26
Apr
2021

How Business Security Systems Save You Money

April 26th, 2021
How Business Security Systems Save You Money

A security system for your business can definitely save you money but in ways that may not be obvious. In today’s article, we will look at some of the ways it can save you money in the long run.

Insurance

Insurance premiums are the most obvious cost savings because they can be significant. Sometimes insurers will offer a sizable discount for businesses that have a top-notch security system. The reasons for this are because a security system is almost always a deterrent for crime.

Theft

Businesses with security systems are less likely to have theft than businesses without them. Employees know if they are being filmed and are less likely to take things if they know they are on camera.

The business cost of theft is hard to quantify. Depending on deductibles, you may not make any claims at all and just suffer the loss. Even if you do make a claim, you are unlikely to recover 100 percent of the value of what was taken.

Staffing

A business security system can save money on staffing and salaries. Sophisticated security systems can lock and unlock doors, change thermostat settings, and have cameras set up to film strategic areas. Once a system is in place, it is likely that you can do with fewer or do without the same amount of staffing for nights and weekends.

And staffing always costs more than you think it does. There is not only salary, but benefits, insurance, Worker’s Compensation, and many other soft costs, again, not easily quantified.

Security systems are our business, and we cannot imagine a business operating without a state-of-the-art system. A security system should be part of your business plan because it makes good economic sense for any business. Why would anyone not want to protect their assets and employees and save money in the process?

Installteam is a third-generation, family-owned business based in the Greater Vancouver area. We specialize in full-service installation, repair, and support of security alarms and cameras (wireless, hardwired and hybrid), custom electronics (flat panel TV, complete home theatre, distributed audio/video systems), cabling (complete low voltage wiring), and intercom systems.

Web-based and cloud-based systems are our specialty. If you have any questions about this article, or would like to discuss security systems, please feel free to contact us at (778) 565-1022.



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