5 Tips to Protect Your Business During the Holidays
The holiday season is the peak sales season for most businesses, but it’s also the prime crime season for thieves. This year, businesses are facing a growing threat from organized retail crime ring activity, which increased 67 percent over the past year, according to the National Retail Federation. Ninety-six percent of companies were hit by OCR theft last year, with six in ten retailers eventually recovering stolen property from fencing locations and nearly three in ten finding stolen property on sale outside the United States. Return fraud is also up, with 11 percent of returns expected to be fraudulent.
The increased risk of theft this holiday season makes it imperative for business owners to take extra security precautions. Here are five commercial property security tips you can implement to help make sure you don’t lose your holiday profits to thieves.