Let us help you implement steps to minimise loss and maximise profits to protect your restaurant brand and bottom line.
Running a successful restaurant is more than just serving delicious food and providing excellent customer service. Having a robust loss prevention and shrinkage reduction plan in place is key, without which losses from theft, fraud or operational errors can take a toll on the bottom line and affect long-term profitability.
According to the National Restaurant Association, restaurants experience an average loss of 2-5% of annual sales to theft alone, while waste and spoilage can add significant additional losses.
Our teams of retail and restaurant Auditors across the world help implement and maintain robust loss prevention measures through regular checks, audits and staff training programmes to ensure continuous improvement and risk mitigation.
A loss prevention / shrinkage audit can include recommendations and checks across many areas including:
- Establishing strict procedures for handling cash and other valuable items. This includes proper training of staff, use of secure till systems, and close monitoring of transactions.
- Ensuring security measures such as surveillance cameras are operational in key areas like the kitchen, dining room, and entrance.
- Using security tags for high-value products such as alcohol, coffee, meat, to reduce the risk of theft.
- Implementing a clear policy about inventory management to ensure that all goods are properly tracked and accounted for.
- Utilising technology to automate reporting and tracking of transactions for more accurate records.
Get in touch to learn more about how we can help you protect your business.
