Do you want to start a cyber security company from scratch? Or you need a sample cyber security monitoring business plan template? If YES, then i advice you read on.
Telecommunications as we know it today and especially the internet has going through different stages and phases of development. And as it is with everything that has advantage, there is also disadvantage.
One of the disadvantages that the telecommunication’s community all around the world is battling with is cyber insecurity, which can be in form of tapping of calls, monitoring of others’ emails or outright hacking into another person’s or organization’s website.
And the irony is that this is also or has also developed into a big industry with individuals, organizations and even state-sponsored agencies being perpetrators of the heinous act.
There are many individuals and companies who have fallen victims of these cyber crime perpetrators who would wish they knew how to prevent their information from being hacked into, but do not know how nor in most cases have the means to do so, because again, it can be expensive to do.
But a respite can be gotten from companies that are established for the purpose of fighting cyber insecurity. There is a challenge though, not many of such companies exist and a wide gap is still available to be field. Are you considering starting a cyber security monitoring company? What are the necessary tips you need to know in order to do so and succeed at it? Here are a few tips to help you get started…
Starting a Cyber Security Monitoring Company – Sample Business Plan Template
Table of Content
This is a highly technical field of human endeavor. If you are not already a player in this industry, you will need to do more to understand some of the technicalities involved. However, you may just be the initiator of the business and not necessarily the technician or engineer or the IT guru.
But even at that some information about happenings will help shape your understanding and give you a good background upon which to base your decision to start the business. The information you need during your research should not just be limited to technical details of a cyber security company but to running business generally.
A business plan is the life wire of the business, where the plan goes there the business will go. The cyber security business plan should contain all the details about every aspect of the business. Vision, mission, objectives are necessary. All the needs to start should also be captured in it.
Then the financials are the most critical especially for the purpose of getting the attention of prospective investors or the banks. It will do you a world of good if you involve someone who has technical knowledge of the InfoTech and telecoms industry and business in developing the business plan alongside the consultant you might choose to work with.
Now that your business plan is ready you need to go and pitch to investors. Present your plan to then to raise the needed start-up capital. Do not forget that investors are particular about the financials of the business as this will show them whether your idea is worth investing in.
But if the scale at which you want o operate is not large at the initial stage then you may not need the investors. However, when the time for expansion comes you may still have to present a detailed business plan that shows the state of the business
4. Get Office Space and Equipment
As an information technology company, you are going to require a lot of high-tech gadgets for operations. The office space should be designed with a lot of care taking into account all the gadgets and wires and connections for computers and internet facilities.
This is not a regular, everyday office. It might be necessary to visit other such companies to see how they are laid out. The location of the office space is equally important. You may need to site it far from where a lot of people are clustered.
If I say you should hire ‘nerds’ don’t take it as derogatory. Yes that is how most people see computer freaks. And really you need them as members of staff. A point of warning though, they are not your regular workers. They don’t know how to work within regimented times. They like freedom and opportunity to use their initiative when working. What you mostly need to look out for when hiring is their passion and experience. These guys hardly wear ties – take note.
But then there are other support staff members that you need to employ – drivers, office managers, accountant(s), administrative manager, Human Resources manager and so on. Again because this is a highly technical sector, working with a consultant or referrals might be necessary to get the people you need as staffers.
6. Get the Required Permits and Licenses
You must do all necessary registrations and get the permits before you start operations. Register with the various regulatory bodies in your country or state of operation as not doing so might work against you later because of taxes and levies, which filing may not be possible if you are not registered.
7. Have a Website
Definitely this line of business has to be online 24/7. Almost all your technical staff should be connected to the internet 24/7. Your own company website must be very active with enough space to accommodate all the different clients you will be serving by monitoring their own websites and other online information platforms.
There are numerous media platforms you can use to advertise your business. Of course the internet is critical in this regard for a business such as this. Then there are several publications that focus on information technology. Use them to advertise what you company is about and what you do.
Attend related events where you can showcase your company and what you can do and if possible do a lot of demonstrations to convince prospective clients. Give out brochures and other publicity/advertising materials with detailed contact information.
If you follow the steps highlighted above you are good to go and start a cyber security monitoring company.