Updated : Oct 26, 2020 Education

Executive Protection Training – Venturing Out on Your Own

It is Tough to get a long term Executive protection EP contract as a single operator. However, it is not that hard to begin an EP company. In case you have got the background, knowledge and training then you may begin an EP business – a company that is wholly dedicated to providing the best protection to its customers. Before deciding to venture out on your own here are some important tips on getting started:

  • Get certified in your state to begin an EP company.
  • Pick a name for your record business that is unique and is not trademarked or copyrighted.
  • Get a business license or corporate entity. Proceed to a bank and set a business banking accounts checking and savings .Get business card printed with the title of your EP business and your name and name managing director. Cash in the bank to pay your EP assignment expenses before being reimbursed by the customer. You have paid for daily expenses while on assignment; this includes airfare, hotel, meals and transport. If you are just starting out, or are an experienced EP professional; you need to get an EP contract. Your EP contract protects you and your organization and to keep from getting ripped off. Hire a lawyer to have a skilled and legal EP contract drawn up only for your organization. It is not uncommon to incur a 5,000 expense reimbursement when staying at five-star resorts and being made to eat expensive hotel restaurant meals with your client. You must have the ability to cover all this either by cash or credit. Congratulations, you are now the owner of your EP Company.

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You must will to spend the job making, promoting, selling and marketing your EP services. The competition in the business is fantastic so you want to create the services you provide great also. When first starting out, you want to take assignments as often asĀ Executive Protection Training in California and in as many different areas as possible different cities and states. Eventually you are able to become more discerning on which clients you work with and by which locales. Just assign your other brokers to work with those customers and in those places you chose not to, but that should come afterwards.

In The beginning you cannot afford to pass up an opportunity for EP missions working with numerous locations and clients, gaining additional work experience and funding to your EP enterprise. Even though the EP business is not all about the cash, you have to be prepared to place yourself in harm’s way as a last resort in the security of your customers. But earning a living as the owner of your EP Company should eventually provide you with the luxury of being able to afford to do what love, executive protection, without needing to be worried about the money.