How would you rate your ability to operate a security company in a complex environment? The fact is that business-operating complexity may be one reason the security industry is contracting.
Michael Barnes, founder of Barnes Associates — a consulting and advisory firm that specializes in providing financing, acquisition, divestiture and valuation services to the security alarm industry — addressed the consolidation question and spoke about threats to the industry’s growth at the 24th annual Barnes Buchanan Conference held last month. In a three-hour presentation, “Security Alarm Industry Overview,” Barnes identified six perceived threats to the future of the security RMR business, and discussed whether the facts support or dispute each threat: