Cutting Down Theft is Good for Your Bottom Line Date Published: February 6th, 2022 Categories: Blog No matter what product your company sells or provides, your products or materials are at the core of the business. These are what bring in revenue and they’re essential to keeping your business thriving. So, if your product is walking out the door as a result of theft, your business is in trouble. For example, construction companies have a lot of valuables on site, whether it’s at a warehouse or a construction site. Products like wood are costly, and your business could take a real hit if these expensive products are being lost as a result of theft. That’s why no matter what you sell, cutting down on theft is always good for your bottom line. The Risk of TheftHomes, businesses, warehouses and any other properties are all at a risk for theft. While some may be higher-risk than others, it’s important that as a business owner you’re aware of the risk of theft and know how to prevent it. Theft can have either a direct or indirect effect on profit, but either way the effect is negative. If your business is experiencing theft, you could be losing out on a lot of money. Whether it’s internal theft or external theft, it usually comes as a result of a lack of security. One industry that is at a high-risk for both external or internal theft is the construction industry. Whether you own a construction site or a warehouse with construction materials or equipment, the high value of the product puts you at risk for theft. This is because thieves tend to target products with a higher monetary value. That’s why it’s so important to protect your valuable products.Believe it or not, construction theft is a big industry. According to the National Equipment Register’s report, the cost of construction equipment theft is approximately $400 million. This is a lot of loss. If you want to avoid losing out on money, it’s essential that your warehouse or site stays protected and secured. The bottom line is, cutting down on theft is good for a lot of reasons. It protects your revenue, employee safety and overall protects your business. Learn how to protect and secure your business so that you can cut down on theft. Security for Preventing TheftProduct loss can happen if your business is at high risk for theft. One of the main factors that will increase your business property’s chance of theft is a lack of security. Good security is essential for cutting down on theft. Construction site security is especially important. Construction security will not only prevent theft, but also help prevent vandalism and any other threats. In general, having the right security plan in place is a good idea for any and all businesses, warehouses, etc. Making sure you have armed or unarmed security guards on your property will greatly reduce the risk of theft. This is because the security guards will be there to prevent and deescalate any possible threats. Does Your Company Have the Right Security to Prevent Theft?If you’re concerned about theft then you need a personalized security plan. Our team of experts at JS Security Consulting provide consultations so that we can provide the security that suits your business’ needs. Every security plan is different and we’re here to personalize a security plan to fit your business. With over 100 years of combined experience, you can trust that you’re getting the best security for your business. Our knowledgeable experts consist of former law enforcement and military personnel who will walk with you through a security plan so you can rest assured that your business and its products are protected. All of our security guards have received the highest-quality training in addition to their experience. The experience that our team of security guards offers is expertise that you won’t find anywhere else. If you’re ready to take the first step in protecting your business, construction site or warehouse from theft, reach out to our experts for a consultation. Contact us today so you can rest easy knowing your business is safe.