Before you decide to jump into the security industry, it is a good idea to explore what security business ideas you can try. This gives you enough knowledge to find your niche and build a core audience that is loyal and repetitive.

If you have decided to run a security company, but do not know which security services to provide. We have you covered. Even if you are looking to expand these successful business ideas are a good place to start. Any successful security company knows when they have to expand to get more business.

With security being a top concern for both individuals and businesses, there’s a rising demand for professional security services in 2024. Whether it’s protecting homes, businesses, events, or even cybersecurity, security companies have many opportunities to explore. Here, we break down some of the key types of security services you can consider if you’re looking to start or expand your security business. You can use these security business ideas to expand your company and get more clients.

1. Residential Security Services

As crime rates fluctuate, homeowners are increasingly looking for ways to secure their properties. Residential security services offer peace of mind by protecting homes from burglaries, break-ins, and other security threats. These services include patrols, alarm system monitoring, CCTV camera installation, and access control.

Guards can either be stationed at a fixed location, such as the entrance of a gated community, or provide mobile patrol services around the neighborhood. Having trained personnel to respond to alarms or unusual activity helps to deter crime and quickly address potential threats. With many families investing in home security, this area is an ever-growing market.

2. Commercial Security Services

Businesses need security for various reasons: protecting assets, ensuring employee safety, and managing crowd control in places like malls or office complexes. Commercial security services provide trained guards to monitor the premises, prevent unauthorized access, and respond to any incidents.

Services offered to commercial clients can vary greatly based on the type of business and its specific needs. For example:

• Retail stores might need guards to prevent shoplifting.
• Offices might require security for employee safety and visitor management.
• Industrial complexes may need patrol services to secure the perimeter and ensure the safety of the workplace.

With the wide variety of businesses requiring protection, commercial security services can be tailored to each client. Making it a versatile option for a security company. And to be the best security business service in the industry, it is always good to start here.

3. Event Security Services

Large events such as concerts, festivals, sports games, and corporate events often need well-trained security teams to manage large crowds and maintain safety. Event security services focus on controlling access to the venue, managing crowds, responding to emergencies, and preventing disruptions or illegal activity. This is a good security business idea as it allows you the flexibility to choose which type of security you would like to provide. It also allows you enough time to try out different things in between.

Security officers for events are often trained in crowd management and conflict resolution to maintain a safe environment. Given that events can attract thousands of attendees, the need for skilled event security is essential for keeping things orderly and secure. It’s a specialized area of security that requires careful planning and coordination with event organizers.

4. Cybersecurity Consulting for Businesses

With the world becoming more digital, cybersecurity is more critical than ever. Cyberattacks can lead to data breaches, financial loss, and damage to a company’s reputation. Cybersecurity consulting services provide businesses with strategies to protect their digital assets.

These services may include assessing security vulnerabilities, implementing protective measures (like firewalls and antivirus software), and training staff on best cybersecurity practices. Businesses are willing to invest in cybersecurity services to safeguard their sensitive data, making this a highly profitable niche in the security industry.

5. Executive Protection and Bodyguard Services

Executive protection services cater to high-profile individuals who may need personal security. This includes corporate executives, celebrities, politicians, and other individuals who could be at risk of harm or harassment. These bodyguard services often involve accompanying clients to public events, securing their homes, and providing travel protection.

These security personnel are trained to identify potential threats, plan safe travel routes, and respond quickly to emergencies. The ability to provide discreet yet effective protection is critical, as many clients seek security that does not disrupt their daily activities.

6. Private Investigation Services

Private investigation services focus on gathering information for individuals, businesses, or legal professionals. This could involve background checks, locating missing persons, gathering evidence for legal cases, or investigating fraud. Private investigators must have excellent observational skills and often use a combination of surveillance techniques, interviews, and background checks.

Starting a private investigation business requires special licenses, training, and equipment. It’s a highly specialized field, but there’s a constant demand for private investigators across various industries.

7. Mobile Patrol Services

Unlike stationary guards, mobile patrol services involve security personnel moving around a specified area to monitor and secure the premises. This type of service is popular for both residential and commercial properties. As it offers a visible security presence that can quickly respond to any incidents.

Mobile patrols can be conducted on foot, bicycle, or in vehicles, making it a flexible service for various locations like neighborhoods, construction sites, and business complexes. The presence of mobile patrols acts as a deterrent to criminal activity, making it a valued security service.

8. Security Consulting Services

Security consulting involves working with clients to assess their security needs, identify vulnerabilities, and recommend the best solutions. Whether it’s advising on alarm systems, CCTV cameras, cybersecurity, or access control, consultants help clients make informed decisions on how to improve their security.

Security consulting can be specialized based on the client’s needs, whether for residential security, commercial properties, or event security. Consultants must stay up-to-date on the latest security trends and technologies to provide the most effective advice.

9. Security Training Services

As the security industry grows, there is a need for well-trained security personnel. Security training services provide courses to teach guards the necessary skills to do their job effectively. This could include training in areas like first aid, conflict resolution, emergency response, and how to operate security equipment.

Providing training services not only helps to improve the quality of security personnel but can also be an additional revenue stream for security companies. Many businesses require their guards to undergo certified training, making this a valuable service to offer. You can try your hand in this sector if you wish to try both - security and business services.

10. Security Equipment Sales and Installation

Aside from physical guards, many clients look for security equipment to protect their properties. Security equipment sales can include alarm systems, CCTV cameras, access control systems, and other protective devices. Offering installation and maintenance services adds further value and convenience for clients.

The rise in smart security solutions, such as smart cameras and digital access control, makes this a profitable business in the security sector. Clients often prefer a one-stop shop where they can purchase, install, and maintain their security equipment. This has come under a good type of security business service that you can offer, as the demand is increasing.

What’s Next? 

Novagems is a comprehensive workforce management software designed for security businesses and other industries with similar needs. The platform offers tools for scheduling, GPS tracking, incident reporting, and real-time communication to help security companies streamline their operations and improve the efficiency of their guards. By using Novagems, security companies can ensure guards are at the right locations, track their patrols, respond quickly to emergencies, and optimize daily tasks.

Some key features of Novagems include:

• Automated Scheduling and Shift Management: Easily create schedules for guards, avoiding conflicts and ensuring all sites are covered.
• Real-Time GPS Tracking: Monitor the location of your security guards to keep them safe and ensure they’re following patrol routes.
• Incident Reporting and Alerts: Guards can report incidents quickly through the app, allowing for fast response and documentation.
• Task and Activity Management: Assign tasks directly to guards and monitor their progress, helping to keep everyone on the same page.

Conclusion

With various security needs emerging in both the physical and digital world, the types of security business services available in 2024 are diverse and adaptable. Even if you are just learning “how to start a security business” there are plenty of opportunities for security businesses to grow and thrive. By offering the right mix of services and staying up-to-date on the latest trends, security companies can meet the evolving needs of their clients and provide comprehensive protection in an ever-changing world.