According to a study conducted by the Association of Certified Fraud
Examiners, 28.8% of businesses in the U.S. have been victimized by fraud. The average loss suffered
by these companies amounted to $154,000. Since there is an increasing trend in fraudulent practices among small businesses, take some precautionary steps to protect your business.
Although many of the entrepreneurs seeking money from the show’s millionaire “sharks” are eager-beaver, twentysomethings hatching techy businesses, some are quite the opposite: They’re older, 50+ home-grown founders with low-tech, practical ideas (sometimes weird and wacky ones) that make the sharks go into a feeding frenzy.