The locks on the doors of 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 have to be, what with the new
types of locks being introduced. Today's locksmith is more
likely to be known as a "Security Specialist", than as 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 wifefamily
affair, with the husband handling the mechanical end and the
wife the books and financial end of the business. Most of these
small operations tend to 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, an established, well organised and trained
locksmith may gross between œ50,000 and œ60,000 per year,
using a van as a mobile "workshop", and space in his home as
an office. Remember: As the economy turns towards 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 time. You'll need a pre
planned sales programme along with good breakdown on your
costs versus expected income.
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