All breaches of security must be recorded according to the procedures of the establishment that you work in. All businesses will have a set of procedures that are appropriate to its nature and size. Good security is vital to the success of any business.
Clients Security:
Customers must feel that they are safe and their possessions are secure, Nobody will want to return to place where their handbag or coat was stolen, no matter how good the actual service. No business can survive or grow with that type of bad publicity.
Staff security:
A business that has a bad reputation will have trouble retaining and attracting high quality staff. Low staff morale will always affect any business in a negative way.
Stock security:
The theft of stock costs businesses large amounts of money as it can be very expensive to replace. This will ultimately affect the profitability of the business.
Insurance implications:
A bad security history will affect the amount of insurance premiums that business has to pay. Repeated incidents of theft will result in higher insurance costs and affect the profitability of the business.