1. Security is an important field, and companies and businesses turn to brands they can trust to carry out their security needs. Security franchises are perfect in this aspect as they are already an established and trusted brand with a record of success and reliability. Security franchises are a top choice for business owners seeking to secure their property.
2. The global security services industry is estimated at $117 billion. The global revenue of the global security technology and services market is projected to reach $96.3 billion in 2018. The annual revenue for the United States' security services industry was estimated at $34.
3. Security franchises typically encompass businesses that install burglar prevention devices, motion sensors, door locks, security cameras, and other surveillance devices that may be monitored remotely by the franchise. Other safety precautions include water, smoke, and gas sensors. Other franchises may specialize in computer and cyber security.
4. The security franchise industry is recession resistant. Business owners need security services no matter what the economy because security is an essential need when operating a business.
5. Military veterans are a great fit for the security industry. Veterans have shown great discipline and have a willingness to help others. Prospective franchisees with backgrounds in law enforcement, military, or security will excel as a security franchise owner. Many security franchises also offer incentives to military veterans, active duty military, and law enforcement retirees, typically covering a discount on the initial investment or the franchise fee.