Do you want to start a cyber security business franchise but lack ideas? If YES, here are 6 best cyber security franchise opportunities you can buy for 2019.
Security is a very important field for business owners. This is because of the rise in cyber-attacks. It has been estimated that half of small and medium scale businesses that suffer data breach are usually out of business within 6 months of being attacked, as they usually can’t afford to pay a penalty resulting from a compliance violation.
This is why cyber security is a must for businesses that operate online. The cyber Security Market is expected to garner $198 billion by 2022, registering a CAGR of 15.5 % during the forecast period 2016-2022. The global cyber security market includes solutions such as security incident management, Unified Threat Management (UTM), risk and compliance management, and Identity and Access Management (IAM) that enable organizations to secure infrastructure and data from harmful cyber threats and vulnerabilities.
As the world goes digital, humans have moved ahead of machines as the top target for cybercriminals. Cyber Security Ventures predicts there will be 6 billion internet users by 2022 and more than 7.5 billion internet users by 2030. That is the reason why they are mostly targets for cyber-attacks. Hackers can break into a company’s data bank where they can collect details of customers and use that to fleece them of their hard earned money.
Because of their importance in the world of business, cyber security companies are indeed making a lot of profit. If you want to be part of the cyber security industry, but you are looking for a good franchise to buy in the United States, we have listed out a couple of great cyber security franchise companies that you can choose from.
6 Best Cyber Security Franchise Opportunities for 2019
- TeamLogic IT
According to the team at TeamLogic IT, “Most small businesses out there maintain a database containing some information, and almost all of them are sitting ducks for computer criminals.” This is why they started a business to protect businesses that are vulnerable to attacks from cyber criminals.
TeamLogic IT franchisees have the ability to offer managed IT services, which provides things like security, maintenance, system monitoring, data backup and even disaster backup solutions.
In addition to their Internet security related offerings, TeamLogic IT franchisees can sell hardware, software, and entire computer systems to their clients.
- Liquid Capital Required – $50,000
- Net Worth Required – $300,000
- Total Investment – $84,250 – $137,250
Securis is an IT asset destruction and electronics recycling franchise that helps companies address a major and risky issue: how to safely discard out of date computers, hard drives and electronics. As a franchisee of Securis, a highly specialized franchise concept, you have the ability to tackle three distinct markets: Business, Government and Consumer.
Millions of laptops, entire hard drives, servers, and copiers are discarded by corporations, government institutions and consumers every year. Securis franchisees specialize in securely getting rid of the data contained in those devices. As a matter of fact, Securis (originally called PC Recycler) pioneered the business of electronics recycling and data destruction over a decade ago.
Because of the nature of the business, one that potentially deals with U.S. government data, and so Securis franchisees and their employees will have to undergo extensive background checks, sign non-disclosure and confidentiality agreements, and participate in ongoing training on security procedures.
Securis has a contract with the Federal Government under General Services Administration (GSA) for on-site and off-site data destruction and has GSA approval. They’re also certified by the Defense Logistics Information Service to store and transport critical military data.
- Liquid Capital Required – $150,000
- Net Worth Required – $500,000
- Total Investment – $86,100 – $305,950
- Computer Troubleshooters
Computer Troubleshooters, according to their website, is the world’s largest technology service. Franchisees of Computer Troubleshooters serve both the growing residential market and the small business market. Technicians are trained to remove viruses, speed up slow computers, and make sure everything they service has all essential security software installed.
Franchisee training consists of a two day on-site experience followed by an 8 week coaching program to help you succeed as a new business owner. Computer Troubleshooters franchisees have access to other franchisees in the system via online forums, shared support tools, email lists, regional meetings and conference calls.
- Franchise fee – $21,500
- Liquid capital required – $7,000
- Investment – $28,800 – $81,500
- Net worth required – $20,000
- Cyber intelligent security
Cyber Intelligent Security has grown in experience over the years and offers consultancy services and exclusive solutions to assist clients in creating and maintaining safe and secure environments for their stakeholders, property and profits. Therefore CIS can be objective when assessing requirements and budgets on behalf of their clients, providing them with impartial unbiased advice that allows them to make the unerring decision for their business.
Making a balanced and researched decision in the beginning is crucial to the success of any project; however when it comes to security, this usually requires specialist assistance. Many companies do not have in-house security experts, the available resources or the experience. CIS has a pedigree in providing security assessments, advice, design, project management, documentation and solutions.
CIS clients range from new enterprise to high risk Government agencies, this means that CIS only employ security management professionals with corporate experience who will adhere to the highest level of confidentiality and discretion.
Having clients from all fields helps them in providing their clients with fresh ideas, innovative concepts, unorthodox approaches where needed, extensively knowledgeable consultants, exclusive best of breed solutions, impeccable service and above all building long-term partnerships.
Their franchise information is only available on request.
- TAD Group – cyber security
In today’s level of digitization and information flow, security is more important than ever. TAD Group works hard to keep clients protected in the areas of cybersecurity, cyberdefence and network security. TAD Group is a cyber-security company that was founded in Newport Beach, California in 2014. They service companies nationwide, making sure that they stay ahead of cyber-attacks, and mitigate their future risks.
- Minimum cash required – $20,000
- Total investment – $20,000
- Franchise fee – $20,000
- Net worth required – $20,000
When you work hard to build your business, the last thing you should worry about is the reliability and security of your information technology (IT). That is where Ariento comes in. This cyber security company has been in the business for more than 30 years, and they help their clients carry their technology burden so they can focus on what’s truly important.
Ariento, in its 30 years of existence has worked with the military and federal government to help them with their cyber security needs. They are now offering franchising where they intend helping new entrants into their business to become experts in the world of IT and cyber security.
Franchisees are encouraged to enroll for their 6 month rotational training program, where they help them plan, build, and prepare to launch and operate their business. Franchisees are then expected to reserve a territory where they will open an Ariento Franchise. They have to pay a fee of $1,000 that is fully refundable in case something goes awry.
Upon completing training, franchisees return to their territory and launch their new business with Ariento’s support. You will need to have Access to $15,000 to be used as down payment for SBA loan to fund initial $150,000 investment.
- Initial investment – $150,000