The Business of Locksmithing: Locking in Higher Profits and Recurring Revenue


November 18th, 2025
1:00 PM ET / 12:00 PM CT / 10:00 AM PT / 6:00 PM GMT
Duration: 1 hour
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Summary
As locksmiths evolve and continue to adopt and add smart locks and other electronic access control products to their portfolio of offerings, the business of locksmithing becomes more important than ever. From vetting and choosing the right manufacturer and distributor partners, to deciding which products are the right fit for their business, locksmiths today are looking for solutions that provide an easy and natural extension of their mechanical door-locking business. They are also looking to add access control products and systems that are easy to install and provide the best return on investment for their customers, while giving them the opportunity to earn recurring revenue and add additional products and profits around the door.
Topics of focus include:
· The adoption of smart locks and smart-locking platforms
· The role of EAC in your overall strategy for growth
· Best ways to earn recurring revenue and profits
· Mobile and cloud-based access control
· Building a business that will provide higher multiples when you retire
Speakers
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