Insurance Industry estimates show that losses from employee dishonesty alone cause up to 30 percent of all business failures. Add to that losses from crimes committed by outsiders against business property, employees and customers.
Crime does have a significant negative impact on the small business.
Yet, security and loss prevention are among the most neglected and poorly managed aspects of small business operation. Failure to adequately address the crime threat can have serious consequences. Allowing opportunities for theft and dishonesty to exist certainly aids the true criminals who actively prey on vulnerable businesses. This alone is bad enough, but it gets worse. A lax environment where opportunities for theft abound can lead even the honest person into temptation.