Businesses Lose a Billion dollars a Week: How Business Owners can Remedy the Problem
Employees steal over a BILLION dollars a week from American companies, according to the Department of Commerce and the American Management Association. Thirty-three percent of businesses go bankrupt because of dishonest employees. Theft isnt the only problem. Businesses also lose profit to industrial espionage, negligent hiring, computer hacking, con artists and scams, workers' compensation fraud, substance abuse, and many other potential devastating problems business owners dont often think about.
Medford, OR (PRWEB) July 30, 2004 -- Loss Prevention Threats & Strategies is a new publication that helps companies combat business losses. Authors Thomas N. Monson and Sarah Kaip described the top 22 security threats reported by Pinkerton Consulting & Investigations Inc in an annual survey of American corporations. They also explain the losses that can result from these threats, including profit, poor morale, absenteeism, lower productivity, excessive medical expenses, OSHA fines and lawsuits. Simple and cost effective techniques for dealing with each threat are explained in understandable terms.
As a small business owner of twenty-five years, Monson experienced first hand the harmful effects of employee theft. I am amazed by the number of people who try to make a dishonest living at my expense. They dont just steal from business owners; everybody pays the price."
Kaip, who conducted in-depth research for this project, adds, "The majority of business owners believe their employees, customers and contractors are honest. However, a study on employee theft revealed that ten percent would steal no matter what. Another ten percent would never steal. The remaining 80 per cent would steal if they thought they could get away with it."
Loss Prevention Threats & Strategies retails for $19.95. Order from Book Clearing House 800-431-1579. Or online at boookch.com, amazon.com, barnesandnoble.com,or bookwire.com.
Book Statistics: Loss prevention threats & strategies how people steal from your business and what you can do to stop it by Thomas N. Monson and Sarah Kaip. [ISBN 0-974-38301-5. Category: Business/ Security/ Risk Management/Loss Prevention, 276 pages, 7"x9" trade softcover. Additions: index, bibliographic references, forms, illustrations. Copyright 2004 by Advantage Source, Inc. 33 North Central Avenue, Suite 219, Medford, OR 97501. 800-867-0016 or fax 888-532-9142
# # #
Bookmark -
Del.icio.us |
Furl It |
Technorati |
Ask |
MyWeb |
Propeller |
Live Bookmarks |
Newsvine |
TailRank |
Reddit |
Slashdot |
Digg |
Stumbleupon |
Google Bookmarks |
Sphere |
Blink It |
Spurl
|
