How to Protect Your Company’s Equipment from Theft & Damage

The equipment that you and your employees use every day is vital to your company’s success. Issues such as theft, vandalism, and sudden breakdowns can bring your business to a grinding halt and tarnish your reputation. Here are a handful of tactics that you can use to protect your company’s equipment and prevent unnecessary hiccups in your day-to-day operations.

Follow the Suggested Scheduled Maintenance

If you want to avoid major breakdowns and expensive damage, then you must stick to a strict maintenance schedule. Certain manufacturers will even void their warranties if users and operators don’t follow the maintenance instructions. You should be able to maintain basic devices such as computers and fax machines on your own, but some of your heavy might require specialty tools.

Properly Screen Your Employees

It is an unfortunate fact that workplace crime costs U.S. businesses just over $50 billion a year. The most effective way to reduce your risk of employee theft is to spend extra time screening all of your new hires. In addition to running background checks, you should also have multiple interviews that cover a wide range of subjects. An employee is going to be less inclined to steal from your company if they realize that the management is extremely thorough.

Establish a Good Training Program

Every single employee that will be using company property needs to complete a comprehensive training program. Even if your equipment seems intuitive, staff members should still be given a quick overview. If your equipment is relatively common, then you might be able to find training programs online. Some third-party companies also create personalized training programs for smaller businesses that don’t have the resources to create their own training programs.

Make Sure That Your Warehouse Is Structurally Sound

Every building that houses your company’s equipment needs to be structurally sound and regularly inspected. Seemingly minor issues such as pinholes in the roof or a damaged HVAC vent could result in a tremendous amount of damage in a short period of time. Hiring a contractor for roofing replacement services or HVAC repairs should be thought of as an investment in your company’s future. Ignoring structural problems might result in damaged property, injured employees, and expensive lawsuits.

No matter what steps you take to protect your business, a major catastrophe can still happen in the blink of an eye. Once or twice a year, you should double-check your company’s insurance policy to make sure that you have ample coverage for all of your equipment.

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