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Will £3k per year crime costs inspire firms to adopt facilities management?

September 8th 16:30 Cost Management 

Small businesses owners in the UK were left £3,000 out of pocket last year as a result of criminal activity, according to a new report.

This could inspire a number of businesses to adopt facilities management cost reduction process in order to protect their profit margins.

A recent study published by the Federation of Small Businesses (FSB) has revealed that more than two-thirds of the UK's small firms have been a victim of crime costing more than £3,000 in the last year.

However, the study showed that more than a third (39 per cent) of such crimes are left unreported.

Mike Cherry, the FSB's policy chairman, commented: "Small businesses are the heart of our local communities and a crime against a small firm is not just an attack against that business but it affects staff and has repercussions on the wider community."

As a result, the FSB is calling on the government to "step up" and engage with small firms.

"It is paramount that the government sets out the right local agenda to protect these vital firms that are currently losing up to £3,000 a year to crime. We cannot watch small businesses being repeatedly victimised and as a result forced to close," Mr Cherry added.
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