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Everything You Need To Know About Starting Your Own Locksmith Business

Everything You Need To Know About Starting Your Own Locksmith Business

Having your own business can be very rewarding, but it does not come without risk. There are both financial risks and business risks that must be addressed before starting your own locksmith business. You will have to research the local laws in your state, county and city before you even think about starting your own business. You will need to be sure that the type of locksmith business that the state or city permits is one that makes sense for the current market, for example, if you live in a very rural area, it might not make sense to start a mobile service. 

How to become a locksmith?

Becoming a locksmith is not as simple as buying a van and starting your own business. It requires education and training. You’ll have to get at least a bachelor’s degree in business and some locksmithing certification to open your own locksmith business.

Locally, you’ll have to find a company such as a chamber of commerce (website) or other local business that offers free training and consultation through your state workforce agency. Ask them if they will train you on the requirements of the locksmithing profession, what you can expect to do and the business risks that must be considered. They’ll also give you information on how many locksmiths are already located in your area, what the competition is like in your city and about how much money it would take for you to start your own locksmith business.

How long does it take to train as a locksmith?

Becoming a locksmith requires a lot of training. First, the locksmith must be familiar with how locks and keys work, how to find the right key for any given situation and they must understand how a lock works in order to rekey it when needed.

Locksmith techs often work on electronic access control systems (EAC) , alarm systems , and safes , which means they’ll need training in these areas as well. In the locksmith training, locksmith will also need to be familiar with cutting keys, high-security keysets, cylinder changes, safe repairs and installation of all types of door hardware .

How much money does a locksmith make?

The locksmith’s salary will vary depending on the location and the repairs. A locksmith in a rural area might make more than one in an urban area. It takes a lot of training and practice to be a locksmith, which means that most of the time, you’ll be working for free from referrals from your friends and family. If you work hard with good customer service, you’ll start seeing some referral fees .

The locksmith’s salary goes up as he or she trains others to become a locksmith technician, but even then it does not go up that much because there are only so many locksmith technicians available and they are becoming very rare , because these jobs pay very well.

What are the duties of a locksmith?

The duties of a locksmith vary by location, the type of locksmith business that you set up, and whether or not you have employees working for you.

As an independent contractor, you will be responsible for all aspects of the job from writing estimates to completing the job to collecting your payment. As a business owner, however, you’ll have some help in collecting payments and scheduling appointments.

In every case, though, you must understand how to fix or rekey locks , fix broken keyed entry systems , install high security locksets , change cylinders on doors , repair safe combination locks and safes and any other job that falls into the realm of being a professional locksmith .

What is the cost of locksmith tools?

The amount of money it takes to purchase and maintain locksmith tools depends on your level of training and experience.

If you are a beginner, you will probably not need too much. Two- to three-dozen sets of lock picks , various types of wrenches and an assortment of screwdrivers is usually sufficient for most residential jobs.

If you are a seasoned technician, every time you change a door lock or install a high security locking system in your business, you’ll need more tools. A good starting point is a standard set of about two dozen lock picks , about two dozen different types of wrenches (including large sockets or deep sockets ) and about six different screwdrivers that are all the same size.

Do I need special certification?

You will need to pass several tests and obtain a licence, whether you are opening a locksmith business or working as an independent contractor.

You will have to take a written test administered by your state’s department of labour, usually at their local office. You’ll have to provide proof of your training and some type of ID and you’ll pay the fee. After that, you’ll wait until you are called for the next available testing date. If you fail the test, you can always try again another day but you can only fail a certain number of times before your application for certification is denied. You may also need training from any group or organisation that offers certification for locksmiths.

Conclusion

It is important to understand that it takes a lot of work and dedication to learn how to become a locksmith. It takes a lot of money, patience and you will only make enough money to start your business if you are able to practice your craft at home.

There is no doubt that the future of this type of trade is very bright and there’s no telling where the demand for locksmith technicians will take them in the near future. We hope this article helped you to learn more about the locksmith profession.

About the author

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Miller Willson

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