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Writer's pictureAmi Kassar

AmiSight 7/30: Avoiding Embezzlement: Financial Control Systems for Small Businesses

In this week's edition of the AmiSights Podcast, we talk to Lil Roberts, CEO and founder of ⁠Xendoo⁠, which specializes in online bookkeeping and accounting, focusing on small business owners. Through a blend of cutting-edge technology and a dedicated team, Xendoo provides speedy access to financials with predictable pricing, seamless technology, and expert support.


“Business owners can't get their financials in a timely way and have visibility to operate their business from the traditional CPA industry,” she said. “Not to say that CPAs are bad because CPAs are great, wonderful people. It's that they don’t have the tools in that industry to be able to serve their customers in a timely manner…I'm not a CPA or an accountant. I'm just a fellow small business owner and entrepreneur and want to level the playing field by being able to deliver timely financials.”


The main topics of today's episode will be:

  • Why understanding their financials should be the first line of order for all business owners. 

  • Why a business should have a line of credit readily available for seasonality, working capital or unexpected emergencies.  

  • Why you need to surround yourself with team members who challenge you and have different skill sets.

Catch this week's podcast on SpotifyApple PodcastGoogle PodcastsPocket CastsRadioPublic, and Copy RSS.


You can also watch the full episode on the AmiSights YouTube Channel. Get a sneak peek every Monday, and watch the full episode on Tuesdays!


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