Compliance Safety Training Business

2 Compliance Safety Training Business Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Compliance within the workplace is not just a checkbox item; it’s a necessity. Starting a compliance safety training business can be your gateway to making workplaces safer and more efficient.

In this business, you provide essential training programs that help companies adhere to industry-specific regulations and safety standards. Your role involves designing training modules, conducting sessions, and staying updated with the latest compliance laws and practices.

Companies across industries need to ensure their employees are not only aware of compliance requirements but are also fully trained in adhering to them. This is where your business comes in. With the right knowledge and a structured training plan, you’ll help companies avoid costly fines, legal issues, and improve overall workplace safety.

Building a compliance safety training business requires dedication to continuous learning, strong communication skills, and the ability to translate regulatory jargon into practical, actionable training. If you’re passionate about fostering safer work environments and enjoy teaching, this could be a rewarding enterprise for you.

In this list, you'll find real-world compliance safety training business success stories and very profitable examples of starting a compliance safety training business that makes money.

1. AlertForce ($7.8M/year)

Brendan Torazzi, CEO of AlertForce, started the business in 2006 after diversifying from his previous ventures. He recognized an opportunity in the health and safety compliance training market and became the first company to offer online training solutions. With an innovative approach and a focus on customer needs, AlertForce quickly captured 20% of the market and achieved impressive revenue growth, reaching almost $5 million per annum. Today, Brendan is a successful lifestyle entrepreneur, leveraging automation and technology to improve profitability and create passive income streams.

How much money it makes: $7.8M/year
How much did it cost to start: $200K
How many people on the team: 10

I Built A Health & Safety Training Business That Makes 1.8M/Year [From Australia]

This case study follows the story of Brendan Torazzi, the CEO of AlertForce, a health and safety compliance training business that reached a peak turnover of almost $5 million per annum but currently remains highly profitable, and how he prioritized his lifestyle and leveraged technology to build a successful business, as well as lessons on the power of being the first and being agile.

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Read by 3,744 founders

2. VComply ($300K/year)

Harshvardhan Kariwala, the CEO and Founder of VComply, came up with the idea for his business after experiencing compliance issues in his previous startup. He realized the need for a tool that could track and manage governance, risk, and compliance workflows, leading him to develop VComply as an internal tool. After accidentally attracting the interest of the City of Boston, Harshvardhan recognized the potential of his product and decided to launch it as a business. Since then, VComply has received funding and has been steadily growing, with plans to expand further in the future.

How much money it makes: $300K/year
How many people on the team: 40

This Solo Founder Turned An Internal GRC Tool Into A $300K/Year Business

VComply CEO and Founder Harshvardhan Kariwala turned an internal governance, risk, and compliance (GRC) tool into a successful business, raising seed and Series A rounds of $2.5M and $6M, respectively, and projecting expansion into Australia, New Zealand, and Europe in 2022.

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Read by 4,729 founders