3 Ways You Should Be Protecting Your Business

Starting and running a small business can be a hard and strenuous job, but when it finally takes off, all of your hard work will be worth it. Unfortunately, things can happen that can put you and your small business at risk. In order to protect your business from various threats, you should have plans in place to combat them.

Establish an Emergency Fund

You always hear about how you should have an emergency fund to pay for unexpected bills. The same premise should be applied to your small business. There are going to be times when a piece of equipment breaks, product goes bad or isn’t able to be sold, or something needs to be repaired. By putting money aside every so often into an emergency fund, you’ll be able to pay for things like this without having to take out a loan or line of credit with high interest rates.

Utilize Social Media to Protect Your Reputation

Social media is a huge part of businesses because it gives every single person a voice and an outlet for them to be heard. When customers go on social media websites they have the ability to write about whatever they want. When people leave negative reviews about your business, it’s up to you to respond to them in a timely and polite manner so you can try to rectify the situation. Doing so might change the mind of the customer who left the review while also showing others you are a responsible and caring business that owns up to its mistakes. Reputation management is key!

Install CCTV Security Cameras

Just because you spend more than half of your day inside of your small business doesn’t mean you’ll be able to see everything. Theft can occur within seconds and if you don’t see it with your own two eyes, you won’t be able to legally stop them and prove they stole anything. However, with the addition of CCTV security cameras, you’ll be able to have the evidence you need to stop theft from occurring (both shoplifting and internal theft). You will also have video evidence that can prevent you from being held liable for incidents that occur, whether they are falls, harassment, or physical altercations.

There are hundreds (even thousand) of threats to your small business, so it’s up to you to try and have a plan in place for the big ones that can really hurt you. If you’re considering installing CCTV security cameras in your business, contact Reliable Voice & Data Systems. To learn more or to schedule a free estimate, give us a call at (877) 385-6657.

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