Tales of the Cocktail® New Orleans 2016

Are the majority of annual losses that result in bars often addressed to occupational hazards of a cash business or written off as five finger discounts? Other than intent, there's very little difference between a bottle of booze breaking in the well, it being consumed by the staff, or sold for cash and straight into somebody's pocket. From catching employee theft to employees drinking the bar dry, what are the clear indicators that can help you detect your systems falling by the wayside? When payroll taxes are high, allowing a bartender to supplement their income by a certain amount of "stealing" can be cheaper than paying them a higher salary, so who's really to blame? In addition to who is controlling the purse strings, even theft among partners can be a common denominator without clear advocacy for transparency. In this seminar we will discuss the different types of shortages associated with bars- employee/ owner theft, theft among partners, careless cash systems, and how they affect employee morale and the bottom line of your profit and loss statement and what can legally be done about it. In the end we are all one big happy family, but who's being held up with their hands in the air and who's got their hands in the cookie jar? A polygraph machine is available upon request.