RACV and Neighbourhood Watch note burglaries increased 39.8 per cent in 2023. According to Crime Statistics Victoria, 25,607 offences were recorded in 2023 compared with 18,405 in 2022.

Neighbourhood Watch CEO Bambi Gordon cited cash, tobacco, alcohol, and personal property as the items most likely to be stolen from a small business retailer.

RACV Head of Home and Business Insurance Kirsty Hayes recommended businesses review their security measures.

“We are encouraging small business owners to install a reliable security system with surveillance cameras both inside and outside their premises, ensure that the exterior of their business is well-lit and use motion sensor lights that activate with movement for the interior,” Ms Hayes said.

“Simple actions can also help deter theft such as putting display signs indicating the presence of security systems and that cash is not kept on the premises.”

Ms Gordon said owners should get to know their business neighbours

“Engaging with your local business community can be a powerful preventative measure as when people come together as a community, they not only feel safer, they’re safer.

“Make a start by reaching out to your neighbouring businesses and connect via a private Facebook Group or WhatsApp to help you stay in touch, keep an eye out for one another and report any suspicious behaviour to police.

“You can also consider forming a Neighbourhood Watch business group for mutual support and shared strategies.”

Other RACV recommendations include auditing business premises and staff practices so they can help to better protect their assets and overall safety including staying vigilant with locks, keys and codes, and taking the How Safe Is My Place quiz to help identify any ways to improve safety.

Business owners may also want to investigate optional insurance covers tailored to their business, such as additional cover for portable property or to help cover the loss of any money or goods.