How to Start a Security Consulting Business

by Maggie Gebremichael; Updated September 26, 2017
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Security consulting based businesses can handle various duties and responsibilities. Depending on your location, you might find opportunities related to domestic terrorism, physical security system features or securing internal documents and proprietary software. While it helps to have industry experience, you can gain familiarity by completing security classes and attending trade shows like ISC West.

Step 1

Decide your company’s goals and services (loss prevention or shoplifting, security risk assessment, security training). If you might concentrate on physical security systems and help establish remote surveillance units. You even could test a store’s loss prevention controls and make improvement suggestions.

Step 2

Assess industry standards by evaluating your competitor’s services. Also review developments like innovative software technology. For example, if you establish a crowd management security (at stadiums, arenas, universities), be prepared to manage ticket taking, ushering, parking and physical security.

Step 3

Examine applicable regulations like the federal Electronic Communications Privacy Act. Another important law involves federal Wiretap Statutes that prohibits you from eavesdropping or intercepting of email and phone calls without consent.

Step 4

Develop a resource directory that identifies local reliable companies and. For example, gather contact information for three to four licensed contractors that you have screened (background checks) and can handle security system installation.

Step 5

Advertise such as by scheduling meetings with security decision makers or giving speeches throughout your area to introduce your company. Highlight advantages, such as continuous technical support and significant cost savings.

Tips

  • Purchase sufficient insurance to protect your company’s assets. Consider registering as a limited liability company (LLC). If you operate as a sole proprietor or one-person consultant company, your personal assets are at risk.

Warnings

  • Consult with new clients and search for leaks, cyber attacks or other problems before disclosing prices.

About the Author

Maggie Gebremichael has been a freelance writer since 2002. She speaks Spanish fluently and resides in Texas. When she is not writing articles for eHow.com, Gebremichael loves to travel internationally and learn about different cultures. She obtained an undergraduate degree with a focus on anthropology and business from the University of Texas and enjoys writing about her various interests.

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