Is shoplifting becoming more violent in the US? How can retailers counter the potential violence in their stores?

July 20, 2023 by

Shoplifting incidents can vary in nature and severity, and trends can differ across regions and time periods. While some instances of shoplifting may involve violence, it is important to approach the topic with caution and not generalize based on isolated incidents. Shoplifting-related violence is not necessarily a widespread phenomenon, but retailers should still take precautions to ensure the safety of their employees and customers. Here are some potential strategies retailers can consider:

Employee training: Retailers can provide comprehensive training to their employees on how to handle potentially difficult situations, including shoplifting incidents. This training can include de-escalation techniques, conflict resolution skills, and when to involve security or law enforcement. Loss Prevention Systems provides this LIVE training in person or on-line.

Visible store presence: Maintaining a visible presence of staff and security personnel in the store can act as a deterrent to potential shoplifters. When individuals perceive a higher risk of being caught, they may be less likely to engage in shoplifting or violence.

Effective store layout and surveillance: Retailers can design their stores with clear sightlines and unobstructed views to minimize blind spots. Installing surveillance cameras strategically can help deter theft and provide evidence if incidents occur. However, keep in mind that CCTV is more “after the fact”. There is some deterrence value however, there are better methods for prevention.

Collaboration with law enforcement: Establishing strong relationships with local law enforcement agencies can be beneficial. Retailers can work together with the police to share information, report incidents promptly, and coordinate efforts to prevent and address shoplifting incidents. You should set up an in person meeting with a member of your local law enforcement agency. Have them give you input about your stores vulnerabilities, how they respond and what other measures they can provide such as more frequent marked patrol car drive byes, walking patrol…. You should make it clear that they are always welcome in your store and encourage them to stop by. A cup of coffee, bottle of water…. sends the right message. Most law enforcement agencies have “Zone” type meetings, crime prevention meetings… You should join and go every time. This will keep you up to date on crime in your specific area.

Technology-based solutions: Retailers can explore the use of advanced security technologies, such as electronic article surveillance (EAS) systems such as a Sensormatic system, RFID tagging, video analytics, and inventory management systems. These technologies can help detect theft attempts, track inventory, and improve overall store security. Again, Loss Prevention Systems has all of these technologies and we sell, install and service nationwide.

Safety protocols and emergency planning: Retailers should develop and communicate clear safety protocols to their employees in case of emergencies or violent situations. This may involve creating evacuation plans, implementing panic buttons on your burglar alarm system. These panic buttons should be installed in places that employees can retreat to in the event of an emergency. Having them at the POS is fine but, the back office, stock rooms are better. Train your staff on how to respond appropriately in different scenarios.

It’s important for retailers to conduct a thorough risk assessment based on their specific store locations, customer demographics, and historical incidents to determine the most appropriate security measures to implement. Consulting with a Loss Prevention Expert or industry associations can provide valuable insights tailored to the retail environment.

For more information Contact Us. You can also visit our website.

Filed Under: antishoplifting, clothing alarm, Clothing security tags, Inventory Shrinkage, Loss Prevention Agent, Loss Prevention Consultant, Preventing Theft, Security, Seminar, Sensormatic Systems, Shoplifting Prevention, Training

Shoplifting & Return Fraud

June 7, 2023 by

Shoplifting and return fraud are two types of theft that can significantly impact retailers’ bottom line. Shoplifting is the act of stealing merchandise from a store, while return fraud is when a customer returns an item they did not purchase or returns an item that has been used or damaged. Both of these types of theft can result in lost revenue and can be challenging for retailers to prevent. However, there are several strategies that retailers can use to minimize their losses.

One way retailers can prevent shoplifting is by implementing security measures in their stores. This can include using security cameras, hiring security guards, and installing electronic article surveillance (EAS) systems such as a Sensormatic System that detect when merchandise is leaving the store without being paid for. These measures can act as a deterrent to potential thieves and can also help identify shoplifters when theft does occur.

Another way retailers can prevent shoplifting is by training their employees to be vigilant and to recognize signs of shoplifting. This can include looking for customers who are carrying large bags or who are dressed in bulky clothing that may be used to conceal stolen merchandise. Retailers can also train their employees to approach customers who are acting suspiciously and to offer assistance, which can deter potential shoplifters.

Return fraud can be more difficult to prevent than shoplifting, but there are still several strategies that retailers can use to minimize their losses. One approach is to implement strict return policies that require customers to provide proof of purchase and that limit the time frame in which items can be returned. Retailers can also use technology to track returns and identify patterns of fraud, such as customers who frequently return items without a receipt.

Another way retailers can prevent return fraud is by inspecting returned items to ensure that they are in the same condition as when they were sold. This can include checking for signs of wear and tear or damage, and verifying that all parts and accessories are included. Retailers can also use third-party verification services that specialize in detecting return fraud.

Remember, shoplifting and return fraud can be significant challenges for you as a retailer however, there are several strategies that can be used to prevent them. These include implementing security measures, training employees to recognize signs of theft, and using technology to track returns and detect patterns of fraud. By taking a proactive approach to theft prevention, retailers can minimize their losses and protect their bottom line.

If you would like more information please Contact Us or go to our web site at Loss Prevention Systems

Filed Under: antishoplifting, Background checks, Background Screening, clothing alarm, Clothing security tags, Employee Theft, Internal Theft, Inventory Shrinkage, Preventing Theft, Security, Seminar, Shoplifting Prevention, Training

Bartenders Beware- Employee Theft

March 15, 2015 by
If your nightclub or restaurant is experiencing inventory losses with your alcohol, chances are you have a problem with employee theft. There is a multitude of ways that your bartenders can steal from you, but there is also a multitude of ways that you can prevent employee theft behind the bar.
One of the easiest ways is to ensure your bartenders and wait staff all go through some kind of loss prevention training. This can be either in house, or contracted out through a loss prevention workshop. During the training, you and your employees will become more aware of different ways that employees have been caught stealing. This is great way to let employees know not to try it, because it is a known method- and it doesn’t work. 
It is also a chance to define exactly what constitutes theft- from the obvious stealing bottles, to free drinks, and even a matter of over pouring their shots of liquor. When your employees have a clear set of expectations, definitions and consequences, they are less likely to take the risk of stealing from you.
This is a prefect time to explain what the consequences will be for any employee caught reducing the company’s profits or inventory- intentionally or otherwise. Some offenses may only require additional training, while others will constitute termination of employment and prosecution.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

If your nightclub or restaurant is experiencing inventory losses with your alcohol, chances are you have a problem with employee theft. There is a multitude of ways that your bartenders can steal from you, but there is also a multitude of ways that you can prevent employee theft behind the bar.

One of the easiest ways is to ensure your bartenders and wait staff all go through some kind of loss prevention training. This can be either in house, or contracted out through a loss prevention workshop. During the training, you and your employees will become more aware of different ways that employees have been caught stealing. This is great way to let employees know not to try it, because it is a known method- and it doesn’t work. 

It is also a chance to define exactly what constitutes theft- from the obvious stealing bottles, to free drinks, and even a matter of over pouring their shots of liquor. When your employees have a clear set of expectations, definitions and consequences, they are less likely to take the risk of stealing from you.

This is a prefect time to explain what the consequences will be for any employee caught reducing the company’s profits or inventory- intentionally or otherwise. Some offenses may only require additional training, while others will constitute termination of employment and prosecution.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

A Sense Of Pride- Loss Prevention Training

February 5, 2015 by
Anyone who has every had to conduct or host a training class or seminar has had the same fear at some point- Will any of the information set in? Before I gave any of my loss prevention training classes I thought about it. I worried that the employees would be bored, finding the information irrelevant to them, or simply more concerned about what they were going to have for lunch later on that day.
During one particular class, I had a lady who was very upfront that the only reason she was working here was to get the employee discount. Needless to say, I quickly assumed that she would barely pay attention, much less remember anything that I was teaching her.
Months later, she came unexpectedly barging into my office. They very first thing she said was “I remembered what you said in loss prevention training about red flags…” Sure enough, she did remember, and she was right in picking up on some red flags, which ended up stopping a loss of almost $1200 dollars.
To this day, I am not sure about who had a greater sense of pride- her or me. She was so proud of herself for doing something she never dreamed herself capable of. I was proud that I had given her the tools, in such a way that she remembered after all of those months, to be successful.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Anyone who has every had to conduct or host a training class or seminar has had the same fear at some point- Will any of the information set in? Before I gave any of my loss prevention training classes I thought about it. I worried that the employees would be bored, finding the information irrelevant to them, or simply more concerned about what they were going to have for lunch later on that day.

During one particular class, I had a lady who was very upfront that the only reason she was working here was to get the employee discount. Needless to say, I quickly assumed that she would barely pay attention, much less remember anything that I was teaching her.

Months later, she came unexpectedly barging into my office. They very first thing she said was “I remembered what you said in loss prevention training about red flags…” Sure enough, she did remember, and she was right in picking up on some red flags, which ended up stopping a loss of almost $1200 dollars.

To this day, I am not sure about who had a greater sense of pride- her or me. She was so proud of herself for doing something she never dreamed herself capable of. I was proud that I had given her the tools, in such a way that she remembered after all of those months, to be successful.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

Most Controllable Expense- Employee Theft

January 15, 2015 by
The most controllable expense a store has is its payroll. Hours can be fluctuated up or down based upon the sales needs of a given day, week or a specific event. As such, when other store expenses rise, payroll is often the first to be cut to make up the financial difference. When hours start getting cut, employees will often take it upon themselves to make up the difference- resulting in employee theft.
Employee theft isn’t only about cash theft or inventory theft. Employee theft is about the unauthorized use or gain of any company assets- including payroll. Because it is easier for an employee to justify a slide in their favor of the hours worked than it is to justify stealing cash for that same amount of money, time card theft is an often overlooked but equally as detrimental form of theft.
Attending a loss prevention workshop that covers a variety of theft situations from employees can help you to not only see when time card theft is happening, but what to do about it, and ultimately how to avoid it from happening again.
Time card theft usually starts out pretty small- a few minutes here and there. If left unchecked, employees can start to wheedle multiple hours out of you before you begin to notice.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

The most controllable expense a store has is its payroll. Hours can be fluctuated up or down based upon the sales needs of a given day, week or a specific event. As such, when other store expenses rise, payroll is often the first to be cut to make up the financial difference. When hours start getting cut, employees will often take it upon themselves to make up the difference- resulting in employee theft.

Employee theft isn’t only about cash theft or inventory theft. Employee theft is about the unauthorized use or gain of any company assets- including payroll. Because it is easier for an employee to justify a slide in their favor of the hours worked than it is to justify stealing cash for that same amount of money, time card theft is an often overlooked but equally as detrimental form of theft.

Attending a loss prevention workshop that covers a variety of theft situations from employees can help you to not only see when time card theft is happening, but what to do about it, and ultimately how to avoid it from happening again.

Time card theft usually starts out pretty small- a few minutes here and there. If left unchecked, employees can start to wheedle multiple hours out of you before you begin to notice.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

Just Don’t Do It- Loss Prevention Seminars

December 16, 2014 by
When I was growing up, my parents were notorious for telling me not to do things. They never really explained why not, they just told me not to. I can attest to the fact that this was not the most effective way to teach me a lesson. Now, as an adult, when I conduct loss prevention seminars, I go beyond just saying, “don’t do it” and actually share information to make a difference.
When employee theft is happening in a store, or is about to happen, you have to be more prepared than having a sign that says, “shoplifting will be prosecuted”. You have to train your employees that you are aware of different methods, and tactics used in employee theft. You have to be able to train the other employees to be eyes and ears when you are not there.
By sharing information on employee theft during loss prevention seminars you have the information to help your employees make better decisions. Employees who see the heightened awareness level in a store are less likely to try and get away with employee theft. 
The stores that have a blanket statement, but no training or awareness, are more likely to have theft issues. Without a clear understanding of how deep the awareness and prevention goes in a store, the more likely employees are to abuse the system.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

When I was growing up, my parents were notorious for telling me not to do things. They never really explained why not, they just told me not to. I can attest to the fact that this was not the most effective way to teach me a lesson. Now, as an adult, when I conduct loss prevention seminars, I go beyond just saying, “don’t do it” and actually share information to make a difference.

When employee theft is happening in a store, or is about to happen, you have to be more prepared than having a sign that says, “shoplifting will be prosecuted”. You have to train your employees that you are aware of different methods, and tactics used in employee theft. You have to be able to train the other employees to be eyes and ears when you are not there.

By sharing information on employee theft during loss prevention seminars you have the information to help your employees make better decisions. Employees who see the heightened awareness level in a store are less likely to try and get away with employee theft. 

The stores that have a blanket statement, but no training or awareness, are more likely to have theft issues. Without a clear understanding of how deep the awareness and prevention goes in a store, the more likely employees are to abuse the system.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

What Makes You Vulnerable? – Shoplifting

November 20, 2014 by
Shoplifting happens to the best of us. No matter how many protections we place in and around our store, shoplifting is going to happen and there is nothing we can do about it… At least that’s how some business owners seem to think.
The reality is that most shoplifting can be prevented. Some of them might be easy fixes, and some of them might require a more complex system to keep the shrink losses at bay. 
The difference between the two thought processes is in the amount of loss prevention training you have. The more training and education you have, the better your chances of reducing your overall shrink losses.
The key is in knowing what your specific store vulnerabilities are and how they happen. Maybe you have inattentive employees on the weekends. Perhaps your high theft merchandise would benefit from being placed at the front of the store where employees can watch it better. Can you use EAS and other retail anti theft devices to keep your desirable products on the sales floor for customers, but deterring theft at the same time?
Loss prevention training isn’t just about how to apprehend a shoplifter. It is about identifying your store’s vulnerable areas and finding plausible, financially sound, and effective solutions for them. 
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Shoplifting happens to the best of us. No matter how many protections we place in and around our store, shoplifting is going to happen and there is nothing we can do about it… At least that’s how some business owners seem to think.

The reality is that most shoplifting can be prevented. Some of them might be easy fixes, and some of them might require a more complex system to keep the shrink losses at bay.

The difference between the two thought processes is in the amount of loss prevention training you have. The more training and education you have, the better your chances of reducing your overall shrink losses.

The key is in knowing what your specific store vulnerabilities are and how they happen. Maybe you have inattentive employees on the weekends. Perhaps your high theft merchandise would benefit from being placed at the front of the store where employees can watch it better. Can you use EAS and other retail anti theft devices to keep your desirable products on the sales floor for customers, but deterring theft at the same time?

Loss prevention training isn’t just about how to apprehend a shoplifter. It is about identifying your store’s vulnerable areas and finding plausible, financially sound, and effective solutions for them.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

Like An Old Friend- Loss Prevention Workshop

November 3, 2014 by
Everyone has that one person in their lives that they look up to and frequent for insight and advice. This person is usually experienced, wizened and has seen enough of the world to have a different, and useful perspective on any given situation. These are the mentors we rely on for advice in our love lives, financial matters, and other personal questions.
Hopefully, we also have a mentor like that in our work lives, not just in our personal lives. This should be someone who has a greater insight to different aspects and topics of our business than we do. It should also be someone who has valuable insight based off of his or her own experiences.
A mentor like this is particularly important when it comes to loss prevention and store security. The business acumen needed for these areas can’t easily be learned simply from reading up on the topics. Having a mentor, especially one that has personally encountered many of the potential security situations, helps you become that much more knowledgeable.
Having an experienced mentor to explain the nuances and pros and cons of certain actions to improve store security and reduce shoplifting losses will be far better than anything you can get from a manual computer based learning scenario alone.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Everyone has that one person in their lives that they look up to and frequent for insight and advice. This person is usually experienced, wizened and has seen enough of the world to have a different, and useful perspective on any given situation. These are the mentors we rely on for advice in our love lives, financial matters, and other personal questions.

Hopefully, we also have a mentor like that in our work lives, not just in our personal lives. This should be someone who has a greater insight to different aspects and topics of our business than we do. It should also be someone who has valuable insight based off of his or her own experiences.

A mentor like this is particularly important when it comes to loss prevention and store security. The business acumen needed for these areas can’t easily be learned simply from reading up on the topics. Having a mentor, especially one that has personally encountered many of the potential security situations, helps you become that much more knowledgeable.

Having an experienced mentor to explain the nuances and pros and cons of certain actions to improve store security and reduce shoplifting losses will be far better than anything you can get from a manual computer based learning scenario alone.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

Identifying Time Card Theft- Loss Prevention Seminars

October 21, 2014 by
Cash theft or inventory theft are not the only ways an employee can steal from you. Any unauthorized use or gain of company assets- including payroll is considered a form of employee theft. 
Attending loss prevention seminars that cover a variety of theft situations can help you understand and identify some of the seemingly lesser methods of employee theft. One of the methods covered in the loss prevention seminars is time card theft.
Because it is easier for an employee to justify a slide in their favor of the hours worked than it is to justify stealing cash for that same amount of money, time card theft is an often overlooked but equally as detrimental form of theft. Time card theft usually starts out pretty small- a few minutes here and there. If left unchecked, employees can start to wheedle multiple hours out of you before you begin to notice.
Loss prevention training can help you to not only see when time card theft is happening, but what to do about it, and ultimately how to avoid it from happening again. Stores that consistently over in their budgeted hours every week should take a closer look to see if they are being affected by time card theft. Even a few extra hours each week can add up to big losses throughout the course of a year.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Cash theft or inventory theft are not the only ways an employee can steal from you. Any unauthorized use or gain of company assets- including payroll is considered a form of employee theft.

Attending loss prevention seminars that cover a variety of theft situations can help you understand and identify some of the seemingly lesser methods of employee theft. One of the methods covered in the loss prevention seminars is time card theft.

Because it is easier for an employee to justify a slide in their favor of the hours worked than it is to justify stealing cash for that same amount of money, time card theft is an often overlooked but equally as detrimental form of theft. Time card theft usually starts out pretty small- a few minutes here and there. If left unchecked, employees can start to wheedle multiple hours out of you before you begin to notice.

Loss prevention training can help you to not only see when time card theft is happening, but what to do about it, and ultimately how to avoid it from happening again. Stores that consistently over in their budgeted hours every week should take a closer look to see if they are being affected by time card theft. Even a few extra hours each week can add up to big losses throughout the course of a year.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

Filed Under: Seminar Tagged With: , , , , ,

Development Of Assets- Loss Prevention Training

October 8, 2014 by
Investment groups are becoming notorious for buying up retailers and small businesses with one clear intention- creating unmatched profits and massive payouts for the top-level executives, as well as for the investment firm.
One of the main changes these investment firms will make is in staffing and payroll reductions. They reduce the employee hours and benefits to about as minimum as what they can get away with. Depending upon which side of the coin you are on, this is either a completely brilliant or completely inane business strategy. The deciding factor falls within what you want the longevity of your business to be.
For the companies being sold to investment firms, many will not be around in five to ten years. They will be sold, or may go under completely after all of the assets have been striped of any redeeming value. The longevity of the company is not important, the short-term profits are.
For companies who are looking for longevity, treating employees as assets to be nurtured and developed is essential. The more training employees have, they more they will feel in control, and valued. They are more willing to go the extra mile for the business, and want to further their own growth and development as an employee.
Employee development can take the form of computer based learning, seminars, workshops, and one on one development.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Investment groups are becoming notorious for buying up retailers and small businesses with one clear intention- creating unmatched profits and massive payouts for the top-level executives, as well as for the investment firm.

One of the main changes these investment firms will make is in staffing and payroll reductions. They reduce the employee hours and benefits to about as minimum as what they can get away with. Depending upon which side of the coin you are on, this is either a completely brilliant or completely inane business strategy. The deciding factor falls within what you want the longevity of your business to be.

For the companies being sold to investment firms, many will not be around in five to ten years. They will be sold, or may go under completely after all of the assets have been striped of any redeeming value. The longevity of the company is not important, the short-term profits are.

For companies who are looking for longevity, treating employees as assets to be nurtured and developed is essential. The more training employees have, they more they will feel in control, and valued. They are more willing to go the extra mile for the business, and want to further their own growth and development as an employee.

Employee development can take the form of computer based learning, seminars, workshops, and one on one development.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Filed Under: Seminar Tagged With: , , , , ,
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