Service Contracts Bring Recurring Revenue to the Commercial Locksmith

A service contract might be something as simple as an annual visit to the site to replace the batteries, update the software with the latest revisions and check that the door operates safely and correctly. It could also include a provision for emergency service when the need arises or for additional training should the end user have a change in personnel. The opportunity for addition revenue is enhanced by the fact that it is inevitable that during the course of the year the door will be subject to conditions or outright abuse that will require additional work to be performed, work that the locksmith company that already has a relationship with the end user is almost guaranteed to get. Included with this article is a sample service contract.

The use of ever more sophisticated products is going to continue and will most certainly increase in the coming years. Don't let fear of the unknown or apathy prevent your company from benefiting from this trend. Reach out to the manufacturers for training and make your company available as a resource to end users who want these products and need these services. Become the expert in your area and you will have more business than you know what to do with!