Security Guard Business Plan Leave a comment

Opportunity

Problem

In the current political climate, with increasing fears of terrorist activity, and the current economic climate, which promises an upswing in general and in outsourced services especially, this business is launching at the right time. To establish a strong client base in Coastalburg, the business will first target large retail stores as well as building management companies.

Solution

Batten-Hatchez Security will remove worries for clients who require security guards for their buildings, facilities, and events by providing excellent customer service for clients and in-depth training for their employees.

Market

[Note that marketing information is not current; they are included solely for illustration. Dates have changed.

IBISWorld reports that there were 41,000 security companies in the U.S. with 56,000 employees. Based on these numbers, the average firm size was $700,000. This means that there are both smaller and larger firms in this industry. The capital investment required to start a business is low and there are very few barriers to entry. The supply of labor is crucial for this industry, which often uses retired police officers as security personnel.

As security guard services are sold business-to-business, marketing and advertisement is generally targeted on the markets and industries the security companies seek to serve. Companies usually search for security guard companies on the Internet, or via referrals from others they trust.

Competition

[Note – Marketing info found here is out of date. Dates have been modified.

Top players in the industry include Securitas AB, Allied Security LLC, The Brink’s Company, and G4S plc. Many large players provide services for a vast range of markets, including governments as well as chemical and/or petrochemical colleges and universities, commercial and financial institutions, medical facilities, health care centers, manufacturing and industrial, residential areas, shopping centers, and temporary protection services.

Why Us?

Batten-Hatchez Security is a security company that will take away the worries of clients who need security guards to protect their facilities, buildings, and events. They provide excellent customer service and extensive training for their employees.

Expectations

Forecast

The business expects to see respectable sales of within the first year. This will almost double by year three. Based on the ratio of guard labor costs to billings, gross margins will be comparable to the industry average. After the initial investment and launch, a lean first year, and the establishment of an office and training space in the second year, the business will be poised to expand through its own financing after three years. If the business proves to be replicable in additional cities it could be sold to make way for the original investor and the founders.

Financial Highlights per Year

Finance is required

The $76,700 investment will be as follows

Louis Giordano $15,000

Jared Case $15,000

Unspecified family/friend investment of $46,700