Types of Security Companies

Publicly Traded Security Companies

These Security companies are dependent on sub-contracting most of their services to cheaper security companies (please refer to 3). This category primarily focuses on pleasing the shareholders which have purchased stocks in the company. This category does not focus on serving the end-consumer, the Client, who is actually purchasing the security services.

Stock Market

Cheap and Un-Professional Security Companies

Cheap and Un-Professional Security Companies depend on Publicly Traded Security Companies and Erratic Security Companies (please refer to 1 and 2) for their work through sub-contracting. These companies operate on a self-destructive business model, a race to the bottom for the lowest price. These obscene discounts force the Cheap and Un-Professional Security Companies to reduce quality by operating from home and failing to hire any field support.

 

 

These companies and their security guards must obtain the licenses and insurance demands required by law. They need to be more accountable because they need a name in the market. Still, they wait to be subcontracted by Publicly Traded and Erratic Security Companies. It’s customary for Cheap and Un-Professional Security Companies to file bankruptcy to start a new, Cheap and Unprofessional Security Company every 1 – 3 years. You can spot these hazardous companies with the following indicators:

 

 

  • Focusing on a low price for security services completely neglects the quality of these services.
  • Lack of infrastructure and backup Field Support in case of an emergency.
  • A “one-man-show” where the owner does every job, every time, from reception duties to performing the Guard service
  • Do not possess a WCB certificate
  • Insufficient or non-existent private liability insurance
  • Constantly losing clients faster than they can gain them

This method of operation leaves the Clients and their property vulnerable in many ways. Publicly Traded Security Companies sub-contract small, cheap security companies often unlicensed, un-trained, non-accredited, and have yet to purchase WCB coverage or private liability insurance.

The Client believes they have purchased a high-profile security guard service. Yet, an unlicensed, sub-contracted security guard without training arrives on-site wearing the Publicly Traded Security Company uniform. This method primarily benefits the shareholders whose stocks continue to increase every time the Publicly Traded Security Companies reduce quality to cut costs.

Erratic Security Companies

Erratic Security Companies

These security companies also depend on sub-contracting most of their services to cheaper security companies (please refer to 3) to reduce quality and cut costs. Still, they may or may not be publicly traded. This category needs vision and a transparent business model; hence, they keep moving erratically. They create a high overhead for themselves unnecessarily due to reckless overspending in an attempt to mimic publicly traded security companies.

BestWORLD Security Services Inc:

BestWORLD Security is named after three factors. First, Security is our Mission. Second, the World is our Vision. and being the Best is our Ambition. BestWORLD Security is revolutionary in its field and has become the leading security company in the Vancouver security industry. Centrally located in Vancouver, BestWORLD services Burnaby, Coquitlam, and every other city in the Greater Vancouver area including the Fraser Valley, and the Tri-Cities.

BestWORLD is a fully independent Security Company. We don't subcontract or agree to work on a sub-contractual basis. We are fully insured, accredited, and WCB registered. The key to BestWORLD's continuous success year after year is only using qualified staff to perform and monitor other staff using high-tech software.

Our scheduling processes are based on the training and qualification of our Security Guards. BestWORLD hires more than 100 Security Guards each year to undertake strict training modules that are specifically designed for each category of security services such as Concierge, Loss Prevention, Event Security, Site Security, $9.99 Mobile Patrol Security, Bodyguard Services and other Specialized Security Services.

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