Minimise the chances of your business being robbed

Running a small business can be hard work.

One of the greatest risks of small cash-based businesses, according to the SAPS, is the need to deposit money on a regular basis at the bank.

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• Alternate the days and times on which you deposit cash.
• Never make your bank visits public.
• Do not openly display the money you are depositing while you are standing in the bank queue.
• Avoid carrying money bags, briefcases or openly displaying your deposit receipt book.
• It’s advisable to identify another branch nearby that you can visit to ensure that your banking pattern is not easily recognisable or detected.
•  If the amount of cash you are regularly depositing is increasing as your business grows, consider using the services of a cash management company.

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• Refrain from giving wages to your contract or casual labourers in full view of the public rather make use of wage accounts that can be provided by your bank.
•  Refrain from driving to the bank in your company branded vehicle on a typical “pay day”.
•  Consider arranging for electronic transfers of wages to your contract or casual labourers’ personal bank accounts.

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Contact the newsroom by emailing: Melissa Hart (Editor) germistoncitynews@caxton.co.zaor Leigh Hodgson (News Editor) leighh@caxton.co.za or Kgotsofalang Mashilo (journalist) kgotsofalangm@caxton.co.za

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