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When running a business with a cash drawer, describe 4-5 safeguards you would implement to prevent employee theft


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Blindly pursuing a business venture without full knowledge of the risks involved is foolish. For example, if your business depends on you to run it, what if you become ill or die? If employees you count on do not show up for work, how will you sell products or produce services? What about crime prevention? What can you do to protect your business? The following is another resource that can help you with this assignment: Disaster Planning Resources Deliverables: 4 – 5 page Word document or PDF file, APA format (excludes APA cover page and abstract; include reference page as applicable) Your Analysis As you can see, risk management is all about being cautious and addressing the following issues: Crime Prevention When running a business with a cash drawer, describe 4-5 safeguards you would implement to prevent employee theft. Shoplifting is a growing problem in retail. Describe 4-5 techniques you would employ in a retail setting to subvert shrinkage. Disaster and Recovery If your business is in the hurricane belt, flood zone, or tornado-prone region, you need to have a disaster and recovery plan. Provide a listing (along with rationale) of what should be included in your plan. Research 4-5 types of business insurance. What types of insurance do you need to cover current and future losses and to safeguard assets? If a business can only afford some insurance, which would be the most important to purchase, and why? Please be sure to reference from where you take you information by including citations within your text and by creating a References page. Adhere to APA formatting and reference guidelines when writing your response. Additionally, your response should be free of grammatical errors, use complete sentences, and give specific details to support statements.


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