Security systems are widely used in business to make sure company property is safeguarded. There are a lot of reasons to consider installing a security system for your business.
  1. To reduce and prevent theft and vandalism.
  2. Real-time monitoring of critical areas where more valuable assets of the business are placed and Restricted Areas where sensitive and proprietary information/products are stored.
  3. Clear Proof of an Incident or Accident for Insurance Claim Purposes.
  4. Visual Evidence of a Crime for a Police Investigation.
Once your company has decided to install a security system, evaluating your system options is the next logical step. What type of system? Purchase or Rent?

CCTV Systems

The most common systems for businesses is a CCTV system. This is a closed circuit TV system wherein all the cameras, display monitors, and recording devices are directly connected in a closed system that transmits signals via coaxial cable to a single central location for monitoring, recording, and video analysis.

CCTV offers the following benefits:

  • Constant surveillance of specific areas
  • More cost effective than the employment of physical security guards
  • Reliable monitoring

Disadvantages of CCTV:

  • Expensive to install and maintain
  • Added as permanent fixture to business property
  • Requires periodic upgrades to avoid obsolescence
CCTV systems provide you with high-powered IP cameras for temporary or mobile security that are mounted on tripods or poles on compact trailers.
Purchase vs. Renting Your Security Surveillance System
A CCTV system can be as simple as one camera or hundreds. Depending upon the type of system installed and the number of cameras and accessories and monitoring, the cost can be substantial.
Purchasing offers the advantages of:
  1. Cost savings over time. Constant monitoring via video would be more cost effective than employing security guards.
  2. Ownership of company assets. The security system could be depreciated and offer some tax savings.
Other businesses require security systems only on a temporary basis such as construction job sites property development companies and special events. When they have a job in progress, they need the system but when the job is finished, it does not make sense to continue to incur the cost of CCTV.
Renting offers the advantages of:
  1. Immediate Cost savings. You only pay for surveillance when you need it. Additionally, the rental cost can be included in your job costing to customers.
  2. Unencumbered assets.
  3. No service contracts. Since you are renting the equipment, you only need to maintain the system for the period that you are renting it, which is usually included in the rental agreement.
  4. No obsolescence. You don’t need to worry about constantly upgrading your system due to changing technology.
  5. No downtime. You don’t need to hold up your job waiting for installation crews to install network cabling and fixed mount cameras.
Your company’s decision of what type of surveillance system to utilize and how to finance it must be based on careful consideration of the type of business you do, the physical area you are trying to protect and the length of time you will need a security system for. For many businesses, renting a security system makes good sense.