The success of your business relies on the security of the people, items, and assets inside. When customers and staff are able to complete transactions safely, your business can run efficiently. And when you can secure the building at night, you can open your business for a lucrative tomorrow.

But what happens when your business security systems are not up to standard?

You might actually be putting your business in harm’s way. According to the FBI’s Crime In The U.S. Report, there were 1.7 million burglaries in 2014, which made up 13.6% property crimes. Of all types of properties, businesses are four times as likely to be burglarized than homes.

Quality security systems can boost theft control and safety within your business. They can also provide evidence to protect you from lawsuits and may even decrease your insurance premiums.

Unfortunately, far too many business owners put their companies at risk by relying on outdated security systems. Many of these owners may be hesitating because of common misconceptions about security. The following are some of the most prevalent myths that business owners and managers may believe.

1. Security systems are too expensive for your business to afford.

This misconception may be rooted in the past, when digital security systems were highly advanced and required expertise. Now, high quality security cameras can be quite affordable. And by investing in a higher quality system, you will need to repair and replace it less often.

It’s also important to note that the cost of your security system could be far less than the cost of replacing stolen items. After all, the U.S. Chamber of Commerce reports that employee theft alone costs a collective $20 billion to $40 billion per year. The right security cameras could prevent this.

2. Any security system is better than no security system.

It can be easy to take security shortcuts and hope for the best. Some business owners will place fake cameras around their commercial space or rely on just a few cameras. By not having adequate cameras set up in your business, you are allowing certain areas to go unmonitored.

The same goes for having an outdated security system. If your cameras are constantly breaking or having trouble connecting to your network, you might not be able to monitor break-ins or incidents in your business.

3. It’s just too complicated to update your security system.

Some business owners believe that a full revamp of their security system will take too much time and too many resources. While you might need to update your network, the rest of the installation can be simple. This is especially true if you hire a professional company to do so.

As long as your employees and managers are kept up to date with the change, you can install your new system quickly and efficiently.

Your new security system can help you sustain your business’s success, since a series of theft incidents could set you back. One 2015 study found that the average loss per shoplifting incident was $377, and this certainly adds up.

Fortunately, by choosing a high quality security system, you can rest assured that your business will be monitored and safe -- during and after operational hours. And down the line, this can lead to higher employee morale and continued financial success.