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Employee theft is one of the worst problems a company faces. In order to achieve success and make profits, small retail businesses have to stay theft-free. Statistics show almost two-thirds of loss in an outlet is caused by theft perpetrated by dishonest employees. The losses cause difficulties for people who aren't involved in this - the customers, by driving prices up. Eventually customers will refuse to achieve their shopping each morning store affected. Therefore, businesses will enjoy less profit. Undoubtedly, every business must strive to prevent theft.

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Identity theft and fraudulent use of personal financial records is an ever growing problem all around the world. In 2004, the U.S. Ftc conducted a survey that indicated over 9 million individuals are victims of identity theft every 1 year. A 2003 study conducted in in england suggested that 20% most consumers was being subject to identity stealing. Clearly, in the English-speaking world, identity theft is an ever-greater threat to your own and financial well-being.

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Merchandise theft is an obstacle that is faced by every dollar store establishment. Yet many new store owners are unaware of the methods that can be installed to steal or deliberately damage merchandise in their stores. Using knowledge of methods this could be done, proprietors can take preventative action. That action may not totally clear away the problem, but it can go a long way toward reducing it. This is the third of three articles that focus on loss prevention.

The answer to controlling employee theft is always to reduce the ability to steal. You should explain clearly to the workers if built dishonest exactly what the consequences often be. Here are a few plan.

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