According to a recent US security survey, retailers lose an average of 1.47% of their profits to theft or clerical errors. In the UK, that loss is an average of 1.32%. Those numbers may appear minor, but for a small retailer, week after week, month after month, they start to wear down narrow margins.
In this guide, we’ll cover the following topics:
- The warning signs
- Employee & cash theft
- Bookkeeping & administrative errors
- Customer theft
- & much more
Learn the best practices to keep your store’s money and goods safe by downloading the full version of this guide..
10 Customer Purchasing Trends That Will Influence Holiday Retail
Almost 50% of surveyed shoppers say great prices matters the most when making a purchase decision. From researching...
White Paper: Retail Insights & Shopper Sentiment for 2024
Online shopping has inevitably reshaped the retail landscape. But our latest findings reveal that in-store shopping...
Profit and Loss Template
This profit and loss template lists suggested revenue streams and expenses that a typical retail business may have....
Grow your food & drink business with Lightspeed
Perfect for quick-service retail, Lightspeed is fast, user-friendly, and enables you to make sales and process payments...
How to Manage Inventory Across Multiple Stores: A Complete Guide
Managing inventory across multiple locations can be overwhelming, but it doesn't have to be. This guide sheds light on...