Business Baron

Security Firm

Security Firm: Guards, doors and patrols. A guarding company sells hours. Every officer must hold an SIA licence, you charge a rate per hour and pay a rate…

Guards, doors and patrols. Sell cover that has to be there at three in the morning.

A guarding company sells hours. Every officer must hold an SIA licence, you charge a rate per hour and pay a rate per hour, and the margin between them is a pound or two once holiday pay and cover are counted. Contracts are won on price and lost the first night nobody turns up, so the real skill is a roster that survives sickness, and the real risk is unlicensed staff on site, which ends the contract and can end the firm.

Setup costs
£15,000 to £70,000
Competition
High
Category
Professional Services

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