You’re maybe trying to branch out of your venture or just taking an extended vacation. Whatever your reason is, there’s one thing you have to make sure of before leaving your business place. Protection of your business assets should be your priority.
It’s easy to protect your business if you’re there to do the monitoring. You can be hands-on with inventory or get yourself involved in data management. However, if circumstances require you to leave the business place for a while, it will be a challenge.
On the other hand, protecting your business assets is easy to execute if you know what to do. Here are some tips to get you started on protecting your business assets.
Install Security Cameras
You can achieve peace of mind while you’re away if you install surveillance cameras in your business place. If you’re doubtful about its efficiency, you may want to take a second look. According to statistics, the surveillance market is projected to grow bigger in the coming years. This only proves that surveillance systems are one of the most effective ways for business owners to protect their tangible business assets.
If you’re worried about spending much on a security system, you need to think it out again. Being able to see what’s going on inside your business place is just perfect. That’s true, especially if you need to go away for an extended period. There are surveillance services that allow you to monitor your business place remotely. These services can even watch your business place for you and notify you of unusual activities. Imagine how much you’re going to save by preventing the theft of your business assets. It’ll be a more practical choice rather than not spending on surveillance systems.
If you have moving assets, such as vehicles, you may want to monitor their movements. That’s important, especially if you’re going to be away frequently. For example, you can employ InTouch GPS fleet tracking solutions if you’re renting out cars. This is to make sure that renters are not abusing vehicle use. You should be able to know if they’re taking away your vehicle.
Another example is jewelry. Your business may require you to let an agent travel with jewelry to show a client. There are trackers that you can install into these pieces of jewelry, too. The most viable ones are trackers that are powered by RF transmitters.
These are just a few examples of how you can monitor moving business assets.
Work With Reliable IT Services
Data breaches are very rampant because hacking nowadays is becoming more sophisticated. You also have to remember that your data is one of your business’s most prized possessions. Losing some of them would significantly affect your revenue. Not to mention how it would affect clients’ perception of your business practices. The worse thing is that if your clients’ data gets leaked. That’s going to affect your business’s reputation.
What you can do is invest in the most reliable IT services. Ensure the tightest security by employing the most refined computer systems and software. You’ll need this to reduce the risk of cyberattacks that can potentially cause damage to your business.
Hire Trustworthy People
The fact that you’re going to leave your business at the hands of your employees should worry you a bit. To combat the anxiety it can cause, you might want to start first with hiring trustworthy people. According to a study, in case you don’t know, 90% of theft losses come from employees. The number is alarming cause it says that no business is a hundred percent safe from employee fraud.
That’s why you have to start with employing people with a clean background. Work with dependable recruitment services for this. They know the best ways to screen applicants properly. They also have comprehensive background checks. This is to ensure that they’re only hiring people with clean records. Leaving your business to your employees while you’re away would be easier if they had already earned your trust.
Have Them Insured
Any business is prone to assets loss. Getting them insured could be one of the best ways to get them back immediately. It’s good in cases you’d immediately need to get the business rolling after losing some of your assets.
There’s a lot of business asset insurance. You may want to check what best suits your business pursuit. Review policies with insurance agents. This way, you’ll have foolproof protection for your business assets. In cases of unfortunate circumstances, you’d be able to resume your business operations quickly.
You won’t be able to monitor your business assets all day and all night. But the good thing is there are several measures to reduce the risk of having to deal with asset loss.