The 10 Things Owners Must Do (Regardless of Platform)

acoustic electropop, dark coptic, prog afrobeat · 3:44

Listen on 93

Lyrics

[Verse 1]
Don't just trust the reconciliation sheet
Read your bank statements line by line complete
Every transaction tells a story true
Financial control starts with what you do

When vendors knock upon your business door
Never let one person handle the whole score
Approve each new name before they're in the game
Separation of duties is the claim to fame

[Chorus]
Ten things owners must do, can't delegate away
Review, approve, require - that's the owner's way
Trust but verify, rotate and supervise
Financial control through your watchful eyes

[Verse 2]
Payroll day is coming, do you know your count
Every single employee, every last amount
Credit cards are swiping, charges here and there
Line by line inspection shows you really care

Bank statements in the mail should come to you direct
Not filtered through the books, that's what fraudsters expect
Dual approval threshold, set the limit right
Two signatures required keeps your money tight

[Chorus]
Ten things owners must do, can't delegate away
Review, approve, require - that's the owner's way
Trust but verify, rotate and supervise
Financial control through your watchful eyes

[Bridge]
Make them take vacation, fraud needs constant care
Two weeks away from books will show what's really there
Know your key ratios, the numbers tell the tale
Gross margin, payroll percent, before the ship sets sail

[Verse 3]
Rotate your bookkeepers or audit every year
Fresh eyes on the ledger make the truth appear
Mini-audits cost less than the lawyer's fee
Prevention beats litigation, can't you see

[Final Chorus]
Ten things owners must do, the power's in your hands
Review, approve, require, take your final stands
Trust but verify, it's your business to protect
Financial mastery through diligent respect

[Outro]
From bank statements to ratios, the owner leads the way
Financial control mastery, each and every day

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