Buy A Security Guard Company Info
: Acquiring a company often simplifies the complex state regulatory hurdles.
High employee turnover (over 100% is common, but 200%+ is a warning). Expired guard cards or missing state certifications. Under-the-table payments to staff. buy a security guard company
: Hiring and vetting guards is the hardest part of the business. : Acquiring a company often simplifies the complex
Heavy reliance on the current owner’s personal relationships to keep contracts. buy a security guard company
Buying a security firm is ultimately a "people business." Success depends on your ability to manage a remote workforce and maintain high service standards to prevent contract churn.
: A mix of guards and remote camera monitoring. 2. Financial Due Diligence Don’t just look at the top-line revenue. Focus on:
: Does one client make up more than 20% of revenue?