How Much Is a Security System for a Business?

by | Dec 15, 2023

A quality security system is vital for all businesses, no matter their size. All businesses have assets they need to protect, such as computers, televisions, inventory, furniture, and more. But it isn’t always easy to choose a security system, and many business owners aren’t sure how much a security system should cost. So, in this article, we will explain the basic types of security systems as well as what you can expect to pay for them.

What Makes Up a Security System?

Hardware

Hardware includes all the physical components of your security system and will likely be the most expensive part. You can expect to pay approximately $1,000 to $3,000 for your hardware, and depending on your choices and how many locations you need monitored, it could cost considerably more.

The reason the hardware costs can vary so much is the wide variety available. There are many different types of security cameras, including thermal imaging cameras and motion detector cameras. Additionally, you may want items such as motion sensors, fences, control panels, smart locks, intercoms, and alarm keypads.

Installation

Once you choose your hardware, you will need to have it installed, which will generally be done by workers from the company where you purchased the hardware. This should cost around $200 to $500.

Activation

The equipment you buy will also need to be activated, and the security company may charge for this. If so, it is a one-time fee of typically about $200. However, not all security companies charge an activation fee.

Monitoring

The cost of monitoring your security devices can vary considerably, likely between $15 and $150 per month. This should include devices such as cameras and alarms. The size of your system, as well as whether you are using a landline or a cellular system, will affect the cost.

What Are the Different Types of Security Systems?

Access Control System

An access control system has numerous advantages for a business. Employees can easily access all of the areas of the business for which they are authorized by using a PIN, keycard, or other token—such as smartphone—without the need for keys. For employers, the control system is useful for keeping a record of who is accessing a facility or room.

The cost of an access control system can vary considerably depending on the components used. You will likely have an access control panel, keypads, card readers, access cards, and locks. Additionally, some systems have cameras or recording devices. A typical access control system will likely cost anywhere from $1,000 to $3,500 per door.

Surveillance System

Business surveillance systems have several benefits, and one of the biggest is improved safety for both employees and customers. A security system can deter crime both inside the business and out because criminals might be reluctant to break into a business where there is an increased risk of getting caught. Surveillance cameras can also reduce shoplifting for the same reason. These systems discourage not only customers but also employees from stealing. Outdoor cameras can also protect businesses by recording any unusual activity on the property.

Surveillance cameras can also be useful to refer to if a crime does occur. In addition to this, they can help in cases with returns to verify if someone without a receipt actually purchased an item. The system can also help ensure your workforce is efficient by allowing you to identify when the store is busy so you can make sure you have enough workers when needed. You can also use the recording to make sure your employees are working when they should be.

The cost of a surveillance system will depend on your business’s size as well as whether it covers both the inside and outside of your business. However, an average business surveillance system will cost approximately $500 to $2,000.

Cybersecurity

Cybersecurity is another vital consideration for businesses. Cybercrimes can seriously damage your business and possibly require you to shut down operations and replace systems, as well as pay legal fees. Additionally, they can seriously damage your business’s reputation. Cybersecurity typically costs businesses 10 to 12 percent of their IT budget.

Intruder Detection System

Every business needs an intruder detection system to alert them if someone has illegally entered their business. However, the exact type of system to install will vary considerably depending on need—a sophisticated system will cost more than a more basic one. A contract will likely cost about $30 or more per month. In comparison, a control panel will cost anywhere from $100 to $200. Additionally, installation fees will cost approximately $400.

Environmental Monitoring

Not all businesses have an environmental monitoring system; however, these are common for warehouses and IT businesses. These systems monitor air quality, waste, and water, among others. The systems have an average cost of approximately $225.

Final Thoughts

Choosing the best security system for your business is difficult, and a typical business security system will vary in cost for the first year, so it is essential to make the right choices to keep your business, employees, and customers safe. The best way to ensure you choose the optimal security system for your business is to consult a company that is experienced in designing, installing, and maintaining business security systems.

Ready to hire a consultant and be proficient then contact SoCal Access and Video.