On Guard! The day after his chemical company was burglarized, Don Anderson had an alarm system, new locks and extra lighting installed. He has not had a problem in the seven years since.

Anderson, 41, the owner of Carlyle Products Inc. in Greenville, South Carolina, says he thought about getting better security before the break-in happened but just didn't make the time. "You really feel violated when you walk in and see something you've been working for gone," says Anderson, who projects 2008 sales at less than $1 million.

To protect your business from crime, implement crime prevention strategies and have insurance in case deterrence doesn't work. David C. Moss, a risk advisor with Burkey Risk Services Inc., recommends consulting with your insurer or agent to develop a sound risk management program. The basics, such as alarm systems, secure locks, interior and exterior lighting, and surveillance cameras, are good starting points, Moss says. But, he adds, "If you're going to spend the money, make sure all your bases are covered."