Dear <general retail client>,
Losses of stock and cash
You may have noticed recent reports showing the high and increasing levels of losses suffered by retailers due to theft. You will be aware that the average level of retail theft has been estimated to be 2%. Research shows that this can be doubled if the business employs staff.
This means that a business with a £250,000 turnover could be losing cash and stock to the value of £10,000 each year.
To make matters worse, the effect on margins could lead to a tax or VAT investigation which might result in additional tax, interest and penalties being payable if it cannot be shown that the missing cash and stock was stolen.
We can offer our services in helping to:
- identify opportunities for theft
- detect whether your business might be suffering from theft
- take preventative action, including tightening up on systems and procedures
If you think we could help you with this, please get in touch. We will then agree with you the action you would like us to take to take.
Yours sincerely,
Name of Practice