Within the day-to-day operation of your business, there are multiple ways in which you can experience significant corporate losses. Whether you’re concerned about current or potential employees, or you’re having issues with the due diligence process, Blackhawk can be there to assist you with preventing losses from affecting your business.
Creating a loss prevention culture within your business can be difficult. With Blackhawk’s help, you can establish new and useful loss prevention procedures that ultimately work to minimise potential corporate losses.
So what can you do to prevent losses in your business?
Preventing losses in your business requires diligence and pre-planning. Working with Blackhawk, you can begin to create detailed strategies that target various areas and work to protect your business. Blackhawk’s loss prevention services are comprehensive and include assistance in the following main departments:
- Due diligence
- Background checks
- Forensic accounting
Our due diligence services are your first port of call when it comes to protecting your business from losses. The due diligence process can be useful for various reasons, including to:
- Identify any red flags surrounding potential business deals
- Help you to understand the real risk of doing business
- Help you to make accurate and informative decisions
- Confirm that investment/acquisition criteria have been met
By employing due diligence, Blackhawk can help you to decide if a local business venture or an international business venture is the right move for your company. In order to do this, we investigate whether or not a future business transaction has value and minimal risk for you, thus working to prevent any potential losses to your business.
Background checks are instrumental in the hiring process for your business. Hiring the wrong person and having to initiate a rehiring process can cost up to three times the job’s initial salary! With hiring mistakes in senior positions creating a higher risk of loss to your business, it’s important to make the right decision about a new employee from the get-go with corporate background checks.
To do this, Blackhawk can help you by providing business background checks. With over 50% of potential candidates lying on their CVs, instigating more thorough background checks on prospective employees has become a necessity. Our investigative services will identify any hidden issues surrounding a likely candidate allowing you to feel confident that you’re hiring the right person and reducing any potential risks to your business.
Forensic accounting is a key service that can be employed with the main goal of identifying and preventing fraudulent activity in your business. Additionally, forensic accounting techniques are also used to determine the value of a merger or acquisition, thereby allowing you to take a more evidence-based approach to the final decision.
Our forensic accountants will be able to provide you with a thorough understanding of the figures behind your business, helping you to recognise if and when potential losses occur.
Contact Blackhawk today
Blackhawk’s aim is to ensure that your business remains profitable and is able to run without significant losses. With our bespoke services, you can be sure that the strategies we provide are tailored with your specific business in mind, and we will work with you to put these new strategies in place and to help train your staff to apply them too.
For more information on how Blackhawk can help your business prevent the risk of loss, and to implement successful and useful loss prevention strategies, call us today on 020 778 8983.