Theft and shrinkage are two of the most expensive unanticipated costs of doing business. To achieve long-term success, it is vital to protect your assets against dishonest individuals. In addition to serving as a deterrent to crime and a tool for criminal prosecution, security cameras in workplaces also aid in the detection and prevention of employee related internal shrinkage. With advances in Artificial Intelligence (AI) technology, some of our smart AI cameras also provide analytical features like people counting, which can be used for planning.
We have experience assisting businesses of all sizes, from major multinational corporations to small mom-and-pop shops. We can help you choose the best security solution for your business, no matter how big or small it is.
Why should a business invest in a security camera system?
We don’t live in a utopia; theft, fraud, and other types of crime are a sad reality of our lives and impact individuals and businesses of different sizes disproportionately. It’s no surprise that theft by criminals and dishonest employees is costly and undermines the success of businesses. With rising energy prices, inflation, and interest rates hanging over consumers’ heads, crime will undoubtedly increase. Cameras serve as the first and last line of defense against the ever-present threat of theft and property crimes.
Employee theft impacts small businesses the most
Employee theft is not a question of if and when, but how often and how much. Two-thirds of all US-based small businesses fall victim to employee theft, according to employee fraud statistics reported by the National Federation of Independent Business.1
Over 75% of employees polled reported stealing from their employer. Many rationalize that “dipping into the pot once in a while” will not harm the business because the theft amounts are minor.2 Sweethearting, which is the practice of undercharging for items or putting them into the cart of a family member or friend, is one of the most common methods that employees use to steal from a company. Some employees may choose to steal products directly from their jobs. Others may be dishonest with their hours by tampering with time cards or exploiting flaws in digital time clock systems.
Employee theft may be more tolerable for large corporations with insurance coverage, but small businesses such as restaurants and retail stores bear the biggest financial burden as they frequently lack low-deductible insurance coverage to cover employee theft. Also, small businesses typically don’t want to file a claim with their insurance company because a claim payout usually means a higher premium for their policy.
Small businesses not only lack affordable insurance coverage, but they also suffer higher-value losses as a result of employee theft. Business losses due to employee theft amount to $50 million annually in the US, but the financial losses are not equal for all businesses. Businesses with fewer than 100 employees experience median losses that are 92.31% higher than those with more than 100 employees.1
Robberies are a growing threat to all businesses
While shoplifting continues to increase at a steady rate, robberies and organized retail crime increased at a troubling pace during the 2020 pandemic, along with higher-value losses, according to the 2021 Retail Security Survey report. In its survey, the NRF says the average dollar loss per robbery incident has gone up to $7,594.48 in 2020. The average was only $828.94 in 2019.3 High-dollar losses are devastating, especially for small business owners with expensive inventory and minimal insurance coverage.
Business operating costs, the cost of goods, and insurance to cover the loss of those goods are at an all time high due to inflation. The increased rate of theft and costs of doing business make businesses vulnerable, especially very small businesses that may find it hard to overcome a theft related loss.
Deterrence and Protection
Installing and maintaining a CCTV system for your business is a wise investment. The presence of cameras alone serves as a constant reminder to potential thieves that someone is watching. If someone is bold enough to disregard the warning and commit a crime, we offer cameras that will be there to record the event in up to 4K UltraHD. Security cameras in a business also help to lower internal shrinkage due to time card fraud as well as product and service theft by employees.
A picture is worth a thousand words, and high-definition video security footage is worth a ticket straight to jail. Investing in a professional, high-quality business security camera system offers a level of protection and peace of mind that is unmatched by any other product or service.
Additionally, some insurance companies offer a discount on a general liability insurance policy if a business has a security system. Be sure to contact your insurer to inquire if you can save on your premiums by having video surveillance.
Surveillance vs. Alarm Systems
To secure businesses, we recommend investing in both a video security system and an alarm system. You may wonder why only deploying a simple and inexpensive alarm system is insufficient. Alarm Systems are excellent for generating a loud, startling noise for intruders and neighbors and for helping to notify victims and authorities that a break-in is taking place, but they are actually only helpful for those two things. The majority of intruders are able to break in, commit the crime, and flee before authorities arrive.4
In the long run, an alarm system may be more expensive than anticipated due to the high cost of installation by a licensed alarm installer, recurring monthly subscription fees, and false alarm fines. According to the Colorado city of Longmont’s Public Safety Department, 98 percent of all alarms are false, and they impose a $100 fine for the first three and up to $400 each if the problem isn’t remedied. Check with your local municipality to learn more about the fees that may be imposed as a result of false alarms.
Alarm systems that are not supplemented with a security camera system are incapable of recording video that may lead to prosecution. Alarms and sirens can also be integrated into the professional video security systems that we offer at CCTV Camera World. Obtaining video footage of a crime is essential for identifying suspects and building a case against alleged perpetrators. Additionally, there are new cameras with built-in active deterrence features such as police-light-style LEDs, white-light spotlights, and automated sirens with vocal warnings that can serve both to capture the perpetrators and sound-off a deterrence alarm siren.
How much does a reliable business security camera system cost?
The key word here is reliable. You can, of course, go to Costco or Amazon and get a low-cost camera system for your business, but the adage “you get what you pay for” certainly applies to security products. The biggest disadvantage of low-cost surveillance systems is that video quality and component reliability are sacrificed in order to keep production costs low enough so they can be sold for a “cheap price.” Cheap security systems always lack properly functioning features that are vital to business security, such as rapid-responsive remote viewing, timely smart motion-activated notifications to smartphones, and dependable event detection.
A reliable, professional-grade business camera system will cost at least $1,000 and up to $20,000 to $30,000 or more, depending on the size of the business and the number of cameras. Most small business camera systems cost between $1,000 and $5,000. The average budget for a medium-sized business is between $4,000 and $12,000. Large organizations should budget at least $10,000, with the majority of large wired systems costing between $15,000 and $30,000. Businesses with multiple locations or with unusual requirements should expect to spend more.
Camera Systems for Small Business
Small businesses are the heart and lungs of local communities all over the United States and around the world. As a small business ourselves, we aim to provide reliable and economical professional CCTV solutions to protect our customers. If you own a small business or manage one, you’ve come to the right place to purchase a security camera system for your Business or Commercial use.
Commercial Security Systems by CCTV Camera World are simple to install and easy to use. We offer a variety of technologies to accommodate the unique needs of your commercial property. There are two main types of security systems to choose from:
- PoE camera systems are as easy to install as they come, thanks to plug-and-play Power over Ethernet (PoE) technology. You simply connect the IP cameras to the NVR, and within minutes, you’ll have a fully functional system. PoE cameras can also work over existing network infrastructure by utilizing PoE switches.
- Our Analog Security Systems are also easy to set up and use high-quality Siamese coaxial cable and a power supply box along with the cameras and DVR. These are great choices for customers with existing CCTV systems using coax cable.
All of our professional-grade security recorders, cameras, cabling, and accessories are offered at wholesale pricing directly to the general public. If you’re looking for security cameras to match any unique situation or requirement for your small business, we’ve got you covered.
Protection that Provides Peace of Mind
The systems we offer provide unrivaled protection thanks to powerful AI-based Smart Security Cameras and fully customizable motion detection to reduce false motion alerts. When you set up push notifications or email alerts, you can be confident that if something happens on your property, you’ll be notified and will be able to access your system quickly without the long delays experienced with cloud-based security systems.
Camera Systems for Commercial Businesses
Building a successful business demands dedication and hard work. Protecting not only the monetary investment but also the time and effort that owners and operators put into their businesses is a serious priority. Detecting dangers to a business, whether internal or external, is crucial to its long-term success. We can assist you in securing what is most important to you.
Expert Consultation and Planning Assistance
Our loyal customers vary from large enterprises to small-to-medium-sized businesses and sole proprietorships. We have helped configure systems for a wide range of industries, including car washes, mining operations, wind energy farms, cannabis growers, and a variety of manufacturing facilities, to name a few. No matter what industry you operate in, we offer unique commercial surveillance systems to meet and exceed your needs.
Fast and Efficient Service
Our technical support staff is prepared to handle any request thanks to the training they received from our senior experts, who have more than 20 years of experience in the CCTV industry. We provide expedient and effective email based Free Support on the same business day, Monday through Friday, by utilizing our excellent online tutorials and videos. If a guide or video for a particular issue does not already exist, our content team is always ready to create one. Our technicians are all based in the United States, so there are no frustrating language barriers.
No System is Too Big or Too Small
CCTV Camera World is a trusted one-stop shop for a security camera system of any size, with experience selling to businesses of all sizes and in all sectors. Through one of our paid consultations, we can help you figure out how many cameras you need and what technology to use to protect your bottom line.
Easy Remote Access from a Central Office for Businesses with Multiple Locations
As a company grows and expands, it is common for it to branch out to many locations in different regions of a city or to new cities. For systems from big-box stores, managing CCTV systems across multiple locations is a challenging task. At CCTV Camera World, we have the products, software, and expertise to make it a breeze for any business to keep an eye on all of its locations.
The most crucial feature of multi-location security is rapid access via remote viewing from a central office. You can simultaneously watch all your sites via a single user interface from a PC, Mac, or smartphone. The free smartphone app and computer software provide quick and easy access to monitor multiple security systems with dependable motion alerts and push notifications. You can use automated alerts to notify security personnel or law enforcement of activity at your premises, regardless of where you are at the time. It is also simple to lock the system down and only grant access to specific cameras with user-specific permissions.
Whether you feel your staff is slacking off or you are concerned that a dishonest employee is committing theft, sweethearting, or falsifying their hours, our solutions allow you to quickly check in on your staff. You may gain a better understanding of how your staff communicates using a camera with built-in audio. You could also communicate with your employees using a two-way audio camera or talk kit to provide instructions or assist them with customer interactions.
Fighting transaction disputes is another major source of loss while running a cash-based or retail business. Keeping a video record of attempted fraud by customers, personnel, or even something as basic as a cashier’s error is necessary in order to find the facts. If you run a commercial operation where cash or credit cards are exchanged, our video security systems will help you keep track.
Improve Business Analysis
Surveillance cameras are now used for purposes other than security. People counting, abandoned and missing object detection, and face detection are all smart AI features that can be incredibly valuable for analyzing traffic at your business. People counting can help you learn when the busiest times are and how much staff to schedule for those times. Abandoned and missing object detection has proven effective in airports, laundromats, and auto repair shops, where items frequently go missing. Face detection near checkout counters or in restricted areas assists managers and employees in alerting them to the presence of shoppers or suspected thieves.
Every Industry Needs Tried-and-True Security Solutions
With continued support from business owners operating in nearly every industry, it’s safe to say that we have what it takes to provide you with the best surveillance system for your business. We take pride in offering sophisticated support and readily available upgrade paths to our clients in various industry types. Rest assured, regardless of what type of business you have, we can help you build a system you can trust.
Below is a list of various types of industries that we’ve helped recently. If your industry type is not listed below, please don’t hesitate to contact us.
- Construction and Real Estate
- Finance and Banking
- Retail and Convenience Stores
- Car Dealerships
- Self Storage
- Cannabis Cultivation
- Logistics and Freight Forwarding
- Hotels, Resorts and Hospitality
- Armed Forces
Need consultation, a quote, or have a few questions?
We’re here Monday through Friday, 9 A.M. to 5 P.M. on the East Coast, to answer any of your questions. Call us at (716) 229-0080 or drop us a line using our support form.