Generally, starting a security company requires a background check, a registered manager, an ownership disclosure, a company name and insurance, according to the Houston Chronicle. Some states do have their own regulations.
The agency that controls security businesses in each state performs criminal background checks on owners and managers of security companies, explains the Houston Chronicle. Each state has its own public agency, and each checks for its own standards. There must be a registered manager, carrying a current security guard license at each company. License applications for security companies require that businesses fully disclose all ownership information. Names of security businesses must be approved by the regulating public agency because these cannot in any way imply that these are law enforcement agencies. Finally, liability insurance is needed for companies that retain armed guards.