🛡️ Protecting Cash in Small Retail Businesses: What Every Owner Must Know
May 16, 2025
Many small retail business owners operate in cash-heavy environments with minimal internal controls. Unfortunately, that makes them ideal targets for fraud and corruption—often by trusted insiders.
Our latest blog post identifies the most common fraud and corruption red flags in small businesses. It offers eight realistic, low-cost actions any retail owner can take to reduce their exposure.
🔍 Key Takeaways:
8 Red Flags to Watch For:
POS totals that don’t match actual cash
Delayed or inconsistent deposits
Over-reliance on one person to handle cash and records
Unusual employee behavior, such as resistance to oversight or sudden lifestyle changes
And more...
8 Preventive and Detective Actions:
Segregate duties, even with a small team
Match POS reports with actual cash daily
Require signed deposit logs
Encourage a receipt-for-every-customer culture
Conduct random spot checks
Formalize simple written procedures
Use your external auditor strategically
And other quick wins...
📘 You can also download our free one-page Anti-Fraud Guide for Small Retailers—designed for business owners with limited staff and internal control experience.
👉 Read the full article and download the free guide here:
🔗 https://blog.theaaci.com/when-cash-is-king-so-is-risk/