Why Now is the Best Time to Invest in Security for Your Business

May 5, 2020 Blog 0 Comment

With the Australian government placing restrictions on a number of non-essential services, many businesses are left with no choice but to cease operations for the time being. Social distancing measures have kept people from going outside and with the relatively quiet surroundings, potential thieves and burglars may look to take advantage of the opportunity. During these challenging times, it should be in your best interest to ensure that your storefront is safe and well-protected, regardless of whether you’re in operation or not.

Even in the middle of a pandemic, having additional security measures is always a welcome idea. As a business owner, you want to protect your establishment from the hands of would-be criminals. If you haven’t invested in improved security for your business yet, here are a couple of reasons why you should do so now.

It gives you peace of mind

One of the main benefits of investing in security for your business is that it gives you peace of mind. You have one less thing to worry about given the current situation of the coronavirus pandemic. Instead of worrying about your storefront, you can shift your focus towards the needs of you and your family. Being under lockdown means you can’t access your store and check up on it frequently, which is all the more reason to further enhance the security measures of your business.

Modern security systems make it easier to monitor your establishment. You can check in on the security cameras, see which doors are locked and unlocked, and view recorded activity right through your smartphone or computer. Having remote access to your security system is a huge deal, especially under these circumstances where you can’t physically visit your storefront. Security systems also come with a monitoring plan that gives you detailed reports of your business security, allowing you to stay on top of your storefront at all times.

It helps you save on insurance

One expense that can significantly impact your profit margin is insurance. Given that most businesses are already operating at a loss of revenue just to stay afloat, the last thing you need is to pay for costly insurance premiums. If you’re looking to cut down on your insurance costs, investing in your business security can definitely help. Insurance companies are on the hook and will have to financially assist you if disaster strikes. By improving your business security, you’re taking necessary steps to lower the risk of incidents like burglaries and fires, both of which insurance companies weigh considerably when calculating insurance costs.

Establishing additional security measures will help limit the amount of damage to your business. This then translates into reduced insurance claims filed. The more secure your store is, the more likely it is for insurance companies to give you a discount.

It safeguards your assets

At times like this, losing a single asset can prove devastating to your business. You can’t afford to lose tangible goods like in-store equipment, cash, computers, and other valuable assets when your net income is already at a negative. This makes it extremely important to safeguard your business assets as you weather the storm of the pandemic. Improved security measures not only protect your goods but also acts as an effective deterrent against criminals, especially when you have a comprehensive security system in place. The sight of a security camera alone can make burglars think twice about targeting your store and move on to another potential prospect.

Even if they do manage to break inside your property, a series of motion detectors and glass break detectors can quickly sound the alarm and force them to dart as quickly as possible. This gives them less time to make a mad dash on your valuables and discourage them from continuing their criminal acts.


Ways to invest in security for your business

There are plenty of ways to invest in business security and we believe these three methods are the most effective at keeping thieves and burglars at bay.

  • Use tamper-resistant locks – Your first line of defence against forced entry are locks and if you’re using cheap, worn-out locks, you’re definitely compromising the security of your store. Consider investing in tamper-resistant locks that are robust enough to withstand picking like a deadlock bolt to further improve business security. While smart locks are convenient, we recommend sticking to traditional door locks for maximum security.
  • Invest in a security system – Not just a security system, but a comprehensive home security package. Modern security systems come with all the tools and features to effectively safeguard your establishment from would-be criminals like door/window sensors, motion detectors, smoke alarms, and security cameras. Having a security system installed in your establishment is a must, especially if you can’t access your store on a regular basis.
  • Conduct basic security inspections – You don’t always have to spend thousands of dollars to improve the security of your business. Sometimes all it takes is a thorough inspection to identify any weak points in your business security. Are there any door locks that look tampered and need replacing? What about the door and window jambs? Are the doors sturdy enough to resist forced entry? Conducting basic security inspections will allow you to fortify any problem areas and prevent burglars from taking advantage of them.