Year End To-Do Small Business Security Checklist
As the year comes to a close, here are three things you should check on when it comes to keeping your small business safe and secure.
As we come to the end of 2020, a year that has presented new challenges and forced new ways of doing business for many of us, it’s time to review and update our business policies and procedures. This year has been especially challenging for many small businesses due to the need to put into place new ways of doing business, taking on new expenses to keep employees and customers safe from COVID 19, learning to do business remotely and much more. These new business models have come with new procedures, new business methods and new challenges.
Check Your Employee Handbook
A good place to start your review is to take a look at your employee handbook. Even a small business needs an employee handbook, so if you don’t have one, now is the perfect time to write one. In writing one or updating an old one, make sure the information in it is an accurate representation of your company and its culture. You may need to add a new section that covers remote working policies for your employees or a section on wearing masks, social distancing and other new procedures. You may need to include a section on rules for using electronic equipment if employees are working remotely. It’s important that you bring your handbook up to date with any and all changes that have taken place in your ways of doing business. Be sure to distribute the updated copies to all employees and have them sign that they received a copy.
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Check Your Finances
This is also a good time to assess the financial state of your business and complete your accounting end-of-year checklist. Along with this comes a review of your internal controls. This is a very important review to help you decide whether or not additional controls or fail-safe procedures are necessary. Employee theft is a huge problem for small businesses costing as much as $50 billion dollars annually! Even if you have trustworthy employees who have been with you for years, you are still at risk for internal theft and fraud. Take the time to review all your internal controls. These can include your policy on writing and signing checks, who has access to cash, penalties for theft of merchandise and more.
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Check Your Security
You should also review your security practices and equipment if you run a business that could experience shoplifting or customer theft. With people out of work due to the pandemic, there is a greater chance you could be the victim of this type of theft. Make sure your establishment is secure and prepared to prevent and detect any type of theft.
Equally as important is a review of your physical security practices. Ensure your building and your parking areas are well lit. Update your entrance and exit security procedures. Double check your internal theft prevention procedures. Make sure you have the latest and most secure cybersecurity possible.
While these reviews may seem daunting, they are very important to keeping your business safe and secure. If you are not sure how to do these updates and reviews, you can hire a company like mine to assist you. Reviewing all of these things will give you enhanced security and peace of mind.
President, SACS Consulting & Investigative Services, Speaker, Trainer, Corporate Security ExpertTimothy A. Dimoff, CPP, president of SACS Consulting & Investigative Services, Inc., is a speaker, trainer and author and a leading authority in high-risk workplace and human resource security and crime issues. He is a Certified Protection Professional; a certified legal expert in corporate security procedures and training; a member of the Ohio and International Narcotic Associations; the Ohio and National Societies for Human Resource Managers; and the American Society for Industrial Security. He holds a B.S. in Sociology, with an emphasis in criminology, from Dennison University. Contact him at email@example.com.