As the holiday retail fever heats up, small businesses are at greater risk of theft, both from shoppers and from employees.
The Global Retail Theft Barometer is estimating that U.S. retailers will lose a total of $8.85 billion in the six weeks from mid-November to the end of the year. The current survey results predict that businesses will lose $3.76 billion to shoplifting, $4.65 billion to employee theft and $442 million to supply chain fraud.
The blog at Business Finance Store has tips for small business owners on preventing thefts from both employees and customers, such as attaching security tags, training employees to report any suspicious activity and removing expensive display items from the windows at night.
For more, visit the Business Finance Store blog.
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