By
J. Robert Wyman, President of a consulting firm that specializes in financial management and control for small businesses. J. Robert Wyman began his career
in the intelligence field, and also has a background in finance and fiscal management. He has worked for more than a decade in asset
protection management for various national corporations where he developed extensive training programs to deal with the day to day realities
of loss prevention.
Description
With half of all new businesses failing in the first two years, every aspect of good business planning must be considered, but loss prevention
is very often overlooked. Most small business owners grapple with the day to day challenges of sales and marketing, never realizing that
the shadow of shrinkage is expanding daily, waiting to reveal itself in the annual inventory results. Ravaged by theft and paperwork
losses, the already tight profit margin can shrink into oblivion. Loss Prevention and the Small Business opens the eyes of the reader
to the reality of shrinkage in all its guises including shoplifting, fraud, and embezzlement. Armed with this awareness, the security
specialist or owner/manager can utilize the many strategies to both inhibit losses and aggressively pursue those persons and processes
that cause losses.
This is a comprehensive guide to developing and maintaining a loss prevention strategy. It assists the reader
in creating a dynamic proactive plan for protecting their hard-earned profits from the menace of internal and external loss.
Audience:
This is a professional reference for security professionals who work in or advise small businesses.