There are many threats facing Colorado business owners. A very serious one is theft. Crooks could cost you a lot of money by forcing your business to replace stolen items and pay higher insurance premiums. To reduce your risk, it is important to take steps to stop thieves that walk in from the street as well as those on your payroll.

Theft by Customers

•Empty the cash register throughout the day to ensure only a minimal amount of money is kept there at one time. Make sure you post signs notifying potential thieves of this procedure.

•Include in the training of your employees information on recognizing counterfeit money and checks.

•When it comes to shoplifting, it is important to have specific procedures in place for your workers to follow, such as how to notify a management or security team member of the thief.

Theft by Employees

•Always keep an accurate record of inventory and office supplies. You should immediately investigate in discrepancies you discover in your logs.

•In addition to keeping records of the serial number of office equipment, you should also engrave an identifying mark on each device you purchase.

Every security measures you put in place makes it that much harder for a thief to get away unseen. It is important, however, to understand that the risk for theft is always present – afterhours burglaries or crooks that work in teams could leave your business vulnerable. With the right insurance, you could prevent these crimes from hurting your business’ finances.

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