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Protect your business from theft

Are you wondering how you can guard your business against theft? There are steps you can take to protect your assets and minimize the possibility of either internal or external theft.

Creating an effective theft prevention plan is one of the most important things you can do to protect your business. A theft prevention plan helps you assess potential risks and create a theft prevention strategy. It can also be used as a tool for training your employees.

External theft

External theft is committed by someone who does not work for your business. This theft could be the result of a fraudulent return, a customer shoplifting, or a break in.

Tips for preventing external theft:

Internal theft

Internal theft is committed by someone working inside your business. This type of theft includes embezzlement, employee shoplifting and fraud. Although it can be hard to imagine that a trusted employee would steal from you, it is wise to take precautions.

Tips for preventing internal theft:

You may also want to consider purchasing bonding insurance. Bonding insurance is an agreement that guarantees repayment of losses resulting from the actions of an employee.

An effective theft prevention plan can help you identify risks and improve security. Remember to keep your employees involved and make sure they have the tools and training they need to protect your business against theft.

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