Sometimes out of negligence or security we need the
services of a locksmith. Locksmiths provide two essential services unlock doors
or provide sturdier locks.
They generally operate as sole proprietors and do lots of
out-call at all hours of the day. While some prefer working the night shifts
because it is more financially rewarding.
The job is highly rewarding and an established locksmith
makes about $5000 monthly. An entrepreneur interested in the business should
learn the trade. The business is practicable from home, large or small scale.
Types
of Locks and Tools
Locksmiths work with different kinds of locks and tools.
Some common locks they might encounter are listed below.
- They deal with combination locks
- Lockouts
- Recombination keys
- Master keying
- Locksmith carry out lock installation
- Take care of automobile lock outs
- High security installations
- Vaults
- Door locks
- Padlocks
How
to Start a Locksmith Company
Startup costs are relatively low and the business
lucrative. Locksmiths are in high demand providing essential services.
People that need the services are those locked out of their
homes and for better security. Plan to succeed by writing a locksmith business
plan.
Locating
the Business
The office should be centrally located for better
efficiency. Lease a property that has a good storage area, shelves and
reception. Purchase office equipment such as printer, computer and dedicated
telephone line.
Learn
the Trade
You need comprehensive training as a locksmith. Attend
vocational training classes, read books and manuals.
Attend practical training workshops and online courses.
You need lots of practical experience so join and apprentice program.
Locksmiths generally learn how to install deadbolts, key
locks and pick locks. Areas of specialization include residential locks,
industrial locks and automobile locks.
Buy
Equipment
Some locksmith equipment's are lock picks, different
locks, key kit. Others are key duplicators, key cutting equipment, and
generator.
Purchase equipment inline with your area of
specialization. A large percentage of work is done outside the office 99%.
So you need a mode of transportation. Buy a secondhand
vehicle for out-calls.
List
of Equipment
- key- coding machine
- key blanks
- voltmeter
- copies
- key-duplicating machine
- drills
- screwdrivers
- micrometer
- spare keys
- lock picks
- 10/2 volt outlets
- padlocks
Staff
A locksmith could work alone or hire a secretary to
receive calls. You could partner with a dispatch center for better efficiency.
Some locksmiths work late into the night which is very
stressful. Try to define your work hours and stick to it.
What
are your Charges?
The charges aren’t cheap and customers sometimes feel
cheated. Find out what your competitors are charging and create a reasonable
price chart.
What
are the legal requirements?
Register the business name and get insurance cover. The
legal requirements to operate your trade differ from each state, county and province.
Find out what is obtainable in your own locality. Once
you have acquired a permit choose a locksmith specialization.
You could focus on automobile locks or residential homes.
Determine your organizational structure for better efficiency.
Marketing
Considerations
Network with local businesses in your area and use
electronic or print media to reach customers. Build a targeted website to
attract local patronage.
Talk with door retailers in your area for referrals. Other
methods include adding your company profile in directories and yellow pages.
Try to secure commercial accounts for regular jobs.
Conclusion
Technology constantly improves so you need to stay
abreast of the game. Purchase quality equipment and provide good service.
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