Financial Impact of Pest Infestation in Business Premises
Pest infestation on a business premise can have massive financial implications if not tamed on time. Be it bed bugs, cockroaches, mice, spiders, or ants; any pest can damage a business’s reputation, cost a lot of money to exterminate, and, unfortunately, result in the business seeking alternative locations.
Before it’s late, you should know that it is always important to hire a pest exterminator to remove and prevent any pest infestation in your business premise. Consider hiring a reputable pest control company such as Responsible Pest Control to inspect and help eliminate pests from your business.
Here are the financial impacts of pest infestation on a business.
Damages business reputation
Every business values its image, especially when operating in a highly competitive industry. With pest infestation at your business, it becomes challenging to convince your customers that you are offering quality and safe products, especially if you are dealing with any edible products.
Take an example where a customer comes to your hotel only to see a fat rat coming from the kitchen. They automatically get turned off and want to leave. Some customers may even go as far as sharing their bad experiences on social media. This can damage your online reputation.
Damage on business property
Pests can cause collateral damage to your business property. Take mice and rats as an example. These pests have sharp incisor teeth that can gnaw and chew almost everything from furniture, metal, wood, and concrete.
You have to repair or replace all the items that these pests destroy, which means digging deeper into your pockets. Having a robust pest control program in your business can help you escape all the damages that pests can cause to your business.
Reduced staff morale and productivity
Most employees cannot withstand the presence of pest infestation at the workplace. For instance, if bed bugs infest your office, your workers may feel uncomfortable working there, directly impacting their productivity and morale.
When your employees are underperforming, it may be impossible to meet your business goals, such as meeting strict deadlines and increasing your ROI. The impact of pest infestation may be evident in your reduced revenues and low productivity.
Loss of working days
In business, time is money. However, when pests infest your business, it is almost impossible to stick to your schedule. You will spend a lot of time cleaning and disinfecting the location, and this takes some time.
At least 42% of U.S-based businesses suffer a loss of at least one working day because of pest infestation.
When you close your business to clean and exterminate pests, you lose customers, which translates to reduced revenue.
The financial impact of pest infestation may go beyond the scope of this article. At times pests can even lead to the spread of bacteria to you and your staff.
It is important to ensure your business is free of any pests if you intend to escape pest infestation’s financial impacts. Always take a proactive pest control and prevention measure to keep your business premise free of pests.