: In this episode, Sean Martin interviews Kelly Holmes, a commercial relationship manager with extensive experience in banking and law firms. They discuss the importance of financial management for small businesses, particularly law firms, and the risks associated with delegating financial oversight to a single employee. Kelly emphasizes the need for dual control in financial processes, regular reviews of financial statements, and the importance of understanding bank relationships to prevent fraud and errors. The conversation highlights best practices for financial stewardship and the necessity of being proactive in managing business finances.