Published in Mar 2017|Clear Filter

    Reducing small business losses from staff theft

    Most people, if they think about the losses that a retail small business faces, they tend to think about shoplifting. In contrast the Global Retail Theft Barometer, an international study, shows that for the 2014-15 period in the US, employee theft, at 45% was the number one cause of retail shrinkage, with shoplifting second at 36%.

    Employee theft impacts on your bottom line, so putting in place a few simple retail loss prevention measures can quickly pay-off.

    Employee theft impacts on your bottom line, so putting in place a few simple retail loss prevention measures can quickly pay-off.

    So if you are a small business owner who works hard to reduce shoplifting, do you know what to look out for when it comes to staff stealing, and what can you do to stop it becoming a problem?

    Read More »