The ROI of Investing in Anti-Theft Devices for Your Small Business

When you’re running a small business, every investment you make has to be carefully evaluated for its return on investment. Sometimes, upfront costs can leave you second-guessing, but when it comes to protecting your assets, the benefits of anti-theft devices far outweigh their initial expense. They not only protect your physical assets but also safeguard your financial stability––something especially important for small business owners who invested their personal savings to fund their ventures.

Prevention of Theft and Losses

Retail anti theft devices primarily work by preventing losses from shoplifting, break-ins and even employee theft. When you’re a business that sells physical products, devices like RF tags or stickers and security gates, for example, protect your inventory by alerting you to a potential theft. But ultimately, they act as a deterrent. The same can be said for security cameras. Though you can monitor customers and staff with AI-based security software to prevent theft, visible security cameras also work by deterring thieves and result in a 60- to 80-percent reduction in theft.

Reduction in Insurance Premiums

If you work with an insurance company that offers discounts to businesses that implement security systems, anti-theft measures pay for themselves in two ways. You’ll not only prevent financial loss through theft but also reduce your insurance premiums and contribute directly to your bottom line. You might not see the immediate savings, but over time, they can be substantial.

Enhanced Peace of Mind

Starting and running a small business requires immense time and effort. Owners frequently work long hours, sacrificing personal time and leisure activities to ensure the business’s success. At the end of the day, taking advantage of anti-theft measures means one less thing to stress about and allows you to focus on core business operations.

Make an Informed Decision

Investing in your small business means doing the things now that will benefit you later. In the long term, the potential savings through reduced theft, lower insurance premiums and enhanced peace of mind make anti-theft devices an investment worth considering.

Adam Hansen
 

Adam is a part time journalist, entrepreneur, investor and father.