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Pre-Paid Legal Inc – A Review Of The Business Opportunity

February 19th, 2010

PrePaid Legal Services

There have been so many instances when we have needed expert legal opinion.We’ve been cheated by bogus holiday rentals, taken for a ride by false salesmen or duped by real estate agents who’ve fed you with a heap of lies. However, people hesitate to hire the services of a lawyer because of the costs and documentation involved. Prepaid legal services Inc. is a venture started to help people get expert legal services as and when they are required for a low monthly fee.

History

The foundation for PrePaid legal Inc was laid in 1969 when Harland C.Stonecipher got into a vehicle accident that left him in a legal tangle with lots of bills to pay. He started a scheme to offer legal assistance for a small monthly fee. In 1983, PrePaid legal was established as an MLM company to sell its plans through associates. Soon the business expanded to reach fifty states in the US and Canada. However it also had its share of lawsuits from dissatisfied customers as well as representatives.

The Pre Paid Legal Service

If you are a member with Prepaid Legal Services Inc, you could use legal services of expert attorneys for documentations and research work, wills, assistance in traffic violation issues, insurance claims, general minor attorney services and legal help in auto theft cases. Divorce, bankruptcy and criminal charges are not included in the services provided; but as a member, you could get a discount of up to 25% for such cases. The Firm also offers an identity theft monitoring and restoration service.

The PrePaid Legal Services Associate Program

The fee for joining the business opportunity is $49. Commissions range between $69 and $250. Good performers also get perquisites when they achieve targets. Payment is made as soon as orders are submitted; so there’s no waiting period for commissions. Associates are backed by good support from the company and offered training in promoting the business.

Struggling with building a business

This seems like an easy way to make money; however, many people who were lured in with the promise of easy money have faced only disappointment. You may have a vast network of friends, but not everyone shows the same interest as you in this program. The challenges faced by reps in this business are:

-    Most people don’t need legal services regularly; hence they wouldn’t want to spend so much money on prepaid legal services.
-    The company follows a traditional network marketing setup wherein associates are trained to invite people they know to “parties”. Most customers are fed up with such strategies; this technique is not likely to bring in much business.
-    There’s no use in running behind people who’re not interested in your scheme and pleading with them to become members. There can be nothing as irritating as a sales person who keeps calling up on weekends and disturbing one’s peace.

Winning PrePaid Legal Services Strategies

The way you market your business could completely change your income potential. This field has seen extremes in success as well as failure. One way of ensuring good results is promoting your business online. Find out tips and tricks of virtual marketing and you’ll be surprised to see the results in your business.


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