Business ownership is a common dream for most Americans. Unfortunately, the stats don’t spell success for most new business owners. 40% of businesses fail within their first three years and 50% fail within their first five years. Hard numbers to accept for any starry-eyed, would-be business owner.
But if you want to succeed in business (not just start one), franchising might be a worthwhile consideration. Here are some of the stats working in your favor.
So if you’re interested in success (who isn’t) and want an edge in building a profitable and scaleable business (everyone aspiring owner’s dream!) here are six good reasons to look at the Overwatch franchise options.
Theft, transient activity, and property damage are skyrocketing. Increased crime rates coupled with overextended police departments are driving demand for private security solutions. The global security market size stood at $119+ billion in 2022 and is projected to grow by 8% each year through 2030.
These stats highlight the need for reliable and cost-effective security options. Unfortunately, traditional security methods like physical guards, patrols, and CCTV cameras fall short on both of those counts.
Proactive Video Monitoring (PVM) offers a solution to these growing security challenges. PVM is a method of security that focuses on deterring crime rather than reacting to it. This style of guarding uses the latest in AI-driven software to act as a tripwire. Once the tripwire is activated, that notification routes to a live video agent monitoring cameras in a remote location. Agents then use a variety of tools at their disposal to engage with the issue on the ground. Most often, we see the issue stopped before it develops into a crime. On those occasions where the incident isn’t stopped, police or security guards are called for support.
Overwatch isn’t the only company in the remote guarding space utilizing the PVM model. However, our business systems are head and shoulders above the competition. From customer satisfaction to cost cutting to our agent:camera ratio… Overwatch’s numbers are the best in the business.
By choosing to build a business in the PVM industry, you’re entering an industry with a strong upward growth trajectory.
Every business is going to have an enticing sales pitch that paints only the rosiest picture of your success. What sets the Overwatch Franchise apart is the commitment to follow-through. Your franchise is positioned for immediate success, thanks to Overwatch’s proven business model. (Details of this foundation below.)
We’re also committed to our company values:
We hold ourselves to a very high standard and attract motivated owners and operators.
We’re also careful not to over-promise and to set expectations that allow us to follow through. A solid business reputation builds off of consistency and follow through. At Overwatch that transfers to our franchisees – you and your business get the time and attention you need to succeed.
While Overwatch has expanded to several states, our strongest presence if in Colorado where Overwatch Technologies was started.
The need exceeds our ability to expand which offers franchisees exclusive territory rights. You know your own backyard better than anyone. You know the crimes that are happening and the challenges business owners are facing. Which means you can most effectively offer them a solution.
This protected territory allows you to focus on challenging other security providers in the area, not competing with other Overwatch franchise owners. You’ll be providing a superior product at a better price in an exclusive area.
Overwatch’s founder, Doug Eckels, entered the security industry through a franchise opportunity. Unfortunately, that business owner took his money, handed him a PDF with some business systems, and that was the extent of his training. You’ll find thousands of similar stories in the franchise world. Just one of the reasons why most franchises have a shady reputation.
With an Overwatch franchise, you’ll find the opposite to be true. Your success and growth will only further the mission of Overwatch to dominate the PVM industry.
The System
Overwatch runs on the Entrepreneurial Operating System (EOS) spelled out in Gino Wickman’s book Traction. The key tenants of EOS are:
This framework focuses on aligning your company’s vision with your people, utilizing data effectively, addressing key issues, establishing efficient processes, and consistently gaining traction towards achieving goals across all aspects of the business.
The primary function to ensure this continual success is the weekly L10 meeting. This 90-minute meeting follows a set structure:
You’ll also have quarterly meetings to gain perspective on your business’ needs, upcoming projects, and planning. A couple times a year, you’re welcome to join the on-site meeting at Overwatch’s headquarters in Colorado Springs.
EOS allows you to start your business with processes and foundational operations in place. The added bonus is that EOS systems have been optimized for Overwatch’s business needs. No need for the costly trial-and-error phase for growing your business. This system is ready to deploy on Day 1.
Unless you’re already familiar with the security industry, it might surprise you how much technical knowledge is required. From a developing proprietary software to compliance requirements to putting in orders and testing equipment and handling customer service…
Overwatch ensures that every franchisee is well-equipped to handle these demands. Comprehensive training (not just a pdf manual!) covers:
Even if you’re new to the industry, Overwatch’s robust training ensures you start with confidence and competence.
Once you’re set up, Overwatch provides ongoing support in multiple areas, including:
This level of support ensures that Overwatch franchisees can tackle challenges head-on and keep their businesses on track.
And the biggest question for any aspiring business owner: how quickly will I actually see a profit?
While an Overwatch Franchise doesn’t come with any financial guarantees, we’ve developed a proven path to revenues of up to $110,000 in your first year. Many factors contribute to success but the most important is consistency. If you’re motivated to see revenue flowing, Overwatch is here to support every step.
Initial financial investment happens at one of two levels depending on your business goals. (Further details can be found in our Franchise Opportunity Guide.) Both tiers allow for scaleable growth as your business develops.
Starting any business requires a capital outlay. We’ve built out transparent start up cost models so you aren’t left with massive additional expenses.
You also have access to:
If you’re ready to explore this high-demand, high-reward security industry, we want to partner with you!
Please request our Franchise Opportunity Guide packed with more details. Or, if you’d rather jump in quickly, book a call to see if this opportunity is a good fit.
We use Overwatch Technologies at several apartment communities. The staff and owner are amazing. They provide the best communication! The cameras we have installed are monitored, and they have helped tremendously with cutting back on crime. I highly recommend this company!
Cheryl O., Greystar Regional Manager
Protect your bottom line from the impacts of theft, vandalism, and property damage. Stay proactive against unexpected costs and increase revenue with Overwatch’s premier security equipment, expertly trained Live Agents, and advanced AI-powered surveillance software. Explore our resources to discover how Overwatch is transforming businesses like yours.
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