Security business

[Gsquad]

Hi guys hope all is well
I’m in my 30s and I have always wanted to start a own business I have a entrepreneur mindset I use to sell t shirt back in the days and now I want to start my own security business any advice on how I can given get my foot through the door.

 

[fisicx]

Hi @Gsquad and welcome to UKBF

What sort of security business? Bouncers on nightclub doors? Watchmen at a building site? Fencing and CCTV installation? Technology solutions? Locksmithing?

It's likely you will need this before anything else:

Security Industry Authority

We are the regulator of the UK’s private security industry. SIA is an executive non-departmental public body, sponsored by the Home Office .

www.gov.uk

 

[Gsquad]

Door man for night clubs

 

[fisicx]

Then you definitely need the SIA. They are the regulatory body for door staff.

It's also highly competitive and you may struggle to find placements as almost all locations will already have door staff.

 

[Mark T Jones]

A little bit of insight to why you have selected this business might help us to guide you.

It's what is described as a 'mature industry ' - what is your differentiator?

 

[Frank the Insurance guy]

Then you definitely need the SIA. They are the regulatory body for door staff.

Insurers will insist on it. And your client's will insist you have Insurance!

 

[Gsquad]

I have a sia badge it was pretty easy to get it’s just getting the contract. And the reason why I chose this field it’s cost effective and it will open the door for other businesses I wanna do

 

[Gsquad]

A little bit of insight to why you have selected this business might help us to guide you.

It's what is described as a 'mature industry ' - what is your differentiator?

This is a really good question mark. It’s really cost effective and it will open the door for others things I wanna do

 

[Mark T Jones]

This is a really good question mark. It’s really cost effective and it will open the door for others things I wanna do

I'm liking the pun, but the logic is lost on me

What do you mean by 'cost effective'? Amongst other things you will have horrendous cashflow as your staff will want paying weekly and you customers will pay on their own terms.

 

[Gsquad]

I'm liking the pun, but the logic is lost on me

What do you mean by 'cost effective'? Amongst other things you will have horrendous cashflow as your staff will want paying weekly and you customers will pay on their own terms.

What I mean by cost effective it won’t cost me much to start it up. Unlike other businesses u may have to put in few hundred

 

[Shopclicks]

What I mean by cost effective it won’t cost me much to start it up. Unlike other businesses u may have to put in few hundred

Well at least you won't have wasted too much money when you realise you have a job as a doorman. That's brilliant!

 

[Mark T Jones]

What I mean by cost effective it won’t cost me much to start it up. Unlike other businesses u may have to put in few hundred

You really need to give more insight if you want meaningful answers

Why will doormen work for you rather than established operators?

Why will clubs (or whatever) use you rather than established operators?

How will you pay them?

What insurance will you have?

What training will you provide?

These are all money questions BTW

 

[fisicx]

What I mean by cost effective it won’t cost me much to start it up. Unlike other businesses u may have to put in few hundred

It's going to cost you a lot more than that. Getting the contracts means lots of schmoozing and expense

 

[Gsquad]

Hi guys just wanted to let u guys know I have started my business and I have already got 3 clubs that I’m working with.

 

[Shopclicks]

Hi guys just wanted to let u guys know I have started my business and I have already got 3 clubs that I’m working with.

How many employees?