Security is so important that it has to be addressed from the very first day you start planning your new franchise business. Over time the franchise industry has developed security safeguards and operations that are highly effective and most franchisors now have as a matter obviously ripped, tried and tested security procedures. There is now a very active Security Industry, which includes grown up around this dependence on protection, and ranges from local, to large national and multi-national companies.
The most frequent security issue you will face each and every day may be the most soul destroying of most, and that’s; Internal Theft by Your Employees.
Your franchise employees are 15 times more prone to steal from you than are your customers, so you will need to thoroughly investigate the backdrop of prospective employees for you personally franchise business. Check personal and credit references and primarily check with former employers, teachers, all referees and when possible the local police.
It is a challenge but, Promote a Theft-Free Culture while maintaining a friendly fun working environment.
Your written company policies should cover ethical behaviour, internal theft policy, what constitutes “internal theft” and provide this information in writing to each new employee of your franchise. Tell employees what will happen if anyone is caught stealing…not so what can happen, but what will happen. These policies should be signed by all of the franchiseses employees indicating they understand and consent to adhere to them. Never be complacent because in my own go through the sad simple truth is that dishonest employees account fully for two-thirds or even more of theft.
On the administration side of your franchise business additionally you need to be vigilant.
Examine all invoices or supporting data before signing checks. You ought to have the bookkeeper attach to the check, all related invoices.
Dual signature of checks should be required unless signed by you.
Don’t pre-sign checks and do inspect all pre-numbered check books to ensure that the checks are being found in sequence.
Check that your accountant or book-keeper, reconciles the bank account and charge card accounts monthly.
All cash should be kept in a safe that’s either on a period lock or is opened with dual keys certainly one of which can be kept off premises.
Robbery is one of the very most horrific and frightening of all of the franchise security business franchise situations it is also one of many crimes that can cause long haul physiological injury to employees.
Robbery is classified to be any situation where violence, or the threat of violence, is used to extort or take by force property or money.
As a franchise owner it’s your responsibility to truly have a protection program, with adequate safeguards in position to ensure, as far as humanly possible, the safety of your customers, your employees and yourself.
Your franchisor must have recommended practices and training programs available and these should be given prominence is likely to franchise training program. If for reasons uknown the franchisor does not provide this then you can certainly speak to your local law enforcement officers or use the services of professional security advisors.Technology Read More