How to keep your business safe from theft

No matter how honest and hardworking you are, there are still people out there who would gladly rob your business if it meant easy money. Taking preventative measures to keep your business safe is a small expense compared to what you risk losing in the event that you aren’t prepared.

There are a number of steps you can take to keep your business safe. Many of these measures are very easy to set up and can be afforded by even the smallest businesses, like using safe line defence. It’s not only a matter of keeping your stock and assets safe but also your employees.

Risk assessment

The first step in protecting your business from theft is to find out where your premises is most vulnerable. This will help you figure out which areas need the most attention. After all, there’s no use buying a bunch of security equipment and having your premises robbed the next night because you missed a vulnerable section.

Basic security measures

There are many affordable, widely available products on the market today for businesses that can greatly improve security. CCTV systems, for example, are not only an effective way of deterring and catching criminals who attempt to break in, but can also serve as a watchful eye over staff and anyone else who enters the premises.

If you’re facing a lawsuit for an accident that happened on-site, the recorded footage may just save you from some costly legal fees. Alarm systems coupled with a few warning signs are also not only effective, but highly affordable – especially if you consider the discount on your insurance premiums.

Train your staff

If professional security services are out of reach, it’s important that your staff knows what to do in the event of a robbery. Take some time to provide courses or informational sessions where they can learn important skills such as self defense and recognising suspicious behaviour, as well as who to call if something happens.

Preventing power supply theft and damage

This fairly common risk is often not considered by many business owners. But outside interference with your gas and electricity supply can pose a significant risk to your premises and those who work there. At stayenergysafe.co.uk, you can learn everything you need to know as a business owner about power supply safety and theft prevention.

This UK-based website also has an anonymous reporting tool that allows you to make a call or file a report if you spot energy theft. There’s also a great informational section where you can find out how your business can save money on electricity and gas expenses.

Digital crime

Even in the age of advanced antivirus and security systems, digital theft is still a very real risk. Be sure to equip your computers with the necessary software to prevent this and educate your staff on staying safe online. Take some time to frequently change passwords and keep data on external drives to decrease the risk of data loss.

Protecting your physical assets

You shouldn’t be expected to spend large amounts of money on advanced security systems for physical assets when the cost outweighs the risk of losing those assets. However, a few simple measures can go a long way in ensuring that your insurance provider can reimburse you in the event that assets are stolen.

For example, regular audits can help you keep stock of everything your business owns and can act as proof that something was stolen. Allocate responsibilities to each employee for particular sections or types of assets. If said assets don’t need to be transported or moved around, consider attaching them to walls or floors.

Preventing employee theft

While we would like to think that it isn’t possible, theft can come from inside the business as well. Before you even hire a potential employee, be sure to do all the necessary credit and background checks to ensure that the person you’re hiring is trustworthy.

Educate your employees on the consequences of theft and what they can do if they see suspicious behaviour. Avoid giving employees unnecessary levels of access to valuable assets through security codes and keys. Prepare yourself for any incidents that may arise and exercise the most suitable level of persecution.

Destroy sensitive data

When any confidential information – both digital and on paper – is no longer needed, avoid simply disposing of it. If it’s paper, be sure to shred it as criminals may otherwise be able to use the information contained in those documents against your business. Any other confidential paperwork should be kept in a safe location, or even off-site if possible.

There’s nothing better than having peace of mind knowing your business is safe from the dangers of the outside world. Your employees, partners, clients and wallet will thank you for it.