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Do you want to start a small business in the security service and surveillance industry? If YES, find here 16 legitimate and profitable security business ideas for your ready reference.
Actually, security service is an evergreen industry. And currently, people are more concerned about that. In addition to that, rising corporate spending on security enhances the potential of the industry revenue.
According to the industry experts, the security services industry revenue is expected to increase. Because the guard, investigative and other industry services became increasingly popular among corporate and government agencies. Basically, the Asia Pacific, USA, UK Canada and Australia are the major growth market for starting a successful security business.
Generally, the security service industry offers a wide range of business opportunities. And some of the most popular are patrols and guarding services, cash transit, security transport (of documents, data, and valuables) and security consulting services. However, high tech security gadgets may come as a potential threat to the security industry that engages professionals.
Read the post below to get 16 most legitimate security business ideas that you can consider starting in both the developed and developing countries.
List of 16 Legitimate Security Business Ideas
#1. Auto Alarm Sales and Installations
Auto alarms or car alarms are increasingly popular these days. Basically, it is an electronic device installed in a vehicle in an attempt to discourage theft of the vehicle itself, its contents, or both. Car alarms work by emitting high-volume sound and sometimes lights. So, it helps the car owners understand any adverse situation if occurs. Starting an auto alarm sales and installation is a highly profitable and low-cost business. However, having a good retail location is must in this business.
#2. Background Checking Company
Basically, this is a vast industry. Nowadays, the authentication of data in an environment that’s in a constant state of flux is hence a challenge. And that is why most of the companies look for this type service. Generally, companies hiring employees, insurance companies, banks and financial service providers are the major consumers of this type of services.
Generally, you can initiate a bodyguard business in two ways. Either as a self-employment or opening a company that provides bodyguards to the people who look for this. Generally, you can go with the first one with low startup capital. And definitely, the second option demands moderate investment. However, starting the business in any option demands specific skill and expertise.
Actually, CCTV stands for closed circuit television. Nowadays, this is one of the most potentials gadgets in the security service industry. And people use in widely in both the residential and business establishments. With the recent technology up gradation, there are several different types of CCTV are available in the market. The business is highly profitable. And you can start this business with small capital investment.
In the recent digital era, the cyber security is everyone’s concern. Cybersecurity threats today have become increasingly sophisticated and complex. And you can provide different types of specialized services to other individuals and businesses both. Starting this type of business demands high degree technical knowledge. Additionally, the business demands investment in infrastructure and quality staffing.
#6. Firearms Training
Worldwide the awareness of personal security is increasing rapidly. More and more people are getting interested in keeping firearms with them. So, this is the quite right time for starting a firearm training academy. However, you can start the business only in the metro cities where the population density is high. Additionally, you must have proficient and sound knowledge about firearms.
#7. Guard Dog Training Center
Basically, guard dogs need specific training for developing that particular skill. And there are specific dog breeds that are active as the guard dogs effectively. Starting a guard dog training center demands specific skill, expertise, and licenses. And if you really like spending long hours with dogs, the business is just perfect for you.
#8. Gun Store
A retail gun store sells different types of guns. Additionally, the store also accepts repairing and maintenance jobs of guns. Starting a gun store is a highly lucrative business. The business demands specific licenses and permissions. And it varies from state to state. In addition to that, you must have previous experience and a strategic marketing planning for promoting your business properly.
#9. Polygraph Service
Actually, polygraph service is also popular as lie detecting service. And it is a highly effective investigative tool. Polygraph testing is proven to have an accuracy rate of over 98%. It is used regularly by clients of all types to ensure infidelity. Also, it is effective in finding the truth on important or critical matters or just exposing lies within a relationship of any kind. Starting a polygraph service business demands specific accreditation in most of the states.
#10. Private Investigation Company
Actually, investigative and detective services hold a major share in the security business industry. In most of the state, you need two different licenses for starting a private investigation company. Actually, a license for yourself as an individual, and a separate license for your company. In addition to that, you must have a clean criminal record and good moral character. Also, in most of the states in the USA, you must have the age between 18 and 25 years. So, check these issues very clearly prior to start this business.
#11. Residential Security Consulting
Basically, residential security consultants work independently. Broadly, home security includes alarm systems, creating security zones within the home, security lighting, reinforcing doorjambs, upgrading window etc. Also, it includes CCTV surveillance, door locks etc. Globally, the increasing rate of the crime is the major reason for growing demand for this type of service.
If you want to start a security business in the manufacturing segment, you can consider this opportunity. Basically, people use the safe box for keeping cash and valuable items safely. Nowadays, digital safe boxes are highly popular. Generally, this type of lockers open and close with a specific numeric password. With a moderate capital investment and a space for unit operation, you can start this business.
#13. Security Equipment selling
If you want to start a simple retail business, you can consider selling security equipment and gadgets. And practically, there are numerous ways you can opt for selling. Definitely, you can consider selling different items from a brick and mortar store. Additionally, you can initiate a small eCommerce store for online selling. And if you have a blog website, then you can also consider selling affiliates.
#14. Security Guard Recruitment Agency
Security guard service accounts a major share in the entire security business industry. In addition to that security guards are very effective in managing the crowd and transporting the cash for ATMs and banks. If you want to start a service based business in the security business industry, you can consider this opportunity. The business demands sound communication skill and man management capacity.
#15. Security Uniform Making
This is another a great business you can consider starting. However, security uniform manufacturing is a highly cash-intensive business. The business demands adequate finance availability, strategic planning, and long-term dedication. Some of the most popular security uniform items are trousers, sweater, shirt, belt, cap etc. Also, the entire uniform sets have high demand.
#16. Self Defence Academy
Initiating a self-defense academy is a self-rewarding business. Definitely, the business demands, sound knowledge, skill and expertise. Additionally, you need a specific license for running a self-defense training center in most of the states. Broadly, self-defense caters boxing, fitness, yoga, krav maga, etc. If you enjoy fitness and helping others, this is definitely a perfect opportunity for you.
We hope this list of 16 security business ideas will help you in making an informed decision towards your entrepreneurial journey.