Why Should Start-Up Businesses Invest In Security Systems
“We are a start-up business. We are too small for burglars to notice.” This faux belief creates an imaginary security assurance for small-time entrepreneurs. Unfortunately, no businesses escape the radar of criminals, no matter how small or big the establishments are. That is why it is a smart move for the entrepreneur to invest in a security system in Singapore. Because sooner or later, your establishment will be the next target.
Common Security Challenges Start-up Businesses Face Today
Security has been a problem for physical outlets and retail stores. The advent of technology and online business platforms have increased the burden of a stringent security system in Singapore online and offline to entrepreneurs.
It is common to see tough security systems in larger businesses. You may notice the time attendance system in Singapore offices. The system helps eliminate “time theft” among employees. Meanwhile, supermarkets and supply warehouses use a biometric door access system to ensure that only the employees can enter the premises.
These security measures are not only limited to larger businesses. In reality, it is beneficial for start-ups and small businesses to invest in security solutions, such as a CCTV system and a door access system in Singapore. Mainly because start-ups and small businesses are not exempted from these security challenges.
Before, theft was only limited to physical items. In today’s technological age, theft has also evolved digitally. There are two main types of theft in commercial establishments and office buildings: physical and digital theft.
Physical theft can be carried out by outsiders (criminals and customers) and employees.
Shoplifting is one of the most common theft cases in outlet stores. There are several steps to prevent shoplifting. Outlet stores install CCTV cameras inside the shop, a biometric door access system in the stock room, diverging mirrors to eliminate blind spots and alarm tags on the items.
On the other hand, employee theft is common in offices, where staff take office supplies home without permission.
Meanwhile, time theft is one of the slickest types of employee fraud that usually goes unnoticed. Time theft occurs when an employee gets paid for the work hour they didn’t spend on office tasks. Many offices use a time attendance system in Singapore to prevent time theft.
Digital theft includes cyberattacks, such as data breaches and phishing scams that both victimise customers and retailers. Businesses hire online security system solutions providers in Singapore to prevent cyberattacks.
A simple misunderstanding between customers and fellow customers or staff could quickly escalate into scandalous and even violent altercations. Altercations also occur in workspaces.
These physical altercations pose a threat to the staff and customers. There are several ways to prevent fights. Training your staff and security team to deal with disputes and neutralise the people involved could abate tense situations. A security system in Singapore, such as CCTVs, could help with the investigation.
Property Damage and Vandalism
Property damage and vandalism destroy the integrity of the store itself. Store facade vandalism, smashing glass doors and windows, busting lights, and even sabotaging outdoor CCTV are among the few examples of property damage and vandalism. Sometimes it could be a bonus to establishment break-ins.
A security system in Singapore, such as alarms and real-time CCTV monitoring, prevent property damage and vandalism.
Unauthorised entries are hard to spot and monitor in larger operations. For example, in an office building that houses hundreds of staff, it is hard to spot which one is a legitimate employee and which one is not. Offices and warehouses prevent unauthorised entries to restricted premises by installing a biometric door access system. This door access system in Singapore only provides admissions to people who registered their biometrics, such as fingerprints, to the system.
In reality, everyone faces the same security challenges. It all boils down to the intensity and capability of your chosen security system in Singapore.
Why Business Security System Is A Good Investment
Larger brands and businesses invest a big chunk of money in the physical and cybersecurity of their establishment. It is because thousands of dollars are also lost from theft and fraud annually due to compromised security. Searching for a security solutions provider is not enough. One must find the best security system solutions in Singapore. At the end of the day, entrepreneurs want to put their money on things that would bring a great return on investments.
It Deters and Prevents Criminals
CCTV, electronic article surveillance, biometric door access system, and other security systems in Singapore deter and even prevent outside criminals from targeting your establishment and offices.
Besides deterring, footage from CCTVs and even the alarms help with the investigation and catch the criminals.
It Deters and Prevents Employee Fraud
Similarly, CCTV and a time attendance system in Singapore help catch employees falsifying their attendance sheets and staff trying to take home office supplies. At the same time, CCTV footage can also solve workspace disputes.
It Protects Assets
From the displayed merchandise to the office equipment, the security system in Singapore prevents business theft and property damages. Firstly, only authorised people can only enter the warehouse or stockroom using the biometric door access system. At the same time, alarms can notify the authorities of break-ins and even property damages.
It Ensures Safety Of The Staff And Customers
Besides protecting business assets, the security system in Singapore also ensures the safety of the staff and clients. It becomes more valuable in establishments that operate on graveyard shifts, such as 24-hour convenience stores. There are security alarms that notify the closest police station for the response.
It Is Cost-Effective
Thousands of dollars are lost annually in a business due to theft, employee fraud, and property damage. There are cases where entrepreneurs also have to shoulder the medical expenses of their injured staff after responding to an altercation.
These costs can be reduced when you have a reliable security system in Singapore.
Never belittle the importance of security in small and start-up businesses. At the end of the day, everyone can be a victim of security threats.
Don’t be a victim. Protect your business, staff, and customers with the best security system in Singapore.
Valsys Technologies is committed to equipping your business with the best security system in Singapore. Visit Valsys Technologies today.