A security system is a vital investment as it protects your employees and the business investment. It gives you peace of mind, enables you to detect any security threats, and deters potential burglars or other criminals.
A security system helps you monitor what’s going on in and around your business. Having a security system also allows you to control who has access to certain areas of your building.
6 Factors that Affect the Cost of a Business Security System
The cost of a business security system depends on the type of system you need, the security features you want it to have, and the size of your business or building. Also, knowing what kind of contract or agreement you wish to sign with a company will determine how much it costs for installation and monthly monitoring service. Factors that affect the cost include:
1. Security Hardware
Security hardware is probably the most expensive aspect of a security system. These are the components that protect your business and give you control over who enters and leaves your building.
The system also monitors what’s going on inside the building and provides notifications should there be an intrusion or other type of threat. Security hardware can include:
- Cameras
- Door contacts (magnetic door contacts, motion sensors)
- Infrared beams
2. Security Contracts and Agreements
A security company can provide you with a system that includes the hardware components. The service is usually mandatory with most types of security systems. They will charge you per month for monitoring your business; this all depends on what kind of contract or agreement you sign.
Some contracts and agreements can range from 5 – 20 years, depending on the company and your needs. Generally, the more complicated your system is, the higher the monthly fee will be.
This monitoring includes 24/7 surveillance of your business, alerts if there is a problem or intrusion, and gives you access to live footage from whatever security camera is triggered.
3. Installation and Activation Cost
The cost of installation and activation will vary depending on what type of system you choose. Installation can be pricey as it often includes labor costs, the cost of wiring the camera locations to monitors, and any additional equipment needed. You’ll also have to pay for one or more techs to activate your account and run any tests they deem necessary.
4. Remote Access
Some security systems are designed for remote access, which allows you to view your business from anywhere. The arrangement is helpful if you are on vacation or away on business. The cost of remote access varies depending on the type of contract or agreement you sign. Some contracts include this service, while others may charge a fee every time you access it remotely.
5. Off-site Storage
You have the option of having footage stored off-site. The arrangement can be included in your contract or agreement, or you may have to pay a fee for this service. Off-site storage is vital should the business monitoring company have software or other issues. The problems might affect your ability to retrieve any footage recorded.
6. Internet Monitoring
Some companies offer internet monitoring for an additional monthly fee. The service is a more modern approach to security monitoring, and some customers prefer this option. It provides the same features as regular monitoring and lets you log in from your computer or smartphone and remotely access the footage.
Does Your Business Need a Security System?
Regardless of the size of your business, a security system is a worthy investment. You’ll not only have peace of mind knowing your business is protected but may also enjoy lower insurance rates depending on the type of system you have. A professional security company can design a basic or moderately sophisticated system that will suit your needs.
