Theft Prevention Strategies For Small Businesses

Theft Prevention Strategies For Small Businesses

Theft Prevention Strategies For Small Businesses

Most business owners take pride in their store and products, and are well aware of the damage that theft can have on their bottom line. According to the U.S. Chamber of Commerce, 54% of small business owners experienced an increase in shoplifting during 2021. Organized retail crime is reported to cost stores on average, more than $700,000 for each $1 billion in sales in 2020, which is an increase of more than 50% over the last five years.Clearly, controlling theft, even from your own employees, is a critical aspect of owning a small business.

Get A Quote

Theft Prevention Strategies for Small Business Owners

There are many things that business owners can do to prevent theft and crime from occurring on their property. Installing a commercial security system with the right technologies and equipment to protect your people and property is a great place to start. Security systems can be integrated with fire alarm systems to provide even more reliable operation.

Speaking with a reputable fire and life safety system provider can help you to understand all your options for a commercial security system that meets your needs and your budget.

Install A Commercial Security Alarm System

A commercial security alarm system can be customized to suit a business owner’s needs with various types of equipment and technologies available to protect people and property.

Commercial alarm systems may include:

Video surveillance – this is one of the greatest deterrence for theft when potential criminals are aware they are being recorded. Video surveillance systems can often be monitored remotely for uninterrupted, 24/7 visual access of your property. Be sure to talk to your employees about the reasons why there is video surveillance and the locations of cameras, and make sure you respect your employees’ privacy and privacy laws. Cameras should not be installed in restrooms, break rooms, employee lounge areas or other places where there is a reasonable expectation of privacy. In the case of theft or criminal activity, video evidence can help to bring justice.

Motion detection lights – motion detection lights are always a good idea to discourage shoplifting or break-ins and work hand-in-hand with video surveillance to record suspicious activity after hours.

Access control – businesses that limit access to certain areas can help to minimize risk from the public and from employees. Keep private business areas locked and inaccessible to the public. Consider access control with various levels of permission if you only want certain managers to be able to access a computer control room or a safe, for example. Keep track of all keys or consider another type of security system such as employee access cards or biometric measures.

A commercial security system can provide some basic protection like video surveillance or can be high-tech with motion-activated recording and biometric employee access control. Speaking with a fire safety consultant will help you understand the best security system that can meet your needs and your budget.

In addition to installing a commercial security system, make sure to keep your store and property clean and organized. It is easier to notice if something is missing or out of place when business owners keep track of their inventory. Retail stores may consider RFID tags on items like apparel that sound an alarm in the case of attempted theft. There are a number of things business owners can do to protect their employees and their property. Taking proactive measures to prevent theft is just good business practice and should always be a part of any business owner’s plan.

High Rise Security Systems, HRSS, is a leading commercial fire alarm and life safety system provider, offering custom fire protection and security systems to all types of businesses in and around Chicago. We offer decades of experience and vast expertise in meeting all code regulations for all business types, including hospitals, hotels, schools, small businesses, and large corporations. Contact us with any questions, and do not procrastinate on protecting your business with a commercial security system designed to meet your needs and your budget.

Share It!