The financial side of the security industry has gone through its ups and downs in recent years.
A shrinking pool of specialty lenders, more stringent financing guidelines and for those looking to sell accounts, lower multiples, are just some of the challenges faced by installers and systems integrators seeking financing for capital improvements or to grow their business.
While many owners of alarm companies traditionally think they only have two sources to raise capital for their business, securing a loan from a specialty lender or one from a local bank, they often forget about another, and often readily available solution - dealer programs.
For years, the security industry has attached a stigma to dealer programs.
SARASOTA, Fla. - Security Systems News and sister publication Security Director News have teamed up to create TechSec Solutions, a conference about the security industryÃ¢â‚¬â„¢s shift to IP, wireless, software and networking technologies.
ONTARIO - The government here has introduced a Private Security and Investigative Services Act that if passed would make licensing and training mandatory for all private and proprietary security personnel.
The proposed legislation will implement licensing, license portability, training, and standards for uniforms, equipment and vehicles used by security personnel.
Although there are some limitations to its usage, microwave technology has certainly broadened the scope of security installations.
According to Keith Simpson, president and chief executive officer at Simpson Security Systems, an increasing number of jobs they are handling involve microwaves to move both data and video signals, including those from pan-tilt-zoom cameras.