What do I do with all the cash in my business?

by a professional from Bishop's University

2 years ago

Sam has a business in the UK which handles a lot of cash. Should he launder it?
I’ve seen a lot of ‘shenanigans’ with cash in businesses over the years.
Should business owners declare all this cash as income?
Should they steal it away to buy new sneakers?
Should they learn how to do ‘money-laundering?’
What does this kind of behaviour do to the value of their business and the terms of sale?
Learn more in this week’s video:  https://youtu.be/o_fvGBBTxBA 

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1 comment

searcher from The University of Texas at Austin - Red McCombs School of Business

Good information David

2 years ago | like reply | 1 like

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