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About Startup CostsThe startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.![]() Get your talent to work for you by installing security lighting solutions. Business OverviewCalling all electricians. It is time to start earning extra income putting your talents to work for you by starting a part-time business that sells and installs residential and commercial security lighting solutions. The business can be started for peanuts in terms of investment capital, and has the potential to generate an additional income of $30,000 per year or more on a part-time basis. The best method to market this type of business is to establish a joint venture with home alarm companies. This can be a terrific marketing method as the alarm companies already have the sales force and customer base to assist in building your new business. Simply put, the alarm companies would offer their customers optional security lighting as part of the complete home security system, and you would supply and install the lighting. There should be no difficulties finding an alarm company that would be prepared to go into this type of joint venture, especially when you consider they could earn an additional $2,000 or $3,000 per month in commissions for selling your security lighting solutions.Related Business IdeasRelated FranchisesSignature Alert SecuritySecurity systems Sonitrol Corp. Propriety hardware/software security solution, C/S monitoring
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