Buy A Security Guard Company -
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.
Heavy reliance on the current owner’s personal relationships to keep contracts. buy a security guard company
: A mix of guards and remote camera monitoring. 2. Financial Due Diligence Don’t just look at the top-line revenue. Focus on: High employee turnover (over 100% is common, but
The security industry is fragmented. Decide if you want to focus on: buy a security guard company
: Check for pending litigation regarding use of force or wage disputes. 4. Valuation
: Ensure they have active General Liability and Workers' Comp.
: Acquiring a company often simplifies the complex state regulatory hurdles.