The Effects of Crime on Small Businesses


Most people are aware of the rise in crime happening all over the world, but many do not understand how this increased level of crime affects small businesses. Today, most businesses are considered SMEs – small- or medium-sized enterprises – and all of them are vulnerable to the effects of crime. Most of this involves criminals who try to break into a facility and steal, and unfortunately many of them are successful at this. One recent study in the UK showed that approximately 50 percent of SMEs have been the victim of a crime, costing owners more than £25 million. In fact, businesses altogether lose roughly 151 trading days a year because of repeat offences.

There are things businesses can do to deter crime on their property, including the use of an excellent and reliable security system. These systems are extremely effective in reducing the amount of crime at a commercial entity, and there are numerous companies that offer excellent systems for businesses of all sizes and types.

The Importance of a High-Quality Security System

For anyone who doubts that crime is now affecting many small businesses, here are some statistics to consider:

  • Over their lifetime, roughly 20 percent of business owners will be targeted 20 times by criminals
  • Approximately 75 percent of small businesses have no plan in place to avert the threat of commercial crime
  • Of companies that have experienced crime, over 40 percent of them experience an actual loss of income
  • Nearly 70 percent of business owners who have been the victim of a crime experience some type of emotional stress afterwards

Although these statistics are frightening, companies like Big Brother offer a wide range of products to reduce the chances that you will be the victim of a crime. Like systems for residences, these tools offer a variety of protection items that greatly reduce the chances of becoming a crime victim.

Types of Security Systems for Businesses

Much like personal security systems, those for businesses include many different products that, when used together, will greatly reduce the chances that your business will be attacked by some type of criminal. Although no system can guarantee that crime will never occur in or around your business, security systems greatly increase the odds that crime such as theft will never happen to you.

Security systems offer many different tools to secure your business, including a throughout-the-facility system with 24/7 monitoring of your business, closed caption television systems (CCTVs), remote viewing capabilities that allow you to see what is going on around the facility itself, intruder and fire alarms, and the option of leasing a system instead of purchasing it. The latter is especially convenient for businesses because of the number of times that they move from one location to another.

Best of all, prices for security systems are extremely reasonable, with both equipment and monthly monitoring prices being very low. Businesses can lose a lot of money being the victim of a crime even once, so when you compare the cost of just one year of monitoring fees to the amount you could lose in one break-in, it is obvious that choosing a security system is both practically and financially a smart option.

Comments are closed.