If
your questions are not addressed in the FAQ's below, please
email us at franchise@shieldsecurity.net
Requirements
Q.
What are the minimum criteria to become
a SHIELD® Security Systems Franchisee?
A.
SHIELD® Security Systems looks at two primary criteria
when approving franchisees. The first is operational experience
including business or management experience with strong
communication skills. The second criteria is financial,
which requires a net worth of $350,000 and $50,000 in
liquid assets.
Q.
What are SHIELD® Security Systems’
fees?
A.
SHIELD® Security Systems has a franchise fee of $35,000
with a TOTAL INVESTMENT of $39,450 - $66,700. Franchisees
pay royalties of 5% of gross sales and a 1 % National
Advertising Fee. Franchisees are required to spend 5%
toward Local Advertising.
Q.
If I don’t meet the financial
or operational criteria myself, can I buy a SHIELD®
Security Systems Franchise with partners?
A.
Yes, as long
as the total net worth, liquidity and experience requirements
are met by the members of the partnership.
Q.
Does SHIELD® Security Systems provide
financing for franchise development?
A.
We do not offer financing since our capital requirements
were established so that financing is not necessary.
Q.
Can I convert my existing security
company into a SHIELD® Security Systems Franchise?
A.
Yes you can. We offer a very attractive program for existing
security dealers. Your franchise fee is based upon your
current level of experience and the size of your existing
customer base. It’s important to remember that you
maintain ownership of your existing accounts. This is
not a dealer program!
Q.
Can I operate a SHIELD Security Systems
franchise from my home?
A.
Yes, Our franchise was specifically designed as a home
based business which means your daily operating expenses
are very low. You may, however, elect to move to a commercial
location at any time.
Q.
Do I need any sales experience?
A.
No, Our franchisees need business experience and strong
communication skills.
Q.
Do I need an electronics background?
A.
No, we will give you the technical skills you need to
operate.
Q.
How do I find qualified installers
and technicians?
A.
During your initial training, we will teach you how to
find, interview and hire competent installers. This takes
place prior to your commencement of operations.