Determining a Cost-Effective Business Security Plan

Thursday, October 25, 2018 by under Asset Protection, Monitoring, Property Management

Determining a Cost-Effective Business Security Plan

As a business owner, the responsibility of workplace safety falls on your shoulders. Whether it’s installing a surveillance system or implementing access control technology, it’s your job to secure your business, customers and employees.

But, what if you’re on a budget and can’t afford the latest and greatest next-level business security system?

Don’t worry—we’re here to help.

We understand that security varies from business to business. That’s why we’re giving you the steps you need to determine a cost-effective security plan.

Take Inventory of Current Security Equipment

The first step is to take inventory of your current security plan. Evaluate your current security equipment and features. To do this, assess all of your security equipment. This can include:

Document all security equipment and systems in a list to help keep everything organized and ensure nothing was missed.

Determine Your Business’ Threats

Now it’s time to cut the dead weight. What equipment and features do you need? What can you live without?

Prioritize your main business security concerns. For example, if your business operates mostly online, then cyber security should be a top priority. If your main concern is employee safety, then security equipment like locks, lights, alarms and panic buttons should stay on your list of equipment to keep.

Most businesses are going to have a mix of both cyber and physical security needs, so consider your main concern and prioritize from there.

Develop a Business Security Plan

Now that you’ve taken inventory of your equipment and determined your top priorities, it’s time to develop a business security plan that fits your budget. To do this:

  • Start with the basics. Install all security equipment properly throughout your business. Proper installation helps prevent your equipment from malfunctioning. When equipment breaks, you either have to spend more money for maintenance, or buy a whole new device. Work with a professional to maximize your resources.
  • Call a meeting with your staff to discuss security changes and emergency plans. Explain the importance of business security and go over the details of your plan. Business security is most effective when everyone is working together and is on the same page.
  • Conduct regular security reviews. Check all your equipment and practice emergency plans. Reviews allow you to identify areas of improvement so you can get the most out of your plan. For example, if after a few reviews you notice a door sensor is on a door that hasn’t been opened since it was first installed, consider moving it to a more active area where it might be more useful.

Security is essential for businesses of all sizes. Follow the advice above to get the most out of your current system and always consult with a trusted security vendor for a plan that fits your business needs.

How do you determining a cost-effective business security plan? Share in the comments below.

The content herein is provided for informational purposes only, "AS IS" and without any representation, warranty or condition as to its accuracy or reliability. The content herein is not intended to modify, and does not modify, the terms and conditions of any agreement between you, including the company or entity you represent (“You”), and Vector Security, Inc. and/or its affiliates (collectively, “Vector”), or to create any legal obligation of Vector to You with respect to content or otherwise.

 

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