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I own a GE Security Pro dealership. We are an IL licensed electronic security company. Security as in alarm systems, access control, video surveillance, weapons detection etc. Alot of times when I say security, people think I'm mean financial "securities".
I have 2 large scale installations going right now. One is for a regional department store and the other is for a mass transit district. Talk about stress.
The best advice I can give anyone is to make sure you have enough money backing you. Either a bank line of credit, business loan or savings. I started this company 2 years ago on two nickels and alot of prayer. It's been rough, but it's grown quite alot and sales have tripled this year. We were able to land several medium to large jobs within a few months. Only by the grace of God.
I had several years experience ( I worked in sales for a large international security company) and a brother with 15 years project management experience. It's very important that you have real world experience in the business you choose to start. It also makes it a bit easier to get financial backing.
Also, if there is a chapter of SCORE near you check them out. SCORE is a national group consisting of retired businessmen who offer FREE advice to start up businesses. There located at your local chamber of commerce. Everone starting a business should consult with them. They can help you with a business plan which is essential for financial assistance. The chamber of commerce can also point you in the right direction to get a loan from the SBA.
There's nothing like working for yourself. There's risk of course, but if you are successful it's all worth it.
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