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STATE OF NEW MEXICO RISK MANAGEMENT DIVISION LOSS PREVENTION AND CONTROL BUREAUNOTARY PUBLIC SURETY BOND REQUEST New ApplicantRenewalNotary Applicant\'s Name as it appears on their most recently issue,
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How to fill out loss prevention and control

01
Identify potential risks and hazards in the organization.
02
Develop a comprehensive loss prevention and control plan.
03
Train employees on loss prevention and control procedures.
04
Implement security measures to protect against theft, damage, and accidents.
05
Regularly monitor and evaluate the effectiveness of the plan.
06
Continuously improve loss prevention and control strategies based on new risks and industry best practices.

Who needs loss prevention and control?

01
Businesses of all sizes and industries can benefit from implementing loss prevention and control measures. This includes retail stores, warehouses, manufacturing plants, restaurants, banks, and even online businesses. Loss prevention and control help mitigate financial losses, protect assets, ensure employee and customer safety, and maintain business continuity.
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Loss prevention and control refers to the strategies and measures implemented by organizations to minimize the risk of loss and protect assets from theft, damage, or other types of loss.
Organizations that handle sensitive data or valuable assets are typically required to file loss prevention and control reports. This may include businesses, educational institutions, and healthcare providers.
To fill out loss prevention and control, organizations should provide detailed information about their risk management practices, any incidents of loss, and the measures taken to prevent future occurrences.
The purpose of loss prevention and control is to safeguard assets, reduce the risk of financial loss, and ensure compliance with laws and regulations regarding asset management.
Information that must be reported includes details of loss incidents, preventive measures implemented, staff training on loss prevention, and compliance audits.
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