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Security Cameras, Who's Keeping An Eye On Your Business?

by Edson Buchanan

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. Find a security company with a good track record: some security companies position themselves based on cost. And while cost is always of concern, it is more important to get your money's worth. Your insurance agency should be able to give you a reference for a good security firm to ensure you make the right choice.

2. Don't go it on your own : businesspeople often try to cut corners cost-wise by installing their own security system. Many times, they will use inexpensive webcams, or integrated solutions off the shelf, and are disappointed when they do not receive the video quality they were expecting. It's also true that self-security solutions can be very time and labor intensive. Don't do it yourself : you'll save a lot of time and effort by trusting a specialized security company to do the security for you -- it may cost a little more up front, but the results will speak for themselves.

3. The ever important location: one key to successful prevention of loss is the installment and monitoring of security cameras at all locations. Many small business owners make the mistake of using only one or two security cameras in an effort to save themselves money. Unfortunately, the fewer cameras that you set up, the easier you are as a target for potential criminals as they will be able to find a way to steal from you in an unmonitored area of your business if you have too few cameras.

4. Always monitor both your employees and your customers : as a small business owner, you may not be aware that loss prevention can be an inside job and an outside job. If you only focus your cameras on the merchandise , you'll miss the internal theft. Similarly, only watching for employee theft can leave you open to a single robbery which can leave you broke.

We hope you've found these simple tips useful. As a small business owner, we know that your most important goal is protecting your bottom line. Remember, the key to strong loss prevention is using strong prevention. Spending a few extra dollars on loss prevention can ward off thousands or hundreds of thousands of dollars in losses.

One of the most important aspects of small business is loss prevention. It's important for business owners to think about. Below, we have some tips for businesses considering installing a security system. 1.Research reputable security companies. Cost is always important, but it's more important to get your money's worth. 2.Don't do it on your own. Use a trusted company to do it for you. 3.Placement of security cameras is very important. All areas must be covered. 4.Last but not least, monitor your employees and customers. You don't want to be robbed blind by an employee. I hope you've found these tips useful and will use them to make an educated decision.

Published September 25th, 2007

Filed in Education

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