How Termites Affect Business Profitability
Everyone knows about the damage termites can inflict. Unfortunately, this awareness of the problem is often restricted to homes. Obviously, protecting the home and its contents from termite infestations are of vital importance. However, office buildings and commercial and retail establishments are also targets of termite attacks. Because of the way these places function and the number of people that come and go on a daily basis, it is easy to overlook the presence of termites until extensive damage has been done. The damage once caused is physical and affects the profitability of the business as well.
How Termites Cause Loses
• Despite the growth of electronic record keeping, every office has a large amount of paperwork that it needs to retain. Dusty record rooms full of paper are an ideal feeding ground for termites – they love to eat paper. Damaged documents could cause a loss both in terms of direct financial transactions as well as by way of fines and penalties for not having the required documentation, certificates, licenses, etc. available.No inspection or regulatory agency will accept the “termites ate the documents” excuse.
• Termites may be present for a long time before their existence becomes apparent. And by the time their existence is known, the amount of physical damage they would have done will be huge. This will require repairs. Getting rid of the termites and repairing the damage will be costly and that money will come out of a business’s profits. Additionally, productivity will be affected by the disruption caused by the termite removal and repairs which will affect work output and business transactions.
• The reputation of the business/commercial establishment will take a hit. No organization wants its customers to be greeted by a sign that says, “Sorry for the inconvenience, we are trying to get rid of termites.” If the competition does not have this problem, why shouldn’t the customers go there? And once they go to your competition, getting them back will be a long and costly process.
- Mar 19, 2020