Creating a business security budget is no longer a nice-to-have. Both physical and digital security risks are real and all too common. If you have never created a budget for this before though, you may be wondering where to start and what to include. This guide is here to help.
Key Considerations When Creating a Business Security Budget
Here are some of the top things to keep in mind when building your business security budget.
Take Inventory of Your Assets.
Before you can start creating a business security budget, it helps create a list of your most valuable assets. What is it that needs to be protected before anything else and at all costs? This can include physical property as well as data. What are the items you can’t do without? The items that would prevent your business from functioning as it should? As you create this list, don’t forget to make a note of where this property is kept.
Perform a Security Audit.
Next, you want to identify security weak spots. A business security audit will look at your entrances and exits, locks, biometric systems, alarm and camera systems, and the perimeter of the property.
Upgrading the physical security of your business can save you thousands of dollars in loss and damages.
It’s always best to get a professional locksmith to help you with this process. They know exactly what to look for and can help you make a list of the security changes and upgrades you should prioritize. In the case of your digital assets, finding someone who understands cyber security is essential.
Consider Your Business Goals.
As you create your business security budget, consider your business goals. This is particularly true if you need to present the budget to other members of management. Any costs related to security should be linked to business process continuity. This relates to both digital and physical property. To further sell the upgrades and improvements, it helps to calculate the full ROI.
Do Your Research.
Improving business security requires the assistance of experts, which means you need to do a bit of shopping around before finalizing your budget.
When researching potential locksmiths to assist you, look at the services they offer, how long they’ve been in business, and what past customers have to say. Lastly, look at the cost of their services. Ideally, you want to get an official quotation from a locksmith and security company following a security audit as this will give you the most accurate costs.
The same applies to cyber security experts – doing your due diligence will go a long way in helping you create a more accurate business security budget.
Once you have an approved business security budget, it’s time to start rolling out the security improvements and upgrades.
If you would like to schedule a professional security audit for your business or commercial property, contact The Security and Lock Corporation Miami on (305) 846-9360.
