Why you shouldn't cut costs when it comes to security for your SME
Setting up and running a business is costly, and many business owners struggle for the first few years before their companies become profitable. Many look to minimise overheads to give their business the best chance of success, or choose to take a gamble when it comes to securing their business against burglary, theft or fire. However SME owners should never cut costs when it comes to securing their businesses for a number of reasons.
Ignoring security can jeopardise your business:
Every SME owner should spend time to understand their legal obligations and the impact a fire, burglary or theft could have on their business. SMEs have a legal responsibility to ensure the safety of staff. You could find you aren't covered by insurance, pay higher premiums, or face prosecution – leading to fines and potential imprisonment. Having good security systems is a deterrent and reduces the likelihood of criminal activity and related costs, whether it's a burglary, or theft from staff or suppliers. Having security systems will increase professionalism in your workforce, it communicates that you care about your business and your employees, that you follow regulations, and that your corporate reputation is important to you. By ignoring security you could jeopardise your business and your future. This is an area where you should never seek to cut costs.
What security measures should your SME have?
There are a number of security measures SME owners and managers should investigate including:
- Intruder alarms
- Fire alarms
- CCTV
These will protect your premises, equipment, staff and visitors; you won't risk losing expensive equipment or face the disruption a fire or theft brings. Experts can advise the best systems for your SME, provide training as well as maintenance. Security measures range from wired and ultra-secure wireless systems, panic buttons, motion sensors and CCTV – including high definition night time recording systems. These can be linked to an alarm receiving centre for additional peace of mind, and CCTV footage can help you build a case if required to support a criminal prosecution.
Regular maintenance and servicing
It’s not enough to install security intruder and fire alarms, owners of SMEs need to ensure that they comply with regulations and regularly test and maintain them. Specialist companies can give guidance, or offer full service and support packages.
If you’d like advice on how BWS Standfast can help your SME, please get in touch with a member of our team. We provide security services for Bristol businesses and those working throughout the south west that can help protect your company and assets.
