Starting a Security Company in Georgia | A Step-by-Step Guide

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Georgia Security Company

Starting a security company can be a lucrative business opportunity in Georgia, especially in today’s world, where the demand for security services is rising. However, Georgia requires careful planning, a thorough understanding of the industry, and diligent execution to ensure success. This article will provide a comprehensive guide on how to Start a Security Company in Georgia and help you navigate the various steps involved in setting up your own Limited Liability Company.

Webinarcare Editorial Team will help you gain knowledge through thorough research and market study. Before starting your Georgia security company, all the steps in this article must guide you.

How to Start a Security Company in Georgia

What is a Security Company in Georgia

A security company in Georgia is a business organization providing varying protection services to individuals and other businesses. These services can range from personal protection, akin to bodyguard services, to security systems for large corporations. Such companies aim to safeguard their clients’ assets by mitigating potential threats and breaches. State laws regulate them; they must obtain appropriate licenses and certifications before starting their operations.

To start a security company in Georgia, one may form a Limited Liability Company (LLC). Setting up an LLC in Georgia adds credibility to the business, protects personal assets, and often simplifies tax filing processes. With an LLC, the company’s assets and liabilities are separate from those of its owners. Therefore, the owner’s personal property cannot cover the company’s debts.

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How to Start a Security Company in Georgia

To form an LLC for a security company, there are various steps you need to be aware of, especially if you will form it in Atlanta. Here are the necessary steps and proper guidelines for starting a security company. 

Step1: Research the Market and Competition

Before starting a security company, studying the market and competition in Georgia is essential. This will give you a better understanding of the existing security companies, their services, and their target clients. You can use various resources such as the internet, local business directories, and networking with security professionals in your area.

While researching the market, focus on identifying the demand for various security services, such as armed or unarmed security guards, alarm monitoring, and security systems installation. This will help you determine the type of services your company will offer and the target audience.

Step 2: Develop a Business Plan

A well-thought-out business plan is crucial for starting a security company in Georgia. The business plan should outline your company’s goals, target market, services, marketing strategies, and financial projections. It should also include an analysis of the competition and potential challenges your company might face.

A solid business plan will help you stay organized and focused on your objectives and will also be required when seeking financing or investment for your security company.

Step 3. Choose a Business Structure

When starting a security company in Georgia, you must choose a business structure that best suits your needs and meets the legal requirements. Here are the most common business structures to consider:

Sole Proprietorship

This is the simplest business structure, where you, as the owner, have full control over the business and are personally responsible for all debts and liabilities. This may be suitable for small security businesses with minimal risk exposure.

Partnership

Starting a limited partnership or general partnership in Georgia is also an ideal business structure since it is owned by two or more individuals who share the profits, losses, and responsibilities. This can be a good option if you’re starting a security company with a partner and want to share decision-making and financial responsibilities.

Limited Liability Company (LLC)

An LLC combines a corporation’s and a partnership’s benefits. Owners, called members, have limited personal liability for the company’s debts and actions while also enjoying flexible management options. This is a popular choice for small to medium-sized security companies, as it provides some protection for personal assets.

Corporation

A corporation is a separate legal entity owned by shareholders. It provides the most protection from personal liability but also involves more regulations, paperwork, and costs to set up and maintain. Corporations in Georgia are typically more suitable for larger security companies with multiple employees and substantial assets.

When starting a security company in Georgia, consult with a Business Attorney in Georgia to determine the most suitable business structure for your specific needs and goals. We recommend to start an LLC since it offers limited liability protection for your business.

– WEBINARCARE EDITORIAL TEAM

Step 4: Register Your Business

Once you’ve chosen a business structure, register your security company with the Georgia Secretary of State. This typically involves filing the necessary paperwork and paying a registration fee. Here are the things you need to apply for or hire to register your Georgia security company.

Choose a Name

Choosing a name for your Georgia security company is important in establishing your brand identity and reflecting your services. Here are some tips and suggestions to help you choose a name:

  • Keep it Simple and Memorable: Choose a name that is easy to pronounce, spell, and remember. This will make it easier for potential clients to find and remember your company.
  • Incorporate Keywords: Including words related to security, safety, or protection in your company name can help potential clients understand what services you provide. Some examples of keywords are “guard,” “patrol,” or “surveillance.”
  • Reflect on Your Niche: If your Georgia security company focuses on a specific niche, such as residential, commercial, or event security, consider incorporating this into your company name.
  • Consider Using Your Location: Incorporating the name of your Georgia or a specific city or region can help potential clients identify your company as a local business and establish a connection to your service area.
  • Check for Availability: Before settling on a name, ensure it is not already used by another security company in your area or registered as a trademark. You can check the availability of a name by searching the Georgia Corporations Division‘s website and the United States Patent and Trademark Office (USPTO) website.

Based on these tips, here are some sample names for a security company in Georgia:

  1. Georgia SecureGuard Services
  2. Georgia Sentinel Protection
  3. SafeShield Security Georgia
  4. Georgia Premier Patrol
  5. Georgia Homeland Security Solutions
  6. Georgia Watchtower Security Services

Remember to choose a name that reflects your company’s values, services, and target market while being unique and memorable. There is a complete guide on Georgia Business Name Search for you to have a proper Georgia security company name. 

In Georgia, if you do not wish to file your security company right away but want to hold the name that you have decided on, then you can reserve your security company name for 30 days. You must file a name reservation application with the Georgia Secretary of State to keep the name. 

You can register your business under a different legal name if your preferred name isn’t available. Once you have chosen a name, you can submit an application for Georgia DBA (doing business as). 

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Hire a Registered Agent

In forming a security company in Georgia, the role of a Registered Agent is crucial for ensuring compliance with state regulations and maintaining a line of communication with the state government. A Registered Agent is a person or entity responsible for receiving important legal documents, and government notices on behalf of your security company. Here are some key roles and responsibilities of a Registered Agent in Georgia:

  • Legal Document Reception: A Registered Agent receives legal documents, including lawsuits (also known as service of process), subpoenas, and other official correspondence related to your business. They promptly inform you of legal actions or requirements affecting your security company.
  • Government Correspondence: A Registered Agent receives official notices, correspondence, and documentation from the state government, such as Annual Report notifications, tax notices, and other compliance-related information.
  • Compliance Assistance: A Registered Agent will help your security company maintain good standing in Georgia by promptly notifying you of legal and compliance-related matters. This can be crucial for avoiding penalties, fines, or even the dissolution of your business.
  • Maintaining a Physical Address: A Registered Agent must have a physical street address (not a P.O. Box) within Georgia, where they are available during normal business hours to receive legal documents and government notices. This is particularly important for businesses that do not have a physical office location in the state or for out-of-state business owners.
  • Record-Keeping: A Registered Agent may also offer additional services, such as maintaining and organizing your business records, tracking filing deadlines, and assisting with annual report submissions. 

You can serve as your Registered Agent, appoint a friend or family member, or hire the Best Georgia Registered Agent Services.

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File The Articles of Organization 

If you form an LLC for your security company, you must file the Georgia Articles of Organization, which costs $100. It is crucial to provide accurate and complete information on this document, as errors or omissions may result in delays or rejection of your filing.

Create an Operating Agreement

An Operating Agreement in Georgia is a legal document outlining the ownership structure, management, and operating procedures of a Limited Liability Company (LLC). While not always required by law, having an operating agreement is highly recommended for security companies in Georgia to ensure clear communication and expectations among the owners.

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Obtain an Employer Identification Number

You must first obtain an Employer identification number (EIN) in Georgia from the IRS if you will open a bank account or hire an employee for your Georgia security company. 

The application of an EIN in Georgia can be through the following:

  • Apply Online- The online EIN application is the preferred method for customers to apply for and obtain an EIN.
  • Apply by Fax- Taxpayers can fax the completed Form SS-4 application to the appropriate fax number), after ensuring that the Form SS-4 contains all of the required information.
  • Apply by Mail- The EIN application Form SS-4 can be filed via mail. The processing time frame to receive the mail is four weeks.
  • Apply by Telephone-International Applicants – International applicants may call 267-941-1099 (not a toll-free number) from 6 a.m. to 11 p.m. (Eastern Time) Monday through Friday to obtain their EIN.

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Step 5: Obtain Licenses and Permits

Starting a security company in Georgia requires obtaining specific licenses and permits. These may vary depending on your location and the services your company will offer. Some of the common licenses and permits needed for a security company include the following:

  • Security Company License: This mandatory license allows you to operate a security company in Georgia. The requirements for obtaining this license may vary depending on your location but generally include submitting an application, paying a fee, and passing a background check. The cost of filing a security company license ranges from $100 – $500 (depending on the license type).
  • Security Guard Licenses: If your company employs security guards, they must be licensed in Georgia. This typically involves completing a state-approved training program, passing a background check, and paying a licensing fee.
  • Firearms Permit: If your company provides armed security services, you and your employees must obtain firearms permits. The requirements for obtaining a firearms permit in Georgia may include completing a training course, passing a background check, and paying a fee.
  • Business License: Georgia may require a Business License. The business license fee in Georgia ranges from $50 – $300.

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Step 6: Get Insured

Insurance is crucial to starting a security company in Georgia. You’ll need to obtain various types of insurance to protect your business and employees, including:

  • General Liability Insurance: To protect your company from claims of bodily injury, property damage, and personal injury resulting from your services.
  • Workers’ Compensation Insurance: To cover medical expenses and lost wages for employees who are injured on the job.
  • Professional Liability Insurance: To protect your company from claims of negligence or failure to perform professional duties.
  • Commercial Auto Insurance: If your company uses vehicles for business, you’ll need commercial auto insurance to cover accidents or damage.

You can apply for Georgia Business Insurance for your Georgia security company. 

Step 7: Hire and Train Employees

Hiring and training qualified employees is essential for the success of your security company in Georgia. When hiring security guards, look for individuals with previous security experience, military or law enforcement backgrounds, and strong communication skills.

Once you’ve hired your employees, you must provide them with the necessary training to perform their duties effectively. This may include state-approved security guard training programs, firearms training, specialized first aid, crisis management, and customer service courses. In addition, before hiring and training employees for your Georgia security company, you must obtain an EIN with the Internal Revenue Service.

Step 8: Invest in Equipment and Technology

Your Georgia company must invest in high-quality equipment and technology to provide top-notch security services. Some essential equipment for a security company in Georgia includes:

  • Uniforms and badges for your security guards
  • Firearms and non-lethal weapons (e.g., pepper spray, stun guns)
  • Security vehicles
  • Surveillance cameras and alarm systems
  • Communication devices, such as radios or smartphones
  • Computer hardware and software for managing your business operations

Step 9: Market Your Security Company

Effective marketing is essential for attracting clients and growing your security company in Georgia. Some marketing strategies include creating a professional website to showcase your services and expertise; printing and distributing business cards, brochures, and flyers; advertising online, in local newspapers, and on radio or television; offering discounts or promotions to attract new clients; networking with local business owners and community organizations; and participating in trade shows and industry events.

Step 10: Provide Excellent Customer Service

Providing excellent customer service is crucial for the success of your security company in Georgia. Strive to meet or exceed your client’s expectations by providing high-quality security services, addressing their concerns promptly, and maintaining open communication. You’ll build a strong reputation and encourage repeat business and referrals by consistently delivering exceptional customer service.

FAQs

What are the steps to start a security company in Georgia?
The steps to start a security company in Georgia involve registering the business, meeting licensing requirements, obtaining insurance and bonding, and hiring and training security guards.
What is the registration process for a security company in Georgia?
The registration process involves submitting a registration application to the Georgia Secretary of State’s office.
What are some licensing requirements for a security company in Georgia?
Some licensing requirements include completing the Georgia Peace Officer Standards and Training Council (POST) training program, submitting to a background check, and passing a certification exam.
Are there any education requirements to start a security company in Georgia?
Yes, individuals who want to start a security company in Georgia must complete the Georgia POST training program.
Who can legally own a security company in Georgia?
Anyone who meets the licensing requirements and has registered their business with the state can legally own a security company in Georgia.
What type of insurance does a security company need in Georgia?
Generally, security companies in Georgia need general liability insurance and workers’ compensation insurance to protect their employees and clients.
What are some common types of security services offered in Georgia?
Some common types of security services offered in Georgia include asset protection, event security, executive protection, and surveillance.
What are the main responsibilities of a security company owner in Georgia?
Some main responsibilities include ensuring that their employees are properly trained and licensed, providing oversight and direction to their team, and ensuring they comply with all laws and regulations.
Can individuals work as a security guard in Georgia without any previous experience or certification?
No, individuals who want to work as a security guard in Georgia must complete the Georgia POST training program and receive their certification.
Are there any restrictions on the types of weapons that security guards can carry in Georgia?
Yes, there are restrictions on the types of weapons that security guards can carry in Georgia based on state law and licensing requirements.
What are some common challenges that security companies in Georgia face?
Some common challenges include managing personnel, ensuring compliance with licensing requirements, and navigating the legal system.
How can a security company in Georgia stand out from its competition?
Some ways to stand out include focusing on areas of expertise, delivering exceptional customer service, and offering competitive pricing.
What is the salary range for security guards in Georgia?
The salary range for security guards in Georgia varies based on previous experience, training, and location.
How can I promote my new security company in Georgia?
You can promote your new security company in Georgia by networking, advertising, attending industry events, and adopting modern marketing strategies.
What type of training is involved for security guards in Georgia?
Security guards in Georgia must complete the Georgia POST training program, which covers topics like search and seizure laws, crowd management, ethics, and more.
In what cities in Georgia is there a high demand for security services?
Georgia’s larger cities, such as Atlanta and Savannah, tend to have higher demand for security services.
Can a security company in Georgia hire part-time security guards?
Yes, a security company can hire part-time security guards in Georgia.
How can a security company make sure that their guards are providing quality services?
A security company can provide regular training and supervision to their guards.
Can a security company in Georgia offer armed security services?
Yes, a security company can offer armed security services, provided they meet state licensing and regulation requirements.
What is the penalty for running an unlicensed security company in Georgia?
The penalties for running an unlicensed security company in Georgia include fines and possible criminal charges.
What type of permits are required for a security company in Georgia to conduct business?
Some permits required for a security company in Georgia to conduct business include a city license and a state business license.
What are some resources available to help start a security company in Georgia?
Some resources available include organizations like the National Security Association, state and local business development offices, and industry trade shows.
Can a security company operate in all of Georgia’s counties?
Yes, a security company can operate in all of Georgia’s counties, provided they meet the licensing and regulation requirements.
What are some common misconceptions people have about starting a security company in Georgia?
Some common misconceptions include the difficulty of obtaining a license, the cost of starting a security company, and the amount of liability insurance required.
What steps are required to start a security company in Georgia?
In Georgia, the first step to starting a security company is to obtain a Class B License through the Georgia Board of Private Detective and Security Agencies.
Who needs to have a Class B License in Georgia?
Anyone who wants to offer security services in Georgia – either armed or unarmed – must have a Class B license.
What are the requirements for obtaining a Class B License in Georgia?
Applicants for a Class B license must be at least 25 years old, have a high school diploma or GED, have a clean criminal record, and pass a competency exam.
How long does it take to get a Class B License in Georgia?
The application process can take several weeks or months to complete, depending on how quickly you can meet all the requirements.
How much does it cost to get a Class B License in Georgia?
The initial application fee for a Class B License in Georgia is $440, and there are additional fees for fingerprinting, background checks, and other requirements.
Can a convicted felon get a security license in Georgia?
If you have been convicted of a crime, getting a security license in Georgia may be difficult – depending on the severity of the crime – but it’s best to speak with an attorney to discuss the matter.
How many employees do I need to start a security company in Georgia?
There is no minimum number of employees required to start a security company in Georgia, though you will need to have enough staff to provide the services you offer and operate at your best beyond one person.
What kind of insurance do I need for a security company in Georgia?
Georgia law requires security companies to have liability insurance, workers’ compensation insurance, and, if they have armed guards, they need to purchase bonding insurance.
Do I need any training to start a security company in Georgia?
Certification and ongoing training are usually required for all security personnel, including owners of security companies; some security training schools in Georgia also truly offer owner-manager training programs to persons wishing to establish a private security business.
Do I need any experience to start a security company in Georgia?
Although experience is helpful for company owners starting a security company in Georgia, there are no minimum requirements.
What types of security services can I offer in Georgia with a Class B License?
You can provide any type of unarmed security services, as well as certain armed security services subject to certain conditions.
How do I get contracts with clients in Georgia as a security company?
Networking, teaming up with other complementary companies and doing business-to-business (B2B) sales pitches are the most common ways security companies win clients.
What is the revenue-per-employee ratio for a Georgia security company?
As per a report uploaded on owlcybersecurity in August 2017, security consulting firms that have revenues between $1 million and $5 million in Georgia generate around $385,000 per employee.
What marketing channels can I use to promote my security business in Georgia?
Word of mouth is the most vital marketing channel, followed by a website, organic SEO search, advertising, and attending industry trade shows.
Can I provide any other services beyond security, with my Class B License in Georgia?
Generally, a license-specific, yes–qualifiable only if the Academy agrees that a specific service can complement security expertise.
Can I carry a gun while working as a security guard in Georgia?
Unarmed security Guards cannot legally carry a gun in Georgia, but armed guards must significantly undergo weapon certified and properly licensed procedures and drills.
How many hours per year do security officers need to complete for ongoing training in Georgia?
16 hours per calendar year for unarmed guards, as for armed guards — it is 8 hours annually of continuous training.
How long do I need to work in the security industry before starting a security company in Georgia?
There is no minimum amount of time you need to work in the security industry before starting your own company—in Georgia or anywhere.
Can I operate a security company from home in Georgia?
Yes. It would help if you had a designated business office/home office where clients can contact you concerning purchasing a security service.
Do I need to submit fingerprints with my application for a security license in Georgia?
Yes; The Georgia Bureau of Investigation requires Electronic Fingerprinting in lieu of a previous record for history-review purposed of aspiring security company owners before becoming licensed.
Can a non-GA resident own a security company in Georgia?
Yes. Non-GA residents can start, own, and operate a security company in Georgia, However, by Georgia Corporations Laws, Georgia requires that a business owner needs to have a registered agent that is listed through a court of provincial from authorities.
Can I meet clients in Georgia with my out-of-state security license?
If you are providing private security services outside the jurisdiction where you are currently licensed, a Public Change of Business location Setting that acknowledges specific geographical locality changes will come in handy to operate a business in combination markets.
How many years are Class B Licenses valid in Georgia?
Ten years, will be required a renewal of the License owned again by repeating complete fingerprint and background check verification and other state requirements.
How many hours a week can security guards work in Georgia?
Georgia security law does not limit the amount of hours security guards work, but other united states legislation calls for overtime pay beyond forty (40) hours in certain cases.
Do I need to take any further precautions to protect my company in Georgia?
As with any company, there are potential legal and physical security threats – zoning, the employment agreement, and info protection training, among other startup paperwork, also needs to undergo prior to commencing operations.
Can I combine private investigative services with security in Georgia?
If you have a Class B-Licensure by definition properties compiled for state law proprietorship allow for ownership oversight over two different a Contract Security Company (CSC) can perform joint security investigations.
When should I start hiring employees for my security company in Georgia?
It depends on a few factors, including your cash flow projections and business plan, but you most probably would look to begin daytime operations until service requests demand overnight staff on monitored sites.
What type of surveillance system do I need for my security company in Georgia?
The digital or digitized/anomaly detection ones but choosing third-party monitoring/control rooms, sometimes, maybe better if the distance from the client may skip early systems of traditional Local/Onsite Video Analytics.
Can I offer security consulting services with a Class B License in Georgia?
Intrinsically can reduce upgrading qualifications whilst speeding up application transferal since Georgia architecture theoretically except licensing for coursework authorizing eligibility to present security advisories.

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Conclusion

Starting a security company in Georgia can be rewarding and profitable. By following the steps outlined in this guide, you’ll be well on your way to establishing a successful security business in your area. Remember to be patient and persistent, as building your client base and reputation may take time. Your security company can thrive in the competitive Georgia market with dedication and hard work.

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