The real cost of Business Security

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Crime against businesses is a serious issue with figures showing the typical burglary costs a business an average of £3,986. This may be too much for a small to medium sized business to handle, potentially putting the livelihoods of the owners and employees at risk.

The cost of upgrading your security in the first place doesn’t seem so bad, especially as 12% of businesses experience burglary every single year. Some of which can no doubt be prevented if security was upgraded. Yet many businesses are hesitant to do so due to the costs being perceived as too high.

By taking the time to upgrade your security you set yourself up for large return on investment. This ROI comes two fold by reducing the cost of a break-in/burglary and by giving your business and its staff the confidence to operate without fear of an altercation.

Statistics

On top of this, the cost of repairing shop fixtures and the loss of business could cause costs to soar even higher.

The statistics are truly shocking;-

  • In 2011, there were 9.2 million crimes committed against businesses
  • 12% of businesses experience burglary every year with an average cost of £3,986 per incident
  • Police clearance rates for burglary are typically only 10% meaning that only 1 in 10 crimes result in a charge being upheld
  • Typically only 3% of property is recovered after burglary
  • 44% of businesses have never sought advice to reduce crime

No one ever expects a break in and the majority of time, prevention is better than cure. By spending a little improving your security you could save yourself a lot in the event of an attempted break in.

To find out more, and see how Abloy can address your business security needs contact marketing@abloy.co.uk