How to Start a Private Security Firm
Starting a private security firm may seem exciting and fun. But running a private security firm takes investigative and people skills, management qualities, lots of patience and a willingness to deal with a flexible schedule. It can also give you satisfaction that you are making a difference as you protect property and/or people.
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Instructions
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Learn security measures. In an era of rising crime, more and more businesses and individuals are looking to hire private security firms for protection of their property, themselves and their families. But to start a private security firm you need to be able to keep what you are protecting safe. That means having training as a private investigator, police or military, is an asset. If you plan to protect homes, a knowledge of security technology systems is also an asset in the protection of homes and businesses. If you specialize in personal protection, you need to be trained in defensive protection. If you specialize in technological security you need to understand how to install, repair and monitor the security installed.
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Decide the focus of your private security business. Some private security firms specialize in one-on-one protection as body guards. Some specialize in more general security of families, events and property. Others may focus on equipment security with locks, monitors and alarms. Some companies offer all round security using a variety of these methods. You need to choose what services your private security firm will offer and make sure you or someone on your staff has expertise in the areas of security you offer.
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Plan how you will start and run your private security firm. Check out city, state and federal requirements for running a private security firm. Staff will need to have background checks for criminal behavior and records. You will need to apply for a sales tax license as well as other permits and licenses required of a private security business, especially should you or any other staff members plan to carry a weapon. You need to decide if your firm will start as a one person operation or whether you'll start with other staff.
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Figure startup costs. Startup costs include an office and all that goes into furnishing an office, software for keeping track of cases, schedules, income and expenses, cell phones to keep in touch, staff--both operators and support staff such as secretaries, permits, licenses, insurance, weapons, and vehicles. Add in cost for travel, time and expertise.
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Contract for your services. Has your city government let some security areas lapse due to lack of funds? Contract with the city to take up the slack. Check with business owners. Put ads in the paper and let the word out about your business through online job sites and on social networks. Send a press release. Be willing to start with small cases, like finding a lost dog or security for a local event, to build your business credibility. Also, join local professional business organizations.
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Make integrity your watchword. Building your business means making sure every job is done right, that you keep your word and that you take your private security business seriously. Small jobs done well translate to larger jobs that enhance your reputation and your income.
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References
- Photo Credit battered security light image by green308 from Fotolia.com
