A roundtable discussion organised by security firm Incentive FM has concluded that low margins in the security sector are making it increasingly difficult for smaller companies to survive. A host of industry experts attended the meeting, and found that larger companies that can offer services for an extremely low margin are forcing out smaller startups.
The problem has gotten steadily worse over the past few years, with the economic downturn only exacerbating the problem. An increased focus on price has resulted in contracts that are often underfunded and ended in poor value for money.
The conference also concluded that one of the largest problems facing facilities management companies is miscommunication between the client and the supplier. Customers frequently don’t understand exactly what they’re paying for, and it is the responsibility of the organisation to educate and inform them.
CFS has a commitment to provide a cost-effective service, and fully educate clients on exactly what services we provide, and how they can benefit the company accordingly. We’re always available for contact, and should you have any questions please don’t hesitate to get in touch.