CAN ANOTHER SECURITY CO IN SOUTH AFRICA WORK?

April 20, 2020 Hansie Britz

                          

Basically, a private security company is any company that provides both armed and unarmed security related services and expertise to both private and public clients at an agreed fee. The security industry is an integral part of our world especially in periods such as this when crime and terrorism has been taken to an all-time high.

More and more businesses look for ways to keep their properties and interests safe from violence, robberies, and other crimes. With security concerns rising in South Africa , there are more business opportunities opening up for entrepreneurs who want to start their own security company.

HOW TO START SUCCESSFUL

1. Decide on what type – When starting a security company you should pick a category of services that will fit in with your target market. Do not start offering an entire gamut of services for which you do not have sufficient funds and other resources. It is very important to pick the right type of security business you want to start.

2. Get Permits and Licenses – You will need some crucial licenses and permits to operate your security business successfully. You also need to be registered with PSIRA and complete their training for all security staff.

3. Business Logo – Your business symbol plays a crucial role in building a brand identity of your company. Therefore, ensure that the logo design of your security business start – up is unique, memorable and stunning.

4. Business Plan – Your  business plan should give a clear picture of the market and your customers. Furthermore, it should tell how you would be moving forward in establishing your security business. If you struggle in this area rather get help from a professional business plan consultant.

5. Secure Income – Security companies tend to have a range of prices, depending on the services they’re offering. The best way to ensure a stable monthly income is to obtain security contracts that will include both short and long – term contracts from established businesses, government, local government etc.

The average private security company can go as far as providing advanced special operation services for special clients when they demand it.

NEED TO KNOW MORE OR NEED A WELL STRUCTURED, BANKABLE BUSINESS PLAN CONTACT US NOW FOR PROFESSIONAL HELP AT: (27)84 583 3143 OR EMAIL: money@global.co.za