Back

Blog

The simple rule for deciding to use armored transportation

By: Frederick Beaudry
March 27, 2014

Many aspects of a growing business mark its growth: More customers. More employees. More assets. More (and hopefully positive) cash flows. These are all good things, of course. But what many owners often overlook are growing risks. Simply put, the more you have, the more you can lose.

What are those risks? Typically they’re:

  • Liabilities for the safety and well-being of your customers and employees as well as for performance failures;

  • Competitive risks that can undermine future growth;

  • Business continuity risks due to fire, loss of key people, loss of key accounts, sabotage and so-called “acts of God;” and,

  • Risks associated with losses due to theft, both internal and external.

Insurance, a partial solution.  While insurance is usually available to protect most of these risks, and thereby protect the business, armored transportation can be a big help to increase your personal safety and that of your employees—not only for cash businesses but many others, too.

Business owners and managers usually think about armored transportation for currency, coins and checks, as secured transportation but it’s also suitable for the secure transportation of:

  • Jewels and precious metals

  • Rare artwork and collectibles

  • Outdated pharmaceuticals

  • Software or highly sensitive information or data

What is the value of your cash?  At GardaWorld, armored transportation is an important part of a larger cash services business that includes safely moving cash and valuables; providing change; counting and depositing cash; replenishing ATMs; providing custody of critical keys to locked facilities; and providing safety to your employees and customers.

GardaWorld Cash Services are more affordable than most business owners might expect. Depending on the frequency of your armored transportation services—during which armed guards in an armored truck transport your cash or valuables from your place of business to the final destination—the daily cost can represent a very small cost. In return, you remove from your own shoulders all risks associated with transporting your valuables and provide safety to your employees and patrons. You also can expect a reduction in your insurance premium with your insurance company because you reduced your own personal risks.

What is the value of your time and safety?  By hiring an armored transportation service, you’re not only securing your assets, you’re also securing your life and that of your employees by refraining from moving your own cash, unprotected. In addition, you’re saving time that can be better spent focused on your business and customers.

For a small business pickup charge of about $35, you can save much more in time and payroll by having employees concentrate on their daily tasks and serving your customers, instead of having them or yourself go back and forth to your bank twice a week to make deposits and get change. All without protection. Talk about risky business!

Time to de-risk your business? If your time is valuable, you’ll think twice about handling your valuables yourself. To find out more about how GardaWorld Cash Services can take over those chores for you—and provide highly trained armed protection at the same time—contact your GardaWorld Cash Services representative or visit http://www.garda.com/cash-services.