January 30, 2008
Paralegals work at home
The Franchise King always has great blog posts like this:
It depends. Buying into a good franchise system for a person who works well in a franchise setting will probably help someone to succeed. But if the system isn't a good one or the person doesn't work well in a franchise setting, it isn't going to do anything to improve their performance and will probably make it worse.
True words. If you are a paralegal work at home is appealing, but working for someone else or working at your own business, that is the question?
But will you succeed?
This interesting blog posts sheds some light on businesses that people franchise and those they do not:
For franchisees the problem is that most franchising takes place in the industries that are least favorable to entrepreneurs. Take hotels and motels. Over the past 20+ years, computer and office equipment start-ups have been 840 times more likely than hotels and motels to make the Inc 500 list of the fastest growing private companies. You can easily buy a hotel or motel franchise, but there aren't many computer franchises. In fact, franchising is concentrated in the industry sectors with the highest business failure rates - retail and personal service. So the unspoken problem for franchisee performance is lousy industries for entrepreneurs.
I am going to franchise the business of lawsuit funding. Lawsuit funding can be run from home so it is a great paralegal work at home business. Lawsuit funding can bring you returns far higher than just working on an hourly basis. And you can work part time and build it up that way.
And get my 9 page report on the lawsuit financing business for paralegals. See how litigation funding is a good business for you to pursue. I will never share your info and you can opt out anytime.