security industry
4 statements across 1 episodes · 0 bullish · 4 bearish · 1 people on the record · first statement May 7, 2024 by Glenn Bimani · across every show →
Everything said about security industry, oldest first
May 7, 2024 negative
May 7, 2024 negative
Bimani: Bar Security Insurance Costs $23,000 Per Client Annually
“In the guard and the bar industry, you're not allowed to provide bar security unless you have a insurance and it costs roughly 23,000 dollars a year per client. A lot of guard companies don't have that. So they're leaving their guards their clients exposed to …”
May 7, 2024 negative
Bimani: Fixed expenses like vehicles and office leases harm security companies
“One of the biggest issues with, in the security industry is a lot of people buy security services, not security services, security software, vehicles offices, and it's hard expenses. You can't get rid of them, even if you lose clients.”
May 7, 2024 negative
Bimani: Security Clients Buy Cheap Services Merely for Insurance Liability Shields
“The security industry is a commodity and a service industry where clients are usually just looking at the bottom dollar. Rather than the quality of the service they can get because they see us as a shield against lawsuits and that's how they want to use us. So…”