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2010 AMS Dealer Conference | ||||
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Alarm Financial Services (AFS) AFS is the oldest finance company in the security industry. They provide loans for account purchases and buy accounts from security dealers. In his presentation, AFS President Jim Wooster discussed finance options, six signs of financial strength that financers and buyers want to see, and the factors used in establishing a security company's worth. Cornerstone Billing Cornerstone provides a range of services from simple mailing of bills to Internet-accesible billing and service ticket software which technicians can use from the field. Cornerstone President Scott MacDougal discussed these services, and the importance of alliances in the operation of a small business. He spoke from his own experiences about the time and cost benefits of forming partnerships to handle some business functions instead of struggling to do everything in-house. Security America RRG Security America provides liability insurance to the security alarm industry. It was created by the NBFAA. Richard Poling is a Managing Director for Beecher Carlson, which administers the program. In his presentation, Poling discussed the variety of financial claims security companies face and what to look for to get the best protection in a liabilty policy. |
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