If you’re like most people, when you think of security companies, the first thing that comes to mind is ADT. And while they are certainly a big player in the security game, they’re not the only ones. There are many different types of security companies and each has its own unique needs. So what’s needed to start a security company? Let’s take a look.
What’s Needed to Start a Security Company?
The first thing you need to consider when starting a security company is that you’ll need a license. While there are many security companies out there, they all need to be properly licensed to operate.
Many states require you to take classes to get a security license, and some require you to take continuing education classes each year to keep your license. In other states, you need only register as an unarmed guard with the state and you can work for anyone. Once you have your license, you can start looking for work.
The work that goes into a security company is varied depending on what type of work the company does. Some companies are strictly 100% armed guards and protect businesses and homes. While others provide mobile patrols or electronic monitoring services. Some companies focus on residential services while others focus on business. Some do both.
While security companies may not have as many employees as other businesses, they still need employees to do their job. Security employees are needed to serve customers and protect them from theft or harm.
Security guards patrol properties and perform various duties such as securing doors and checking alarms when necessary. They also perform duties that are specific to their employer. Such as handling cash or keeping an eye out for shoplifters at the store they’re protecting.
Security Companies Need Supplies and Business Insurance
Security companies also need supplies to do their job well. Deterrents like signs and window stickers can help keep thieves away from your property. But they also need things like uniforms, flashlights, batons, handcuffs, and even guns. This is to protect themselves from criminals or from becoming victims themselves.
Supplies such as alarm systems and locks are also needed for the company to perform its job effectively for its clients.
In addition to needing supplies and employees, security companies need business insurance just like any other business does. Because employee theft is not uncommon in the world of security companies.
Things like employee dishonesty coverage and employee error coverage are important. Because it protects the company from loss due to things like employee theft or fraud. Make sure that your policy covers not only yourself but also your staff if they become victims of fraud or theft as well.
Conclusion
So, opening a security company may be a bit more difficult than you think. But it’s also far from impossible. And it’s an excellent opportunity for people who want to make a lot of money and be their boss. All you need to do is get your license, your supplies, and your employees. And then you’ll be on your way to making a great living.
