During the holiday season, there is an increased need for security guards for retail theft prevention services.

As Forbes.com puts it, “While the dizzying holiday shopping season brings retailers their biggest windfalls of the year, it's also the time that the industry's biggest scourges, fraud and theft, kick into high gear.” Many stores lose about one third of their annual theft losses during the holiday season.

To put the amount of retail loss into perspective, here’s a statistic provided by the National Retail Federation: annual thefts in stores cause losses five times greater than a year’s worth of automobile theft does.

Plus, there is a newer worry, organized retail theft, in which groups of criminals work together to steal millions of dollars’ worth of items from stores. They then sell these goods on the Internet, at flea markets and through the black market.

Store managers use as many strategies as they can to prevent retail theft.

They place easy-to-shoplift items close to the counter and they post signs, letting shoplifters know that they will be prosecuted. They also use cameras to capture thieves in the act. But, there were still losses of $36.3 billion in 2009 alone, so more clearly needs to be done.

If you own a security company, you can help more with retail theft prevention but what about your cash flow management?

Will it allow you to take advantage of seasonal opportunities and expand your clientele?

To boost your cash flow management, choose accounts receivable factoring with MP Star Financial as your business funding solution. At MP Star, we work with security businesses just like yours, freeing up cash flow. You can then take advantage of seasonal opportunities such as providing more retail theft prevention services during the holidays.

Call us at 800-833-3765 Ext. 150. Or, apply for accounts receivable factoring, your business funding solution, online today.