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Klamath Insurance Center, Inc Blog

Guidelines to Prevent Theft in Your Business

4/13/2019

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​No matter the size of your company, theft can cause serious damage and loss of assets. Your vulnerability to crime depends on the size, location, and nature of your business. Preventing theft by installing security systems does protect not only your business but also the safety of your employees. You need protection from the threats that may come from different sides. 
​Protecting Your Place of Business
You need to safeguard yourself from threats from the outside, like burglary or theft. What you will need is a strong and reliable security, like:
  • Reliable Doors and Locks
    The first thing that is keeping out criminals from getting in is your doors. Make sure that your doors have deadbolts and steel frames.

  • Strong Lighting
    Thieves will think twice about hitting your place of business if it is brightly lit. Have them installed near the place of entry and windows. It discourages intruders from picking your lock or forcing their way into your building or office.

  • Security and Alarm System
    If you need additional protection on your commercial property, get yourself security systems. Prevent break-ins by reinforcing your windows and doors. Security cameras will help you monitor activity 24 hours a day. It also helps if you hire private security for safety.

Preventing Employee Theft
Insider crimes can cause as much damage to your business. You need protection from employee theft, counterfeiting, embezzlement, and fraud. There are a few precautions you can establish to your business to discourage dishonest employees from committing transgressions. 
  • Extensive Accounting Control
    Put into place accounting measures to ensure that your financial statements are valid and accurate. It should include regular audits.
  • Theft Reporting Procedures
    You need to apply a policy that helps and encourages employees to report crime perpetrated by co-workers. They need to know that by doing so, they are safe from exposure or reprisal.
  • Employee Reward System
    If you have a good reward system established for loyal, trustworthy, and hard-working employees, it encourages good behavior. The company values and how you treat your employees will reflect on their ethics and performance.

Don’t let the crippling loss or damage caused by theft from affecting your operations and get business insurance right away.

At Klamath Insurance Center, Inc​., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (541) 882-5555. Get your free quote today by CLICKING HERE.
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(541) 882-5555
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