Business At A Glance
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
There are various approaches that can betaken when starting a security alarm business. The first is to sell andinstall alarms that are monitored; the second is to sell alarms forresidential and commercial applications that are not monitored.
Thethird approach is to sell security alarm packages to the do-it-yourselfhomeowner for self-installation. All three approaches have thepotential to pay off big in terms of business profits. However, thebest approach is to sell and install residential and commerciallymonitored alarms, which can generate an ongoing residual income by wayof monthly alarm monitoring fees, paid by the home or business owner.
The first option is the most capital intensive of the three businessesto start, but it also has the potential to return the highest profits.Whichever approach is used to start and establish a security alarmbusiness, one thing is for sure; crime is not going away, making this agreat business opportunity to pursue. Note: Government licensingrequired.