Owning a small business can be an exercise in good judgement. We must weigh the risks of investing in certain things over others. Every dollar spent is a risk as we try to build our business from the ground up. Questioning whether it’s worth it to invest in security for a small business is only natural. That money could be going toward advertising, new stock, or adding to the workforce. Why is putting forward the money for affordable security a good investment? Here’s why:
Small Businesses Are Targets
You might expect your business to be safe because it’s small. After all, what would a burglar want from your business when they could gain more from a larger one? The answer is simple: small businesses are less risk to break into. Breaking into a small business has the potential to pay off for a burglar without the massive risk that breaking into a chain would come with. Burglars know that big chain companies are equipped to handle break-ins. They’re expecting you not to be, and that’s why it’s best to prove them wrong.
A thief is more likely to prey on the little guy because they know they’re less likely to have adequate security in place. It’s safer for them. If they see your business has security, not only is there less to gain, it has the same risk factors as a bigger business. It’s not worth it anymore.
Recovering From Theft Costs Even More
In the event of a break-in, your small business is risking everything. Losing merchandise that you don’t have the funds to replace, having a register raided – it can ruin a new business. The costs of replacing products and recovering from property damages can destroy a carefully designed budget. That’s what makes security worth investing in.
Advertising the security of your business is great at discouraging break-ins. In the event that there is a break-in, you have what you need to recover from it. Video cameras offer footage of the break-in. That’s incredibly valuable as you now have evidence for the police. It will aid in catching the thief and give your insurance what they need to confirm the damages caused by the event. That means compensation. You no longer have to pay for the replacement of damaged or stolen goods out of your own pocket.
Security Comes in Many Forms
Maybe you don’t have the money right now for an exorbitant amount of security. That’s okay! Security comes in many forms and you don’t need all of them to lower your risk of theft. A simple security camera will discourage daytime theft and provide evidence of any illegal activity in your business. No matter your business’s financial standing, there’s a form of security that’s right for you! Keep yourself and your assets safe by investing in security.