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Loss Prevention

Theft and fraud are common in a retail environment, with some forms of theft continuing to cost you money over the long term. However, loss can be caused by a multitude of reasons, from human error to system breakdown and beyond. Whatever the reason, the impact to your bottom line is the same.

Although you will never be able to eradicate loss completely, there are steps you can take to minimise your losses and protect your business.

If the extra sales you’re working hard to make are being lost through shrinkage, then your efforts are wasted. 

Topics covered:

  • Assessing the issue
  • Store theft
  • Credit card fraud
  • Robbery
  • Minimising risks to your business
  • Staff theft