Did you know that 3 out of 4 employees steal from their employer? And 30% of the businesses fail due to employee fraud? Not only this, according to the Association of Certified Fraud Examiners, small businesses are more vulnerable to fraud and theft. It can take up to 2 years to detect loss due to burglary.
But why?
Well, it’s because most businesses ignore security alerts. They treat business security as an option and not a priority. Consequences? Business failure, high rate of theft, continuous business losses, and much more.
It goes without saying that you need to understand all the security alerts and take timely measures for the survival of your business. However, what exactly are these security alerts?
Curious to know, let’s jump right in.
Business is located at High-risk Area
The location of your business is a matter of great concern. If your business is located in an area where the crime rate is high, you shouldn’t take the risk of leaving it unprotected. Especially if your business is open till late at night, it becomes even more crucial to have upgraded security surveillance. It will create a deterrent for the lawbreakers and will also offer you peace of mind.
Besides, the employees’ productivity at such locations also increases when they do not have to worry about their safety.
Premises have a lot of cash
We all know that businesses need money to operate. However, how much cash your business handles daily is also a crucial aspect of security. If your business premises deal with a lot of money in hand, not having security guards or CCTV cameras can cause blunder.
Rising cases of Shoplifting
The National Retail Federation revealed that small retailers lose around $44 billion due to shoplifting. If your business is also facing regular cases of theft, then it is your cue to improve your business security.
As a matter of fact, the professionals at https://smartsecuritypros.com/services/executive-protection/ opines that small retailers should consider hiring security guards. A well-trained guard reduces the chances of shoplifting and ultimately helps in saving money for the business.
Safety concerns of employees and customers
It is essential that your employees and customers feel a sense of security whenever they enter the premises. If your customers or employees complain about not feeling safe, then it is high time for you to enhance your business’s security.
Look at it this way, the safer the ambiance of your business will be, the more customers it will attract.
A helping hand for emergencies
Uncertain risk is the part of a business whose presence we all can’t deny. So, in any emergency, having security guards on the premises can help you immensely. They are well-trained, licensed, and know how to handle different emergencies responsibly, to protect your business.
Conclusion
It doesn’t matter if your business is big or small. Every business needs security. Whether your business shows only one sign or all those mentioned above, it indicates you to act smartly by hiring security guards or installing a surveillance system. Afterall as Jodi Rell has said
‘At the end of the day, the goals are simple: safety and security.’
