Bodyguard Security Service business. Business Overview Bodyguards are no longer hired just to protect celebrities, they are also hired to protect business leaders, high profile activists, authors, journalists, and just about anyone else who comes under short- or long-term threats. Starting a bodyguard service does require a great deal of careful planning and research in order to ensure business success. However, bodyguard rates can exceed $1,000 per day, and, as an agency that...