Security Cameras,spend A Little, Save Alot.

Small business owners often overlook one of the most vital and costly issues facing them — the matter of loss prevention. They often turn a blind eye to the very real issues of theft, vandalism, and internal embezzlement. Sadly, this is simply something that business owners cannot ignore. Recent studies have shown that business lose billions of dollars a year by ignoring the issue of loss prevention. Below, we have listed our top four recommendations for small business owners looking to put together a comprehensive security system.

1. Choose a security company with a good reputation, many security companies advertise their services based on cost effectiveness. Cost is an important factor, but value is much more important, make sure you are spending your money wisely. Your small business insurance agency may be a good place for suggestions on a reputable security firm, they can help you make an informed choice.

2. Don’t do it yourself: many business owners try to save money by setting up their own ” security system “. They use cheap web cameras or off the shelf solutions and expect to obtain high-quality results. However, they discover that it is very time intensive to obtain these results — they must spend much of their valuable time watching security videos, without a clear idea of what they are looking for. Instead of doing it yourself, spend a little extra and pay a firm to do it for you — you’ll be glad you did.

3. Location, location, location: the key to successful loss prevention is to make sure that all locations in your business are monitored by security cameras. Many small business owners err by trying to save money by setting up only one or two security cameras. However, it is important to keep in mind the fact that criminals will stop at nothing to steal from your business — if you have a small number of cameras, they will find a way to do their nasty business in camera free locations.

4. Monitor your employees and customers: small business owners often aren’t aware that loss prevention efforts need to be targeted toward both employees and customers. The small business owner that only trains security cameras on his or her merchandise can be stolen blind by a crooked employee. Likewise, if you are only monitoring employees, a single break-in can bankrupt you.

We hope that these suggestions will help you decide on a comprehensive solution. We know that the most important goal for a small business owner is to manage costs. But don’t forget that the key to staying on top of loss prevention is implementing strong security. A little investment in security will pay dividends by saving thousands and thousands of dollars in shrinkage.

One of the most important, but often overlooked aspects of small business is loss prevention. If you are a business owner, and are considering installing a security system, then check out our top four tips for business owners below. Find a security company with a good track record: some security companies position themselves based on cost. Don’t go it on your own. By far, one of the most important aspects of setting up a successful security solution is the location of the security cameras. Monitor your employees and customers: small business owners often aren’t aware that loss prevention efforts need to be targeted toward employees and customers.

- Edson Buchanan

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