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5 Common Crimes Small Businesses Can’t Afford to be Victims of

Installing a security system with cameras for your small business does a lot more than keep you safe from crime. Practical video security can save you money by preventing crimes from happening, or at the very least mitigate their fiscal damage when they do happen.

Common crimes cost small businesses a lot of money every year. Below are five common crimes you can’t afford to become a victim of now or ever.

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Vandalism

According to the U.S. Small Business Administration, a single incident of vandalism costs $3,370 on average. It costs money to replace or repair damaged property or equipment. If a business has to stop producing or conducting a service due to vandalized equipment or property, the down time can cost a business even more money when operations need to be placed on hold.

Dissuade potential vandals who don’t want to be caught in the act by installing a video security system. You won’t have to worry about replacing or repairing what they were interested in destroying because they didn’t get the chance to.

Burglary

Burglary accounted for 20 percent of all small business-related insurance claims in 2015, according to the Insurance Journal. The average claim was for around $8,000. For a small business, $8,000 can be as much as two or three lease payments, which is a lot of money.

Thieves will try to break into your business in the middle of the night or when they think you’re away for an extended period. But when you install security cameras like the ones Blink offers, you can view live security footage from your mobile device, no matter what time of day it is and no matter where you are. You’ll also have the ability to contact the authorities to handle the burglary while it’s happening.

Robbery

Robbery increased by 1.2 percent nationwide in 2016, as stated in reports released recently by the FBI. Being a victim of a robbery can be life threatening for a small business owner if the robber is armed, and can cost him or her a lot of money if the robber ends up stealing large amounts of cash or valuable merchandise.

Potential robbers are less likely to act if they see a video camera on your premises because they don’t want to be recorded. And if the robber is recorded, you’re able to use the footage as evidence to get your money or merchandise returned.  

Shoplifting

Shoplifting costs small businesses thousands of dollars each year. Last year specifically, there was an increase in the average amount of inventory that went missing for retailers.

Prevent shoplifters from leaving your store with merchandise by catching them in the act on video. You’ll save money each time you don’t have to replace inventory that goes missing.

Employee Theft

A new study by Hiscox, a global specialist insurer, found that small and midsize businesses in the U.S. lost a median of $289,864 last year due to employee theft. Stop your employees from stealing by letting them know you have security cameras on the premises.

Your business’s security and bottom line is at risk every day. Blink’s security cameras can help mitigate risks. They are completely wireless, battery operated, easy to install, very affordable, and require no contract whatsoever. Don’t wait until you lose money to act. Buy your Blink security cameras now.