When implementing perimeter security measures, most companies focus first on protecting their physical assets. That’s fine, but don’t stop there.
While it’s true that your site, buildings, machinery and office equipment are critical to your ability to generate revenue, you should also develop your security plan – and choose a partner that provides robust and reliable perimeter security systems or solutions. Prior to selecting a security partner, we recommend keeping the following four areas in mind.
Your employees are the ‘engine’ of your business, utilizing your physical assets to make money for your company. That’s why many companies focus their mission, vision, and values around their people – not just their products or services.
According to the Society for Human Resource Management’s 2016 Human Capital Benchmarking Survey, the average cost-per-hire is around $4,129. You need a perimeter security system and solution that protects this investment by preventing crimes like personal property losses or, worse, physical harm from encountering criminals on your premises. Otherwise, frequent turnover can turn your business into a revolving door, driving up your recruiting and training costs, hampering your productivity and cutting into your bottom line.
Site and property-related commercial burglaries can also have long-term repercussions for your company’s image. For example, theft or damage to your equipment can lead to downtime, delay your ability to respond to customer needs and cost you revenue. If the equipment in question belongs to your customer, you could lose their business altogether. Additionally, if employees, customers or even commercial burglars are harmed while on your premises, your company could be subjected to unfavorable media coverage and damage to its good reputation.
3. Insurance Coverage
Insurance is a major expense for every company, and filing multiple claims for losses due to perimeter security issues will only increase your premiums. Insurers may also drop your coverage if they think you aren’t making enough of an effort to deter commercial burglaries. A lot of companies decide it’s less expensive to simply absorb losses that don’t exceed their policy’s deductible, instead of reporting them to their insurer. Others choose to self-insure, taking an even bigger hit by deducting their losses from their operating funds. A better solution? Save money by stopping losses that are related to perimeter security issues.
4. Daily Operations
Businesses like small equipment rental, vehicle repair shops, landscapers and auto dismantlers, to name just a few, frequently park or display their own or customers’ property outdoors during the day, then bring it inside at night to prevent commercial burglaries. This requires taking at least some employees away from revenue generating tasks to move equipment in at night and out again the next day. These work interruptions can cost a company upwards of $16,000 annually in wages lost to non-revenue generating tasks. Choosing the right perimeter security system or solution can eliminate the need to move valuable equipment twice a day, for significant savings.
Whether your company is implementing its first comprehensive perimeter security plan or is upgrading its current protection, AMAROK is here to serve as your dedicated security expert. Let us help you identify your risks and design a unique perimeter security system that considers all aspects of your business and protects ALL of your assets.
About the author: Katie Stevens has been AMAROK’s sales operations specialist since 2018. When she’s not reviewing sales forecasts, supporting AMAROK’s sales enablement platforms or writing business cases, you’ll find her reliving her college days as a star tennis player. You can connect with Katie on LinkedIn.