Tuesday, 23 July 2013

HOW TO START YOUR OWN


MOBILE LOCKSMITHING SERVICE





The locks on the doors on most homes keep the skilled burglar out



for about 30 seconds! This is especially true if the only thing



slowing him down is a standard key-in-the-knob lock.





Statistically, there's about one residential burglary every 30



seconds in this country. Traditionally, as the economy falters



and times get harder, the number tends to rise.





Quite naturally, people are concerned and frightened. As a



result, locksmithing is not only one of the new "demand"



businesses, it's rapidly becoming one of the more profitable



businesses for entrepreneurs with not too much capital to invest.





Today's locksmiths are usually well versed in mathematics and



basic electronics. They almost always have to be, what with the



new types of locks being introduced. Today's locksmith is more



likely to be known as a "Security Specialists," then just



ordinary locksmith, as in the past.





Even so, most locksmithing businesses are still one-man



operations. In many instances, it's a husband and wife family



affair, with the husband handling the mechanical end and the wife



doing the books and financial end of the business. Most of these



small operations concentrate on the repair side of the business,



and deliberately choose to remain small in size. As we will



discuss later, however, this need not be the case; these small



businesses CAN "grow up."





According to the area in which he is located, and established,



well organized and trained locksmith may gross between $50,000



and $60,000 per year, using a van as a mobile "workshop," and



space in his home as an office. Remember: As the economy turns



toward recession, burglaries increase and people become aware of



the need for better locks to protect what they own; thus the



locksmith enjoys an increased income during hard times.





Just because locksmithing is a "personal" kind of business, and



can be started on a shoestring and operated out of the home,



that's not to say that a locksmithing service cannot be developed



into a million dollar business. On the contrary, there are a



number of operations in some of the larger metropolitan areas



that have several mobile locksmith vans on the road, in addition



to retail store locations. These operations are grossing well



into the million dollar figures every year.





It's a matter of desire, determination and personal fulfillment



and satisfaction. Attitude, marketing skills and general business



knowledge are also positive attributes necessary for real



success. Very definitely, the sharp businessman with determined



ambition can dominate any market with a modern locksmithing



service.







The key ingredient to this business is the utilization of proper



marketing and selling skills. It goes without saying: you can



know all there is about the mechanical functioning of the



business, but without innovative marketing and selling skills,



your business will surely flounder.





However, given the marketing know-how, plus persistent sales



efforts, you can succeed in this business with the knowledge you



can acquire of the technical side. The success of any business is



built upon the marketing and sales expertise of its founder,



because after all, "mechanics" can always be hired, if you decide



to go that route rather than learn the trade and the business.





Your marketing efforts should stress the theme that your services



will allay the fears of your buyers. You want to get across to



your prospective customers the sense of security your service



will provide: You can make them safe in their own homes; no



longer will they have to worry about being rudely awakened in the



middle of the night by a burglar rustling around in their house;



no longer will they have to worry about coming home to a house



that's been cleaned out or ransacked.





Once you understand that fear is a basic human instinct, it's



easy to see that virtually everyone can be a prospect for your



service as a locksmith. Your potential market includes everyone



in your area, because everyone has possessions. So every



homeowner, every apartment dweller, every business owner, all the



schools, churches, government institutions, and a wide variety of



other commercial and industrial accounts can be yours.





In this day and age, new homeowners and apartment dwellers want



locks changed the day the move in, so that the former occupants



and other key holders will not have access to their place. In



addition, there will probably be the need for additional keys for



each member of the new family, now that new, safer locks have



been installed.





Commercial and industrial accounts present and even lucrative



market. larger companies tend to want their keys



"departmentalized," so that office workers can get into the



building on weekends, but not into the factory or shipping areas,



and vice versa. Banks and savings institutions frequently need



the safe deposit locks changed.





Generally speaking, newcomers to this field should focus their



efforts on the commercial market is vast, and often up for grabs



in many areas. In addition, the profit margins in these areas are



excellent! With one of these accounts you'll have to work paying



about $500 or more per visit, compared with $25 to $50 per visit



per residential job. With commercial/industrial accounts, there's



also the possibility of ongoing service and maintenance.



Definitely, the commercial/industrial business is well worth



going after, and can put your business in the black very rapidly.



However, it does take aggressiveness, and the determination to



sell these accounts.





Start small, Consider working out of your home in the beginning.



Most of today's successful locksmiths began by working out of



their homes, with the family car or van outfitted with the tools



and equipment needed. Such an approach will enable you to get



started for a little as $1,000. You should be aware however, that



this is just a beginning, and not all it's going to take to



really establish your business. With this level of investment,



you're more or less limited in the business you can handle and



the money you can make. Locksmiths who want to make the really



big money should be investing all their early profits into more



equipment and inventory up to a level where they can offer



complete full service locksmithing. Such a business would require



at least $5,000 in equipment, perhaps even $10,000, depending on



how many different services you want to offer. this estimate for



start-up costs does not include your van or inventory of spare



parts and new locks.





Perhaps a quick word of caution is in order here. You've no doubt



seen or heard some of the advertisements promising all kinds of



big money to be made with your own locksmithing service; "just



send for the learn-at-home correspondence course, and you'll be



home free." It's true that you can earn big money in this



business, but as we've noted earlier, without a lot of sharp



marketing and selling expertise, plus at least the essential



equipment to handle the kind of work these courses teach,



enrolling in one of these courses will put you no further ahead



than you are right now. This business requires EQUIPMENT and



KNOWLEDGE.





You can make excellent money as a locksmith, so long as you



operate your business capably and in a professional manner. But



without a full line of the equipment required to handle a wide



variety of jobs, you will be limiting your total income



potential. The more you invest in quality equipment, the more



different kinds of jobs you can handle, and thus the more money



you'll be capable of making.





This is definitely a business in which you decide for yourself



exactly how far and how fast you want to go. As we've said, some



operators are perfectly content to work out of their homes, using



a mobile van. They don't want the larger problems involved in



hiring employees, or the expense of maintaining a retail



location.





But to make really big money in this business, starting small and



working out of your home, you should plan to put more mobile



trucks on the road, and as soon as possible, open a retail



location. Each mobile van will give you another satellite



business, and a retail location will afford you a base



headquarters for your mobile vans.







It is of the utmost importance that you build and maintain a



professional image as a quality locksmithing operation from the



start. Clinging to the craftsman type of image will be of



advantage only if you wish to stay in the "Mom and Pop" category.





You should endeavor to handle all jobs as quickly and as



efficiently as possible. Outfitting yourself and your help in



sharp looking uniforms will help. Making your calls in a clean,



well-organized van will also play an important part in the image



your customers have of your business. You want your customers to



have confidence in your business, and in the quality of the work



you do for them. When they do, you'll find they are more likely



to pay their bills with fewer reminders.





Think of it like this: A large invoice presented by a man in a



clean uniform who drives up in a good looking truck and does



quality work is going to be paid more readily than one for $25



presented by a guy in grubby jeans who drove up in a 10-year old



decrepit truck.





With so many technological changes occurring within this field on



an almost monthly basis, it's to your advantage to stay on top of



what's happening within the locksmithing field. This means



subscribing to some of the better trade publications. You should



be attending the various Locksmithing Association promoted



seminars and workshops that offer ongoing help in both the



technical and financial side of this business. In other words,



you should plan to keep yourself up to date with a program of



continuous learning.





There are several ways to get started in this business. You can



buy an existing operation from a retiring craftsman. Ask him to



help you with the technical side of the operation while you spend



most of your time actively promoting and managing the business.



Or, you can hire the technical help you need, and the sales force



to build the business while you do the managing. You can enroll



in one of the popular correspondence courses, become involved in



the business as you learn from the various trade publications,



and progress at your own speed. Our recommendation is that you



learn the fiscal and management side of the business, and hire



others to handle the mechanical or technical side. Thus the



purpose of this report is to indoctrinate you to the business



side. To explain the technical details of this business would



take volumes and probably much of the information contained would



be out-dated by the time it came to press.





However, we will provide you with an outline of the most common



types of jobs a locksmith should be able to handle.





RECOMBINATION LOCKS: A customer may want to change an existing



lock to work off a new key--the most common type of lock being



the key-in-the-knob cylinder or pin tumbler lock. When the proper



key is inserted in the keyway, spring-loaded pins are pushed up



and out of the cylinder, allowing the plug to turn, and opening



the lock. When recombinating, you're changing the depth of these



pins so that a new key is the only one that will work. Most



house, auto and padlocks are the pin tumbler variety. Different



brands of locks use different depths, space and keyways. But with



a given brand of lock, up to 50,000 variations exist. Thus, it's



not always necessary to change the new lock.





COMBINATING ALIKE: Some customers will have a house or business



with several different locks and keys, none of them alike or



using the same key. Sometimes people will want to change to a



system that will require the least number of keys to carry



around. Here, you'll be required to change the key coding so that



one key works all the locks. Sometimes this requires the



installation of common door hardware; however, in most cases,



you'll find the same brand locks are used throughout the



building.





MASTERKEYING: Apartment owners and other commercial accounts may



want dual key access. This is done by using locks with dual pin



tumbler sets. One works with the apartment key, the other with



the master key. Keys are spoken of in terms of code numbers.



These are sets of digits reflecting the depth of serration. A



given lock is a master key setup might respond, for example, to



keys with code numbers 1-2-3-4-5 and 6-7-8-9. Mathematical



progressions are used in master keying.





LOCKOUTS: Frequently a person finds himself locked out of his



home, office, warehouse, car, etc. Invariably this happens at odd



hours of the day or night. So opening locks at odd hours of the



day or night will be a role you'll definitely play live of your



customers. A typical pin tumbler lock can generally be picked



open in about 30 seconds, using either picks or a single piece of



spring steel and good wrist work. All locks have tolerances and



variations in manufacture which will allow you to push the



cylinder pins up and out of the way while exerting a turning



pressure on the cylinder itself.





AUTOMOBILE LOCKOUTS: This problem occurs frequently and will



require a different procedure. A tool called a "Slim Shim" is



often used here, and works on most domestic and many foreign



cars. this is pushed down between the glass and the weather



stripping on the door far enough to reach the back of the lock



cylinder on the door. You simply push down or pull up. A "button



popper" is also used, worked through the weather stripping on



vent windows in older cars, and angled back to the latch button.





LOCK INSTALLATION: Much of your time will be spent installing new



lock and door hardware. In many cases, homeowners and business



people will want to upgrade their security with the latest model



hardware for older homes, offices and other buildings. Many



locksmiths get involved in new construction of apartment houses,



condominiums, shopping centers and the like. Often you'll be



adding more security to an existing door, such as installing a



deadbolt lock.





PANIC BARS AND DOOR CLOSERS: Many locksmiths working the



commercial or industrial market get involved in the repair and



installation of panic bars in public access areas. Panic bars are



those large bars you can push on to open the outside doors of



many public buildings. Door closers are those hydraulic devices



mounted at the top of these doors which return the door to the



closed position after it has been opened.





ALARMS, SAFES, AND VAULTS: The sale and installation of alarm are



a natural adjunct to the locksmithing business. Many larger



locksmithing operations move into this area, which is somewhat



specialized. Alarms can be the "perimeter" type which sound when



a door is opened after hours, or "area" alarms. "Space" or "area"



protection is generally preferred, and involves infrared,



ultrasonic or microwave sensors triggering alarms by detecting



movement.





Safe and vault work is another specialty. Some locksmiths have



major banks and savings and loan associations as clients. They



spend a good deal of their time changing safe deposit box locks



and maintaining vaults and the like. Gaining in popularity is the



safe and service of safes for homes and business use. You will be



exposed to all these specialties and to new technology at



seminars, conventions and workshops.





HIGH SECURITY WORK: A typical locksmith is a "general



practitioner," while the high-security locksmith is a



"specialist." High security work is often done for major



corporations, government institutions, large banks, race tracks,



museums and wealthy private individuals who desire maximum



security. Often this work involves access control systems using



card readers or voice print equipment, possibly combines with



electronic push button locks that work off a combination of



numbers known only to a few individuals.





In addition to these major areas of activity, locksmiths the



world over do key duplicating and impressioning, which is



replacing of lost keys with custom made copies, and a wide



variety of other types of sales, repair and service work.





In order to achieve maximum profitability as a locksmith, you



must be able to offer all these services to your customers. Locks



and security are the prime concern to your customer, and it



follows that when a customer wants help in this area, he wants it



taken care of immediately. Thus, you must position yourself to



handle this job immediately, or lose him to a locksmith who can



take care of his needs on the spot.





Do some market research. Analyze your local market area before



you embark upon this business. This can be done via letters to



the local locksmithing association, Chamber of Commerce, or even



by checking through the yellow pages. As important as anything



else, you'll want to know how many locksmiths are already



operating in your area, and how much of the market you can expect



to attract with your business. Most industry experts agree that



any more than one locksmith for every 30,000 people tends to



saturate the market. However, you should study the operations of



the existing locksmiths to determine if you can capture a good



portion of the existing market by offering more and better



service, especially with well-planned efforts towards the



commercial and industrial accounts. In many areas, the



established locksmiths have been in business for 20 years or



more, and are not interested in expanding their businesses to



include the newer and more intricate types of protection



available.





Look your market over. Determine if there's been any real effort



to "sell" the market on upgraded protection. Door-to-door sales



efforts; direct mail advertising campaigns; local "hard sell"



newspaper advertising; home protection and business security



seminars, are angles that can be used to launch your business.



These approaches should prove to be especially profitable if the



existing locksmiths have been sitting back and letting the people



come to them when they have a problem. Get to know the building



contractors and start bidding on the installation of locks on



their building projects. You will get your share of business,



even though at first you may get contracts only from the new



builders who have not had experience with the other locksmiths.





For a fast start in this business, we suggest that you set



yourself up with a van and take your business to your customers.



It isn't absolutely necessary to buy a van off the showroom floor



and outfit it with all the equipment you'll ultimately need for a



full service locksmithing business. That would be nice, but it



would probably run you close to $50,000 or more. By shopping



around, you should be able to pick up a good, late model van for



about $3,000. You might be able to work an even better deal by



leasing a new van, and writing off the payments as a business tax



deduction. One thing you'll definitely want to consider is a van



that has a raised roof in order for you to stand upright in it.



After all, you'll be doing most of your work in it, and to have



to stoop all the time would soon become quite tiring. Generally,



you can run a workbench down either or both sides of your van.





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