How bad can it be?

Small and medium sized retailers are just as likely to be a victim of staff fraud as the large retailers. A small retailer has less process and policy but is reliant more on trust. Hmmmmm Trust .v. cash mixed in with human nature – never a good combination. 

So how bad can it be? This real world post gives a practical example.

My local shop owner is, to say the least upset.She found out last week that the member of staff who she employed and worked with pretty much every day has been stealing from her. Her initial estimates are that the amount is somewhere around £100 per day and has been this much for the last two years..

Understanding what is happening at the till with irrefutable visual evidence is vital. The Russians have a great proverb for this – Trust, but verify.

 

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