When you’re planning your 2022 budget, security is an important line item to consider, but with careful planning, it doesn’t have to be a big one. While skimping on security is never wise – it can end up costing more in the long run –a thoughtful approach to your security plan can ensure your business and people are protected without a dime going to waste.
Review Your Current Security
Does your equipment need to be replaced or updated? Have your needs changed? Many companies are now hybrid or remote-first workplaces. If this is the case with your business, you should definitely reevaluate your security needs. Do you need less security because there are fewer people to protect, or is your partially vacant property now more vulnerable? It might make sense to reduce the number of onsite officers and shift spending to remote guarding. It’s likely to result in savings. Upgrading to motion-activated or infrared cameras is likely to be a worthwhile investment.
Request an Insurance Audit
If you haven’t spoken to an insurance provider about your needs recently, now may be the perfect time. They can tell you where you stand from a risk perspective and what you can change to reduce your insurance costs or improve your coverage. Don’t focus all your attention on lowering your premiums; inadequate coverage can cost you in the long run. Don’t be surprised if your provider suggests adding security cameras, particularly with remote monitoring and/or video saved and stored in the cloud. They can help protect you from lawsuits or fraudulent workers’ comp claims by providing video evidence that is much more powerful than word of mouth.
Evaluate Theft Risk
What are your greatest vulnerabilities? Do you produce, distribute, or sell an expensive and easy-to-resell product that is stored at your location? Additional onsite or remote officers may be a wise choice. Is information/data your most valuable asset? Double-down on cyber security to keep it fully protected. Is your business located in a remote or high-crime area? Virtual security monitoring can keep your entire property protected without putting in-person security officers at unnecessary risk.
Contact BOS Security
Want to learn more about how you can save on security services in 2022? Contact BOS Security today to learn more about cost-effective options such as BOS Security’s VirtuGuard™ remote guarding service.