There are many things to consider when managing a retail business. One of them is to prevent loss. Hiring reputable security companies in Los Angeles can offer you the security services that you need to maximize loss prevention. Keep reading to find out more about how security guards can be an asset to your retail business.
Security Companies in Los Angeles in Preventing Retail Shrinkage
Return Fraud
Retail stores experience different types of losses. One of them is return fraud. Wikipedia describes it as “the act of defrauding a retail store utilizing the return process. There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, or steal receipts or receipt tape to enable a falsified return, or to use somebody else’s receipt to try to return an item picked up from a store shelf.”
Shoplifting
This is a common criminal activity in a retail store. It can happen at any time. Unfortunately, not all bad actors are caught. You might have modern technology installed in your establishment. But your visitors can still find a way to shoplift.
These two are the most common types of retail losses. But they are not the only ones. Whatever type of retail shrinkage your shop experiences, there are solutions to that, and security companies can offer you services to remedy them.
Employee Theft
Your visitors aren’t the only ones who will steal from you. Your employees can carry out criminal activity for whatever reason. As the owner of your retail shop, it’s your reasonability to minimize this type of loss. But this can easily be prevented if you have sufficient security in your environment.
Combatting Shrinkage
Hiring the right security guards can be an effective way to combat these losses. But you need to obtain a team of highly trained security professionals to monitor your store and identify potential shoplifters. They won’t just be there standing in the corner. Rather, the guards will walk around the area, studying every customer who looks at the items you sell. Because they are trained to spot possible thieves, they can stop it before the crime occurs.
The presence of security guards in your store can be intimidating. But the intimidation they caused might be enough for the thieves not to push through their criminal intent.
Our Security Guards Insured?
Not all security guards are insured. If you hire a company with no insurance, you will handle the medical costs if the guards are injured while protecting your store. For that reason, it’s vital to hire only security companies in Los Angeles with licensed security guards. Hillquest Security can provide you with the right services and insured security guards. Contact us today to know more about how you can benefit from our security services to protect your retail stores: (888) 925-8040.