Small businesses are not exempt from crimes that take place on their premises. Some businesses, such as convenience stores, retail outlets and banks, are prime targets for theft, but any business can be the victim of illegal activity. Sporting events, festivals or any occasion where a large number of people gather are also subject to disorder and lawlessness, particularly when alcohol is present.
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Employing the services of a reputable, licensed security agency can help offset the potential for loss and ensure public safety. But how does a small business know when it should hire such a company? What signs point to the need for protection?
For the answers, Small Business Trends turned to Greg Kuhn, founder and CEO of Omega Protective Services, LLC, a full-service security firm based in Pennsylvania’s Lehigh Valley. In an interview with Small Business Trends, he shared the following 10 indicators based on his expertise gained from years in the security industry.
Why Hire a Security Guard
1. You Have Parking Lot Safety Concerns
Employees or customers may feel unsafe walking to their cars at night, particularly if the parking lot is not well lit.
Their concerns are justified, Kuhn says, as unattended parking lots can be a breeding ground for vandalism, theft and muggings. A security guard patrolling parking lots can ensure the safety of people and property.
2. Your Facilities are Located in a High Crime Area
Businesses located in high crime areas mandate the need for a security guard.
“‘High crime’ doesn’t necessarily mean a bad neighborhood,” Kuhn said. “It could also include a warehouse located in a sparsely-populated rural area, for instance. There is a potential for a higher number of break-ins in that case as well.”
3. You’re Experiencing Retail Theft and Shrinkage
National Retail Federation data revealed that retailers lost nearly $44 billion from theft in 2014, with 34 percent of that number coming from employees. As such, practically any retail setting would benefit from the presence of a security guard.
“A well-trained, licensed guard will take steps to limit liability and reduce shrinkage, saving the business money,” Kuhn said. “That’s a fact the small business owner shouldn’t miss when considering hiring a security company.”
4. You’re Concerned About Liability Issues
“If a business has experienced losses on their worker’s comp or general liability policies, the insurance company may require a correction action plan that includes a security company’s services,” Kuhn said. “Having such a plan in place can also lead to a break in premiums.”
