Starting a security services business can be a very exciting endeavor, but one that requires accountability among employees and clients as you look out for the safety of people and property. Many people consider the entrepreneurial route, but it is a risky road to take, especially if you don't set yourself up for success. You don't have to sell a unique product, but you should offer a one-of-a-kind service.
Anyone can start his or her own security business with the right attitude and financial backing. Competition will be fierce. You can't expect to put your feet up because it's your own business. On the contrary, you should expect to work very hard in the beginning. Before quitting your full time job to launch patrol small business services, ask yourself the following:
1. Are you committed? It takes more than just a good idea to start security business services. It takes time, money and hard work.
2. If applicable, do you have the right partners? Friends are not always good business partners. Vet potential partners as objectively as possible.
3. Have you done your research to make sure there's demand for your product or service? You may have a great idea, but how many others have the same idea?
Action Steps
The best contacts and resources to help you get it done
Start your own patrol service with credibility and get licensed
When you start your own security service, you are legally required to obtain some type government license. The business of security services also requires pistol permits, which you and your employees can obtain from local or state law enforcement offices; depending on the extent of your services. Other official documents include federal and state employer tax ID numbers, and trade name certificates. There are many online resources and state departments that can help you file these documents.
I recommend: Business Licenses is a fee-based online service that offers access to the types of licenses and permits you will need to start a security business.
FindLaw offers a checklist for new business owners to review.
Join an association and build credibility for your security service
As a new business owner, you don't have to go it completely alone. Consider joining an industry association for support. Organizations bring together professionals with the same goals and challenges. As a member, you'll have access to certification and educational opportunities. Professional organizations also organize networking events, so you can meet industry peers, vendors and suppliers.
I recommend: The
National Association of Security Companies and the
National Council of Investigation & Security Services both organize a variety of educational and networking events, conferences and membership meetings.
Partner with reliable employees when you open patrol business services
When you own patrol business services, it's imperative that you partner with reliable employees. Your employees must be reliable, accommodating and thorough. You want to build a long-term relationship with your staff, and they must also share your interest in pleasing your clients. In this business, you will also need to insist on background checks for potential employees.
I recommend: ISecureJobs.com offers free registration for first time employers. It also offer instant access for qualified candidates, and cost effective e-recruiting.
Security-Jobs.info also provides secure access to employers.
Instant People Check is a fee-based service that provides national background checks on potential employees.
Tips & Tactics
Helpful advice for making the most of this Guide
- Marketing your business is a very significant step as you open a security small business. Consider advertising in trade magazines and newspapers to begin with, and think about publishing a website.
Related Resources from Business.com
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