The ROI of Security Systems for Businesses

Unlike most investments your business makes, the decision to invest in a security system isn’t made with the end goal of financial gain. Instead, the decision is made to prevent financial loss. This makes calculating your return on investment (ROI) an almost impossible task.

In this article, we’ll discuss the benefits of security systems for business, and how it can save you thousands in the long run.

The cost of installing security systems for businesses

Of course, the cost of installing a security system for your business can vary greatly, depending on a number of factors. These include:

• The size of your building/complex: Larger buildings will need more equipment to make sure that all angles and blind spots are covered. Compared to domestic properties, businesses often need upwards of five times the number of CCTV cameras, for example.

• Type of business: If you sell stock directly out of your business’ building, you will need to make sure it is thoroughly protected. This includes setting up equipment around the shop and in stock rooms/warehouses. If your business building consists of an office block, you’ll likely require less equipment.

• Installation complexity: Different buildings pose different installation challenges, especially if you want a completely wired system. The more challenging the installation, the more it will cost.

It is expected that most businesses will pay upwards of £2000 to install a security system. This cost can rise depending on the factors listed above, and the level of security you opt for. A lot of businesses will want access to round-the-clock monitoring, just to be extra safe.

How security systems for businesses justify the cost

The upfront cost of installing a business security system may feel steep, but when you consider its benefits, it will be money well spent. Having a visible security system offers a whole range of financial benefits, from acting as a deterrent to alerting security companies of break-ins.

Keeping stock safe

Inventory thefts can prove fatal for businesses, as they immediately shut off income and cost a fortune to replace. Having a visible security system constantly watching over your stock will drastically reduce the likelihood of such an event occurring.

Security systems act as an excellent deterrent against thieves, whether they’re petty shoplifters, or targeting a high-level warehouse raid. If your CCTV cameras and alarm systems are clearly visible, a burglar is a lot less likely to chance their arm.

The system will be even more effective if you opt for 24/7 monitoring. This way, if your business is broken into, the response can be rapid, no matter the time of day.

Freeing up staff

Having a security system providing 24/7 monitoring removes the need to have multiple security staff manning the complex. This will allow you to redelegate the staff to perform more worthwhile tasks. If you employ security staff from an agency, you’ll be able to cut costs in this area.

A well-maintained security system will work more efficiently than a physical security team, as you’ll be able to see every inch of the building simultaneously. With a premium security system, the risk of human error is removed.

Plus, you’ll be able to record any potential evidence in high definition, which is more concrete than a human’s retelling of events.

Lowering insurance premiums

By proving that you’re taking necessary steps to improve your business’ security measures, you’ll be able to negotiate a better insurance premium. Having a security system will lower your business’s perceived risk to insurance companies, as you’ll be less vulnerable to break-ins.

This will further chip away at the original cost of purchasing and installing the security equipment.

Passive benefits of security systems

The benefits of having a security system for your business go further than just the prevention of financial loss. There are also passive benefits that will make the investment feel truly worthwhile.

Staff safety

If you’re the owner of a business, the safety of your staff during working hours is ultimately your responsibility. A security system won’t just act as a deterrent for burglars and petty thieves, but also those with negative intentions in general.

Being aware that the building is protected will also have a positive impact on the morale of your staff. It will help them feel safe while at work, allowing them to focus on their tasks in hand.

Peace of mind

As a business owner, there’s already enough on your mind without worrying about the security of your livelihood. Knowing that you have an alarm and CCTV system, which will deter and alert the presence of burglars, will help you rest a little easier at night.

If the security of your building is taken care of, you’ll be able to focus your mind onto other aspects of your business.

Professionalism

Having high-quality security equipment around the interior and exterior of your building will add an air of professionalism to your business. It will make you look like a company that takes the safety of staff, customers, and stock seriously.

Will a security system pay for itself?

While it won’t directly bring in funds the way that some investments will, a security system will ultimately end up paying for itself.

Start by calculating the value of your business’s inventory and then adding the money it would cost to replace it. As security systems are highly effective deterrents, the chances of having large chunks of your inventory stolen will decrease dramatically.

Then you have the added safety blanket the security system will offer you, your staff, and your customers. On the whole, the physical and mental benefits offered by security systems will far outweigh the initial price and subsequent low maintenance costs.

Secure your business with Incognito Systems

The years of hard work you’ve put into building your business is well worth protecting. At Incognito Systems, we have years of experience in helping businesses across the Northamptonshire area secure the safety of their staff and inventory.

We specialise in providing bespoke security systems, using our expertise to create the ideal system for your business’ needs.

So, don’t hesitate. Contact Incognito Systems today to arrange a free, no-obligation quote.