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5 Tips for Small Businesses to Prevent Theft

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Theft is a huge problem for small businesses – and unlike large corporations that can absorb theft more easily, largescale theft can cause vulnerable businesses serious financial difficulties. Business theft is on the rise. This includes incidents where items are stolen from a workplace, as well as the theft of intangible goods, such as intellectual property. Prevention is always better than dealing with theft after it has taken place, so here are five tips to help your small business prevent theft. Only Hire Trustworthy Employees Never assume an employee is honest. Most are, but some bad apples will always slip through the net if you don’t check references. Make sure your hiring procedures include rigorous checks and always follow up references. This may seem like teaching you how to suck eggs, but it is a very important point nonetheless. Tougher, more through hiring processes will ensure you get the right members of staff for your team. On-Site Security On-site