8d • General discussion
Is a locksmith business worth it?
The short answer is yes, that is if it’s of interest to you. You don’t have to dump thousands into it to start, but you can. You can choose your specialty. I concentrate on Residential and Commercial. I also do lockouts on Residential, Commercial, and Automotive. This works for me because of the lower overhead. I don’t have a storefront, I work solely out of my truck. The amount of locksmiths around, really doesn’t matter. You find that some specialize in different things. The important thing is getting to the top of the search. Get a good tech guy to make a website and make sure you’re on the top of your potential customer’s searches. Emergency service is important. To get off the ground, you may want to consider 24 hour emergency service. This is something that a lot of locksmiths lack. They don’t want to work weekends, holidays, or go out at 2 AM. If you make yourself available, those are times that you can charge a premium. Consider joining my locksmithing classes if this sounds like something you’re wired for.
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Is a locksmith business worth it?
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