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i had a business idea
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<blockquote data-quote="WhymeMom?" data-source="post: 204169" data-attributes="member: 53"><p>I like the idea......But....... if you do this, working for clients, you take on much of the risk that you may not get paid..... collecting the money is different than charging the money...... if you bill yourself with "Why Hire an attorney when I can do it for half"....... means if you ever decide to go back and work for an attorney any/all attorneys may think twice before hiring you..... marketing to get a business off the ground with little to no client base won't be easy..... And that in itself will turn into a full time job....... In other words you may spend more time drumming up business than actually doing business......</p><p></p><p>Not trying to discourage you, but just playing Devil's Advocate......</p><p></p><p>It sounds to me like you greatly underestimated your worth in the prior experience...... also most attorneys work billable hours, so I would easily think you would charge for your time by the hour instead of lump sum for the job..... (wasn't sure how you figured your pay rate) Any time you would deal with a client or client issues that's billable time and should be recorded as such. Not trying to sound condescending, just didn't know how you handled your last job..... Would think you could get into some dicey legal issues if you push into attorney areas......so just be clear to clients what you can and CANNOT do for them...... I'm not sure if most people even know what attorneys charge so they still may be amazed at your cost....... but don't feel guilty about charging a fair price....... I don't know that I would advertise that you charge half of what an attorney would cost, just state what services you can provide and your qualifications for a fair price...... Maybe stating that the first consultation is at no cost to the client......</p><p></p><p>Okay, enough of MY cheap advice.......</p></blockquote><p></p>
[QUOTE="WhymeMom?, post: 204169, member: 53"] I like the idea......But....... if you do this, working for clients, you take on much of the risk that you may not get paid..... collecting the money is different than charging the money...... if you bill yourself with "Why Hire an attorney when I can do it for half"....... means if you ever decide to go back and work for an attorney any/all attorneys may think twice before hiring you..... marketing to get a business off the ground with little to no client base won't be easy..... And that in itself will turn into a full time job....... In other words you may spend more time drumming up business than actually doing business...... Not trying to discourage you, but just playing Devil's Advocate...... It sounds to me like you greatly underestimated your worth in the prior experience...... also most attorneys work billable hours, so I would easily think you would charge for your time by the hour instead of lump sum for the job..... (wasn't sure how you figured your pay rate) Any time you would deal with a client or client issues that's billable time and should be recorded as such. Not trying to sound condescending, just didn't know how you handled your last job..... Would think you could get into some dicey legal issues if you push into attorney areas......so just be clear to clients what you can and CANNOT do for them...... I'm not sure if most people even know what attorneys charge so they still may be amazed at your cost....... but don't feel guilty about charging a fair price....... I don't know that I would advertise that you charge half of what an attorney would cost, just state what services you can provide and your qualifications for a fair price...... Maybe stating that the first consultation is at no cost to the client...... Okay, enough of MY cheap advice....... [/QUOTE]
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