When you own a retail business, it is important to have a deposit safe to keep excess cash locked away. This helps employees stay honest and also helps protect your business from robberies. Thieves are not looking to open a safe, they want to get the money out of the register and get away as fast as possible. Keeping your excess cash in a safe deters thieves and lets you feel more secure about your business.
Recommendations for using a Deposit Safe
If your store takes in large amounts of money over the course of a business day, you should have your employees make regular drops into the deposit safe. They should keep less than $100 in their drawer, making your losses smaller in case of a robbery. They should drop any large bills and have a manager change out the larger bills for smaller bills so they can make change without accessing the drop safe.