home security

Franchise Opportunity

How to Determine Which Franchise Business is Best for You

Franchising is a great part of small businesses. Franchise Opportunity is a segment for small businesses to learn how to start and boost their own business. The franchisor and franchisee system play a huge factor in franchisee success. When looking for a franchisor, one trait to consider is when a franchisor looks to franchisees as a business partner and cares for their business success.

When franchising is done the right way, it can empower and leverage both franchisee and franchisor. Continue reading below to learn how to choose the right Franchise system for you.

Also, Read: Become An Authorized Cable Dealer, Start Selling Cable & Internet Services

 

How to Choose the Right Franchise Opportunity

With thousands of franchise opportunities to choose from, it is hard to decide what is best for you and for your business. In order for you to lighten up, follow our guide to give you a greater chance to succeed.

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What is the right franchise for you?

Before jumping to any franchise opportunity, ask yourself first. Getting intimate with yourself helps you understand what fits you, you have to be honest with yourself before buying a franchise. Is this a full-time job, a hobby, is this your source of primary income or a side job? How much money are you willing to invest? Examine your skill sets, what you have learned from your professional experience, and what you are comfortable with. Like any other business, smart planning is the key to success.

Also, Read: 5 Factors to consider when deciding between two or more franchise opportunities

Narrow down your options

Now that you know exactly what you want, you have to list down your interest immediately. You need to narrow down your target in order to do research effectively. Without any specific franchise opportunity of interest and focus, it will be hard to even know where to get started. It is not necessary to look at a particular brand, instead focus on specific types of business such as home-based, industrial, internet, home security franchise, and many more. When gathering data, be logical, and don’t let your emotion dictates you.

Do Your Reasonable Steps

Now that you have a list of interests and franchisors, It is a good idea to search for online reviews about the franchisor. Even greater if you meet with the franchisor in person. Make sure to ask anything you need to get a sense of their management style and the benefits for your business. Each franchisor will have a Franchise Disclosure Document (FDD). IT is a legal disclosure document that is given to individuals interested in buying a U.S. franchise. It contains information for franchisees about making a significant investment.

Related Topics:
Things to Know Before Applying For Franchise Opportunities
Buying a Franchise? Here Are The Reasons Why You Should Do it Right Now

Employee-Theft

How to Prevent Employee Theft and Fraud

According to reports, there are a lot of complaints about employee theft and fraud activities. This is why you need a surveillance camera to protect you from business losses.  Not all employees are bad. Most of them are hardworking and trustworthy.

Let’s say, you have implemented all alarm systems on all access, doors, and locks to any potential threats to your business. You installed antivirus and firewalls to help you avoid cyber threats. The question is, is it enough to prevent internal threats and employee theft? How can you protect your important files and data using surveillance cameras?  Not all employees can be trusted. Here, we are going to talk about how you can protect your business from criminals.

Learn More: ADT Home Security Product Review | Features, Plans, And Pricing

 

 

How to Keep Your Business Secure From Employee Theft and Other Criminals?

 

Employee Theft

According to sources, businesses lose 5% of annual revenue due to employee fraud activities. Whether you are a small or big company, consider how surveillance cameras can help your business. In 2016 alone, there was an average loss of $1.13 million in revenue from internet theft.

How Can Your Business Benefit From Surveillance Cameras?


Security cameras exist in an office building that can prevent employees from stealing your important documents. Informing employees that cameras are being used in their workplace can encourage fraudulent activities. For businesses dealing with a lot of money on hand for cash flows and payroll, security cameras are the most important investment you should consider.

Where To Place Security Cameras?

Security cameras work 24/7, so they can easily catch any potential treats 24 hours a day, 7 days a week. Surveillance cameras placed in areas for checking in and out, parking lots, inventory storage, and cash registers can monitor your employees’ activities.

 

Business Operation and Employee Productivity Improvement

Surveillance cameras can easily monitor employee productivity efficiently. Employees have more time to focus on their daily tasks, knowing they are being monitored.

 

Customers and Clients’ Benefits

Surveillance cameras can improve customers’ trust by showing that you care about their security. Security cameras can protect your customers both inside and outside your building. This will allow you to record and monitor any suspicious activities.

 

Top security systems

Vivint Alarm, ADT, Brinks, Simplisafe, and Ring

Learn More About Vivint Home Security Package and Alarm System

For retailers around the world, employee stealing is serious issue.  StatisticBrain.com estimates that $50 billion is stolen by workers annually from U.S. firms,  and 75 of employees confess to stealing from their employer at least once. And what can business owners in retail do to stop this? Install monitoring video surveillance. When they know that they are being watched, workers are less likely to cheat. 
 

Security cameras are all beneficial. However, having an advanced security camera system will take your business security to a higher level. If you need assistance in installing a smart security camera for your business, give us a call. We care about your business security.

 

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