Whether you have a small “mom and pop” store or a large wearhouse, security cameras provide peace of mind. Most small business owners, familiar with fire and burglary systems, might be curious about the benefits and cost of a surveillance camera system. While they differ in complexity and cost, there is a range of security cameras to fit most budgets and needs. As a business owner, you might prefer to hire a professional to install and monitor your security camera system. However less expensive, do-it-yourself options are also available.
Burglary, robbery and vandalism are obvious reasons business owners have security cameras installed. But there are other crimes you may not have thought of that directly impact your bottom line.
Security cameras are the best way to prevent theft
Theft, whether it be from shoplifters, burglars or employees, can wreak havoc with your bottom line. Shoplifting, the most prevalent crime across the country, costs business owners approximately $13 billion a year, according to the National Association for Shoplifting Prevention. Even more disturbing, as many as one in 11 people in the U.S. shoplift, according to NASP statistics. Security cameras discourage shoplifters. Placed appropriately, they can also provide video evidence of a shoplifter in action. This makes it easier for law enforcement authorities to build a case for prosecution.
It’s not just outsiders who steal from business owners. U.S. businesses lose approximately $40 billion a year because of theft by employees, according to the U.S. Chamber of Commerce. The typical business loses 5 percent of its revenue to employee theft or fraud, with smaller businesses being hit harder. Approximately 40 percent of thefts by employees involve money, with the average amount stolen $20,000, according to the U.S.Chamber. www.uschamberfoundation.org. Also alarming is that it takes an average of two years for a business owner to uncover employee theft. The U.S. Chamber recommends security cameras as one way to protect your business from employee theft. Employees are less likely to steal if they know they are being watched. Limiting access to surveillance codes and placing cameras where money is kept is also recommended.
Slip and fall fraud
We’ve all heard about the “slip and fall” incidents that bedevil commercial establishments of all sizes. Fraudsters know businesses carry liability insurance. If someone is looking for an easy payout, why not defraud a business with deep pockets? Who’s it going to hurt? The National Safety Council estimates that these accidents cost businesses approximately $70 billion a year. Security cameras are invaluable in protecting a business owner from phony fraud. While many of these cases are actual accidents, some are scams. Video footage of scam artists staging accidents has helped many prosecutors put these criminals behind bars. You may also get a discount on your insurance if you have security cameras installed.
Protect your business assets with a camera security system
Take the next step in helping your business grow while protecting your customers and employees. Delco Alarm Systems installs a wide range of surveillance systems, all offering the industry’s leading technology. We offer dome cameras, which have a 360-degree rotation, low light cameras, which provide a clearer picture for night recording, high-resolution cameras, which offer greater detail and the new HD cameras. Call the professionals at Delco Alarm Systems at (610) 494-9100 to schedule a free consultation and estimate.