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Larger companies know the importance of retail store security today. Typically, these companies implement uniform, comprehensive policies for each of its locations. This ensures that each store is held to the same standards; each store is protected in an efficient manner. For smaller businesses, though, many owners fail to adequately protect their locations. Not all business owners see the importance of effective security measures. Others don’t believe the cost outweighs the benefit.

 

All Retailers Deal with Shrinkage and Lots of It

In retail stores, shrinkage, the loss of inventory, is a rampant problem. The smallest and largest companies face this issue daily. Everyone from employees to customers and suppliers can steal from a given retail location. Unfortunately, shrinkage often goes unidentified until weeks later, especially when security measures aren’t present. Cumulative losses due to shrinkage in the retail industry amounts to billions of dollars each year. No business owner should want to join that unfortunate statistic.

 

Business Owners Need to Be Proactive with Security

Due to state and federal laws, businesses are required to feature a fire alarm. However, businesses aren’t bound by law to implement most other security features. Business owners need to personally handle security cameras, locking gates, and even an anti-theft tag system. Researching all of these solutions requires time and effort that some people aren’t willing to carry out. Within a short period of time, such a mistake can prove dire and costly to say the least.

 

 

IP-surveillance-cameras-infographic

 

 

 

What security features are worth installing and implementing?

Certain security features simply make sense for a retail location. For instance, camera surveillance systems are a necessity. Cameras deter criminals and help catch them after the fact for possible restitution and prosecution. A storefront should feature a security gate to keep the store locked down after business hours. For stores that sell clothing, security tags are an important feature. All of these solutions and others are designed to protect a business from financial losses.

 

Don’t Let Your Business Be Victimized by Thieves

Without a doubt, business owners should seek to protect their businesses at all costs. Security features aren’t too expensive, and a few hundred dollars can protect a location from thousands of dollars in losses. Nothing is worse than discovering a large theft or walking into a business that was broken into overnight. Therefore, an owner needs to take action and implement security features that make sense for their particular location. Such an investment pays dividends for the years to come.

 

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