Opening small shop - bank note safe - advice please

[johnboy21]

Hi,

I've been running my own online shop for a good few years and am now opening up a physical shop for the first time. I have just ordered a counterfeit bank note detector for the shop as I will now obviously be dealing directly with cash from customers and whilst I was making my order I came across bank note safes... http://zzaponline.com/pos-safe

Can any shop owners advise me if I should be ordering one of these and if not what they would suggest for safeguarding cash in a small shop?

Advice much appreciated.

Thanks

Johnboy

[Lexual]

Hi, afraid I can't help with the bank safe query, but if you need any printed products, signage, marketing etc then please take a look on my profile where you'll see my website and contact details.

Regards,
Oliver

[LaurasOtherHalf]

This sounds like a daft question, but how much cash do you think you'll take? Our average sale is around £40 and we now take a very small amount, probably only 20-25% is in cash.

Your business insurance will cover a certain amount (up to a few grand) if it's locked in a safe or till so you might find one is unnecessary.

In a high cash environment like a busy pub or grocery shop, I can see the point as it takes away temptation from casual staff plus removes the threat for opportunistic thieves, but unless you're handling a thousand plus in cash every day I wouldn't bother.

[Wacky Racer]

I have been in the retail business owning shops in various parts of the country for over forty years, and in all that time, I can only remember taking a couple of forged notes, so don't get too hung up on this, just hold the note up to the light and check the foil looks OK.

If you decide to accept cards, you will probably find a very fair percentage of your sales are via these, but unless you are talking about thousands of pounds of cash daily (unlikely), I would just keep a small amount in the till and hide the rest somehere convenient behind the counter out of customers eyesight, until it can be banked.

That item you linked to seemed OK for price though,