Are you an entrepreneur but you lack ideas on what security business to start? If YES, here are 100+ best business ideas in the security industry.
The primary role of businesses that work in the security industry is to ensure the safety and security of people, spaces and property. Some of their responsibilities include store detection, door supervision, close protection, dog handling, aviation security, maritime security and private investigation.
The security industry is growing fast with the increasing need to secure properties and individuals from potential threats and criminal activities. Now, the industry is providing cyber security services also, which has widened the scope of business.
If you have had some training in the security industry, or you have retired from a military establishment, you can decide to start a business in the security industry. Here are some ideas you should look to starting.
100+ Best Small Business ideas in the Security Industry
Private security companies are defined by the U.S. Bureau of Labor Statistics as companies primarily engaged in providing guard and patrol services, such as bodyguard, guard dog, parking security and security guard services. Many of them go to the extent of providing advanced special operations services if the client demands it.
According to SecurityOfficerHQ, starting a security company costs about $7,500 in upfront investment for insurance. You can get a shared office space for six months, procure licensing and legal registrations, equipment, marketing and website development, and contingency fund.
An indoor or outdoor shooting range can be a lucrative business if you are the kind of person who can operate under strict federal, state and local regulations, including safety, insurance, record keeping and reporting requirements. You can start from scratch or purchase an already operating establishment, depending on your situation and the startup capital you have at your disposal.
If you are a gun enthusiast who enjoys teaching others, a shooting range might be the right business for you. While you must obtain a number of licenses and permits, but if you are knowledgeable about gun-safety issues, it shouldn’t be difficult.
A gun shop also known as firearm store and gun store, is a business establishment that sells small arms, such as handguns and shotguns, to individuals in an open shopping format. Gun control is one of the most controversial topics in the United States today. However, opening and operating a retail business that buys, sells and trades guns still has the potential to be profitable.
In addition to selling guns, most gun shops also sell ammunition and hunting-related products and sometimes offer a gun repair service and a shooting range on site. Starting this type of retail business will require a substantial investment and you will also have to clear a few legal hurdles before you can open.
Cyber security is about protecting your technology and information from accidental or illicit access, corruption, theft or damage. The damage caused by cybercrime is estimated to hit $6 trillion by the year 2021. This has led to a forecast that there will be an estimated increase in spending by companies for cyber security between the periods of 2017 and 2021 to $1 trillion.
Those already in the tech field that are looking to become entrepreneurs in cyber security should expect to make more money as this is a growing field that has seen professionals earning big bucks. The basic thing you need to start up this business is your skill.
One of the easiest means of tracking criminals and lawbreakers in a society or organization is through security cameras installed in strategic positions in and around facilities. As a matter of fact, if criminals know that there are security cameras installed in a facility that they intend raiding, there is a likelihood that they will back down from such raid. This business is open to all and sundry as long as you have the technical skills and know how.
A private military company is a private company providing armed combat or security services for financial gain. PMCs refer to their staff as “security contractors” or “private military contractors”. Private Military and Security Companies (PMSCs) have been around for decades.
Their role is to employ trained soldiers and other military contractors for national, inter-governmental and private security jobs. Some operate in conflict zones, while others work in a corporate environment. These professionals carry various responsibilities, from fighting in armed conflicts to gathering intelligence.
Employee background screening has become the norm in the hiring process and many companies, and especially small businesses, don’t have the time or the means to adequately check up on all their job candidates. This leaves an opening for you to start your own background check company.
A background check service has relatively low startup costs and low barrier to entry. You don’t need a special degree for this service, but you do need a firm understanding of federal, state and local laws, so that you don’t get into trouble.
If you combine problem solving ability, attention to detail and good observation skills with prior investigative training or experience, starting your own private investigation service could be a rewarding business. You can decide to meet with prospective clients at their workplaces or homes, so may not even need to incur the expense of leasing an office.
As a private investigator, you’ll perform background checks on prospective employees, tenants, business partners and marriage mates; do skip traces (missing-persons searches) on parents who owe child support or people who’ve left town owing money, investigate insurance claims, and nose out evidence for lawsuits. If you’re a computer whiz, you can specialize in hacker crimes and advise companies in online security.
Even though the government of the United States of America provides public security services to its citizens for free, many citizens find it hard to completely rely on them because the ratio of security officers to citizens is really low and this has reduced their rate of efficiency.
The US is a country with high crime rate so the need for security services for homeowners, business owners and public figures in the country cannot be neglected. Most people now find it safer to hire private security firms which are mostly owned and operated by retired government security services personnel, to provide necessary security services for them.
The Data Protection Act (1998) is the protection of any personal data that is in the possession of any organisation, business or government, and how this information is used or shared. There are a set of rules that must be followed called the Data Protection Principles.
The Information Commissioners Office (ICO) is in control of the data protection act, they judge whether organisations are using specific data responsibly, or whether they are being reckless with personal files, such as selling information. You can start a data protection business by helping individuals and businesses to secure their data.
With the rise in global insecurity, staying safe at all times is of paramount importance not just to you as an individual, but to everyone around you. The security industry is an integral part of our world especially in a period such as this when crime and terrorism are at an all-time high.
You can help ameliorate crime and earn some profit for yourself by starting a security alarm installation business. Even though security alarm installation is a technical business, that does not rule out the fact that an entrepreneur with zero skills can learn the trade within few months if they are smart.
A defense contractor (or security contractor) is a business organization or individual that provides products or services to a military or intelligence department of a government. If you have always wanted to have something to do with the military, irrespective of where you come from, then you may consider becoming a defense contractor.
Breaking into defense contracting requires going through a lot of red tape, and it can be difficult at first, but if you are motivated and able to obtain a security clearance, then there are many opportunities to be had in the defense industry.