How to Start a Locksmith Business

Last Updated: February 28, 2020 References Approved

Working as a residential or car locksmith--or a combination of the 2--can be a lucrative and independent small business. You'll have to invest some money and time in equipment like lock pick sets and locksmith training, but the payoff could be worth it. Find out how to start a locksmith business to see what is involved.

Steps

1
Find out the legal requirements for your state. Some states require bonding, licensing, insurance and certification. Requirements vary from state to state. Even if they're not required, bonding, licensing and certifications add credibility and help to protect you from liability. Your local government or state Attorney General can tell you how to start a locksmith business legally.^{[1]
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2
Get locksmith training. A formal education isn't necessary, but vocational classes are available; these could help establish credibility and strengthen your skills. Even if you don't choose formal training, it will take some time to learn to use the various tools and lock pick sets that you will need. Books, manuals and practice kits are some sources for training.^{[2]
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3
Practice your skills. One of the most challenging skills is learning to pick various locks. Many lock pick sets offer practice locks to work on. Another job that takes practice is installation. Install deadbolts and other locks on your home, and volunteer to do it for friends and family to learn.
4
Choose what areas to specialize in. Home lockouts, vehicle lockouts, and residential installations are some categories. The one you choose determines your marketing efforts and the type of equipment you need. Consider working as a car locksmith either way, since this generates the most calls and income.
5
Purchase tools and supplies. These vary by the type of work you'll do. Some of the equipment you'll need includes a generator, key duplicator, code cutting machine, re-keying kits, lock picks sets and lockout kits. Buy from established manufacturers. Read reviews and get advice from established locksmiths to choose the right equipment.^{[3]
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6
Find a location. You can work out of a home office or rent office space. Your office should have enough room to store equipment and a computer for handling billing, marketing and finances.^{[4]
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7
Get a vehicle. A work van is a good choice for holding equipment and adding credibility to your business. Add signage to your vehicle with painting, vinyl decals or magnetic signs. Make sure your phone number is displayed prominently.^{[5]
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8
Decide whether to hire employees. If business gets busy, you may need additional locksmiths for late night or overnight coverage. Look for employees who are bonded and experienced. You may also choose to hire an office manager and dispatchers. A third party dispatch center is another option for getting calls.^{[6]
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9
Set prices and a financial plan. Since locksmith equipment can be expensive, budget for purchases, and remember to include the overall costs when setting prices.^{[7]
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10
Build word of mouth advertising. Start by doing jobs for family, friends and neighbors and get referrals.^{[8]
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11
Network with local business owners as well as other locksmiths. Join groups like the Associated Locksmiths of America to get training,^{[9]
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12
Advertise your business. An ad in the Yellow Pages or local directory is essential, since people will often be looking for you when they are in an emergency and locked out of their car or home. Make sure you are listed on Google Places, Mapquest and other online directories. Put ads in local and online newspapers.^{[10]
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Community Q&A

Question

Can I start a locksmith business if I have a criminal record?

Community Answer

Before you go through locksmith certification, you're required to go through an FBI background check. No felonies/misdemeanors are allowed, but I'm not sure how the minor crimes work into it.
Question

How do I find a locksmith?

Community Answer

Do an internet or phone book search. Ensure that the person you are hiring is a real locksmith and not a scammer as they do exist. Ask for pricing up front and applicable licensing.
Question

Is it possible to be certified at 60 years old?

Community Answer

Yes, anything is possible. If you have the patience and determination to learn a knew skill, age will not stand in your way.