Theft on the Job Site: Protecting Your Equipment and Materials
Contractor Success Forum
Protect your construction site from theft! In this episode, we discuss the rising issue of job site theft and how it impacts your business. Learn practical tips to safeguard your equipment and materials, especially during holidays. Don't let theft eat into your profits - listen now and secure your assets!
Topics we cover on this episode include:
- 00:28 - Theft in Construction Industry
- 01:06 - Holidays: Prime Time for Theft
- 02:08 - Organized Crime Involvement
- 03:06 - Statistics on Equipment Theft
- 04:25 - Protecting Equipment During Holidays
- 05:43 - Insurance for Equipment
- 07:05 - Security Measures
- 07:50 - Technology Against Theft
- 09:03 - Importance of Police Reports
- 10:24 - Insuring Equipment for Replacement Cost
- 11:40 - Material Theft and Vandalism
- 13:10 - Insurance for Materials
LINKS
Visit the episode page at https://CarpenterCPAs.com/theft for more details and a transcript of the show.
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
