Surprising statistics on small business fraud

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Small Business Fraud in 2014

The Canadian Federation of Independent Business surveyed 100,000 members to provide some insight into small business fraud. The survey results provided some valuable observations into how small business in Canada are affected and deal with fraud. Some of the small business fraud statistics were a little surprising.

We decided to turn the survey into a small business fraud infographic!

Small Business Fraud Infographic

 

Source: CFIB report: “The Effect of Fraud on Small Business, CFIB British Columbia members Survey” released on March 26, 2014.

 

About Author

Matt is the VP of Marketing at Procurify where he tries to explain the cost management process. Matt has spent the majority of his life between British Columbia and California, where he graduated from the U.C. Irvine with a degree in Economics. Matt went on to work with various companies focusing particularly on their growth and marketing strategy. He enjoys finding creative, long-term solutions to problems and is responsible for ensuring company objectives are met. Matt approaches both his work and life with a passion for learning and growth. You can find Matt on He is the clueless marketer: His strategy is experimentation and learning by doing.

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