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Starting a Private Security Company - Business Loans
by Bravo-6, Window Shopper
- Created: June 15, 2012, 3:26 pm
As you can see by my profile info, I am trying to start a private security
business. I used to work for a Security company until I found they were
breaking laws left and right to save money (at one point the did not pay me
the overtime I worked for them in addition to making me work illegal shifts
according to labor laws). I had found out the were not following State or
Federal Level laws in regards to required registration and training's. My new
found purpose is to start a Private Security Company that not only can be
reputable but can get contracts based on the reputability and explicit
qualifications (federal level Licensing and training's in addition to
professionalism through Certifications). Unfortunately, most security
companies I have seen are breaking laws to stay cheap (i.e. Not registering
their employees as Guards and receiving guard cards for the main purpose of
saving money). My goal is to start the company and get contracts on the basis
of being ethically sound and trustworthy. My personal belief is that you will
get more contracts (and make more profit) if you remain lawful and
trustworthy. Integrity is key. My question is how to do so. What do i need to
start doing to get loans and how should i right my Business plan? Where
should I look for loans and how can I make my business plan stick out
compared to all the other Private Security Companies out there? Any advice
would be immensely appreciated.
SBA Community

albertjohnson | Window Shopper | 4/1/2013 - 10:33 pm
My advice would be to try and work for a company for a couple of months to
get the feel of how the businesses is run. Many people are hopeful when
attempting to operate a security business unfortunately being a guard is
nothing like running the day to day operations. Start by working in the
office side of the business and it will open your eyes to a lot of new
things. And if you need help feel free to ask.
bizplanhelper | Window Shopper | 6/18/2012 - 6:42 pm
business totally ethically and with integrity.
I'm sure that attitude will go a long way in your success. And it sounds like
you have plenty of experience in your chosen field. That is a big requirement
with the SBA and bank lenders. The other requirement (no matter who you go to
for funding) is the all important business plan. Seems like you know that
too. You're already way ahead of the game just knowing what you need.
Most new entrepreneurs don't know how to write their own business plans, but
they can't afford to pay the thousands of dollars it usally costs. I would
love to help somebody like you to succeed. (See my signature for more info.)
kmurray | Community Moderator | 6/16/2012 - 10:51 am
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