3
How to Start and Run Your Own Locksmith Business Starting your own locksmith business is not just about having a dream. It takes more than that to be your own boss. Servicing homes and cars, or a combination of the 2, as a locksmith can be a promising and lucrative small business. Though you have to invest some time and money in tools, such as lock pick sets and locksmith training, the profit could be well worth it. Here’s how to start and run your own locksmith business: 1 Determine the legal obligations for your locality. Some areas require licensing, bonding, certificate and insurance. Note that requirements may vary from one location to another. Even if they’re not required, licensing, bonding and certification add integrity and help to protect you from liability. You may ask your local government how to start a locksmith business legally. 2 Invest on locksmith training. A formal education is not always necessary. Note that there are vocational classes readily available that could help establish credibility and

How to Start and Run Your Own Locksmith Business

Embed Size (px)

Citation preview

Page 1: How to Start and Run Your Own Locksmith Business

How to Start and Run Your Own Locksmith Business

Starting your own locksmith business is not just about having a dream. It takes more than that to be your own boss. Servicing homes and cars, or a combination of the 2, as a locksmith can be a promising and lucrative small business. Though you have to invest some time and money in tools, such as lock pick sets and locksmith training, the profit could be well worth it. Here’s how to start and run your own locksmith business: 1 Determine the legal obligations for your locality. Some areas require licensing, bonding, certificate and insurance. Note that requirements may vary from one location to another. Even if they’re not required, licensing, bonding and certification add integrity and help to protect you from liability. You may ask your local government how to start a locksmith business legally. 2 Invest on locksmith training. A formal education is not always necessary. Note that there are vocational classes readily available that could help establish credibility and

Page 2: How to Start and Run Your Own Locksmith Business

hone your skills. Nonetheless, it will take some time to learn how to use the different tools and lock pick sets even if you choose formal training. Manuals, textbooks and practice kits are some sources for training as a locksmith. Hendon locksmith training courses, for instance, are taught by qualified and professional locksmiths who have been working in the industry for more than 15 years. 3 Practice your techniques. Learning how to pick different types of locks is one of the most challenging skills needed by a locksmith. Uxbridge locksmith, however, has many lock pick sets that offer practice locks to work on. Another skill that needs some time to learn is installation. Try installing deadbolts and other locks on your home, and volunteer to do it for family and friends to master. 4 Determine what areas you want to pursue. Car lockouts, home lockouts and commercial installations are some categories you can specialize in. Note that the one you choose will determine your marketing and advertising efforts and the type of tools you need. You may want to consider working as a car locksmith since this creates the most calls and income.

Page 3: How to Start and Run Your Own Locksmith Business

5 Invest on quality tools and supplies. These may vary by the type of call you’ll respond to. To name a few, you’ll need a generator, key duplicator, code cutting machine, lock pick sets, rekeying kits and lockout keys. Be sure to purchase your tools from established manufacturers. Research for reviews and seek advice from renowned locksmiths in choosing the right equipment. 6 Find a decent location. Though you can work out of your home or from the back of a van, note that a work office would generate more interest and enough room to store equipment. 7 Invest on a work vehicle. A van is ideal for transporting equipment and adding credibility to your locksmith business. Mark your vehicle with painting, vinyl decals or magnetic signs. Just be sure to display your phone number prominently. 8 Start by doing jobs for friends, family and neighbors. This is a good way of building word of mouth advertising, which is one of the most effective ways of selling your locksmith business.