Nowadays, people are prioritizing starting their own businesses over jobs, and starting a security agency can be a great option. Due to the growing need for security, there’s no shortage of work in this field. With proper planning, this business can provide you with a steady income. The best part is that it doesn’t require a large office; you can even start it from a small room.

Costs of Starting a Security Agency

Initial expenses include office setup, furniture, computers, phones, and some necessary documents. Generally, you can start this business with a limited budget. Nowadays, almost every company, society, factory, and office needs security guards. This is why security agencies are in constant demand.

If you have properly trained guards, finding clients is not difficult. This business not only provides you with self-employment, but you can also employ others. It is an enterprise that fulfills a fundamental need in society, increasing its chances of success.

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PSARA License

A license is mandatory to open a security agency. This license is granted under the Private Security Agency Regulation Act 2005, known as PSARA (PSARA License). Operating an agency without this license is completely illegal. Therefore, it is extremely important to complete the necessary procedures before starting a business.

Police verification is required before applying for a license. Additionally, you must enter into a contract with a state government-certified training institute to train security guards. All these documents must be submitted with the application. The PSARA license ensures that your agency operates legally and with the highest security standards.

PSARA License Fee

License fees vary depending on the region. If you want to operate an agency in one district, the fee may be around ₹5,000. For five districts, the fee may be around ₹10,000. To operate a security agency across the entire state, the license fee is approximately ₹25,000. This fee ensures that your agency has valid permission to operate in a wide area. Therefore, it’s important to factor this cost in at the very beginning of your business.

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