There are many types of security companies, and each one has a different focus. When starting a security company, it is important to decide what services you want to offer. Some companies focus on one service, such as security guards, while others offer a variety of services, such as security systems installation and monitoring.
The market for security companies is growing, so there is demand for many types of businesses. However, if you want to start a security company, it is important to do your research and decide which type of business will best meet the needs of your customers.
An Overview of Common Security Companies
Security companies can offer more than security guards. They also offer software solutions, security systems installation and monitoring, K9 services, and patrolling.
Thanks to technology, the market for security systems installation and monitoring is growing rapidly as more people become concerned about crime and safety. The market is expected to grow by 18% over the next five years.
Your core service might be providing security guards but you can also offer:
- Home security systems
- Commercial security patrolling
- Industrial security monitoring
Security companies also break down into five main category types.
Types of Security Companies
The four main types of security companies break down into guard services, alarm providers, system integrators, private investigators, and bodyguards.
Let’s look at them in more detail.
1. Security Guard Companies
Security guard companies provide security guards to businesses and organizations. The guards may be armed or unarmed and may provide general security or specialized security services, such as guarding high-value items or protecting people or property.
2. Investigation Companies
Investigation companies conduct investigations for businesses and organizations. They may investigate criminal activity, employee misconduct, or breaches of contract.
3. Security Systems Companies
Security systems companies design and install security systems for businesses and organizations. They may sell alarm systems, video surveillance systems, or other types of security equipment.
4. Security Training Companies
Security training companies provide training to security guards and other security professionals. They may offer courses in basic security procedures, self-defense techniques, or specific types of security work, such as protecting a celebrity or guarding a nuclear facility.
You might decide to make security guard services your core offering.
5. Bodyguard Companies
Bodyguard companies provide security guards who protect people from physical harm. Bodyguards may work for celebrities, politicians, or other high-profile individuals.
Read more about how to start a bodyguard business.
Now that you know the types of security companies, let’s look at the types of security guard services they offer.
Types of Security Guard Services
Those who plan to stick to the core service of offering security guard services still need to pick the types.
The most common security guard types include:
- Armed security guards
- Corporate security guards
- Event security guards
- Hospital security guards
- Retail security guards
Responsibilities for armed security guards may include providing security for businesses and organizations, protecting people or property, conducting investigations, and providing training. Event security guards remain responsible for ensuring the safety of guests, employees, and property at events. They also monitor entrances and exits, patrol event sites, and respond to emergencies.
Retail security guards protect stores and other retail establishments from theft and vandalism. They may patrol the premises, monitor security cameras, and apprehend criminals. Some retail security guards also provide customer service, such as directing shoppers to items or answering questions.
How To Pick Your Security Company Services
It’s important to pick your services carefully when starting a security company. You want to make sure you’re providing a service that is in demand and that you can be competitive in. There is a lot of competition in the security industry, so you need to make sure you’re offering something that sets you apart from the rest.
Some things to consider when choosing your services:
- What types of security services are in demand?
- What do your competitors offer?
- Can you provide a unique service that will appeal to customers?
- Do you have the resources and personnel necessary to offer the service?
Once you’ve decided which services you want to offer, it’s important to create a business plan and marketing strategy. This will help you attract customers and grow your business.
There are a variety of security companies that entrepreneurs can start, each with its own unique services. The most common types of security companies include those that provide security guard services, private investigation services, and security systems installation and monitoring.
Before starting a security company, it’s important to consider what types of services are in demand and how you can be competitive in the industry. With the right planning and marketing strategy, your security company can be successful in providing much-needed safety and security to businesses and individuals alike.