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The Small Business, Big Deal Podcast is where entrepreneurs deconstruct their businesses, and piece by piece, tell the story of how they were made.

The goal of the podcast is to help young entrepreneurs turn their dreams into businesses and to meet the brightest entrepreneurs of present and future.

The host of Small Business, Big Deal is Tracy Jepson, a Small Business Strategist, Certified Mastery Profit First Professional, and CEO of Jepson Solutions, LLC.

With 16 years of experience in small business administration, Tracy understands the unique needs that companies face, especially in those critical first five years. As a small business strategist, Tracy helps her clients understand their numbers and how they impact the overall health of their business. She develops a strategic plan based on industry best practices to support her client’s growth goals and then meets with them on a monthly basis to ensure they achieve those goals and ultimately get out of debt.

Tracy has expanded her business by sharing her expertise to everyday entrepreneurs and start-up business owners via her signature Path to Profit System. This multidimensional approach in her online academy helps entrepreneurs create a profit-focused foundation for their business so they can effectively manage their cash flow, get out of debt, and create a sustainable business.

Feb 5, 2021

Many companies small and large end up dealing with fraud at some point, but a family business never expects one of their employees to steal more than a half-million dollars. That’s exactly what happened to the Stevenson Company, the metal works company behind many beautiful designs around Topeka and beyond. Owner Joe Pennington opens up about the experience and the hard lessons learned.


Read more and get additional resources here: 


About our guest: 


What we discuss on this episode: 

0:53 – What is the Stevenson Company?  

2:40 – How Joe got involved in the company  

5:15 – Did you ever expect to own the business?  

7:37 – What do you wish you knew earlier?  

8:25 – Employee stole a half-million dollars

18:49 – Helping other businesses with fraud.

22:56 – His book

25:26 – Lessons learned about fraud

29:16 – Why his employee was always at work

32:49 – Projects he’s proud of

37:55 – Work-life balance  

40:52 – Will the family business be passed down?

43:57 – Bonus Content