Crime School

Loss Prevention Procedures are the Glue that Prevents Retail Theft Employee theft is always the most likely suspect in large inventory loss Shoplifting loss is the most controllable expense, but needs a plan Loss prevention procedures reduce employee theft and shoplifting Interview by Mike Bederka with Small Business Smarts Podcast Time Stamps: [02:30] -- Retail security consultant can help design loss prevention procedures [03:15] -- Interview begins with Mike Bederka at Small Business Smarts [03:30] -- Employee theft and shoplifting account for most inventory loss [04:30] -- Existing staff not always suitable following a large inventory loss [05:20] -- Many owners feel they cannot control chronic shoplifting [06:30] -- 99% of customers act similarly while shopping; Shoplifters do not [07:20] -- How can a retail stores eliminate shoplifting blind-spots [08:58] -- Excellent customer service is best  solution to thwart shoplifters [10:00]-- Watch for areas frequently used by shoplifters for p