Wondering how to start an immigration law firm? We take you step-by-step from start to success.
(article continues below)
Business Plans for an Immigration Law Firm
One of the worst mistakes you can make as a small business owner is to launch your company without having written business plan for your startup immigration law firm.
A good business plan establishes both a framework and a roadmap for your business. If you don't have a business plan, your leadership will be handicapped, limiting your immigration law firm's ability to succeed long-term.
Start by defining your business mission. The process of writing a mission statement doesn't have to be complicated. From there, the other piece of the business plan puzzle will begin to fall in place.
Take a Look at Competitors
Long before you open an immigration law firm in your area, it's a good idea to see how many competitors you have. Use the link below to find competitors near you. Just enter your city, state and zip code to get a list of immigration law firms in your community.
It's important to be aware of what the competition is doing. Take the time to visit the competition to properly assess their strengths and weaknesses.
A Good Source of Advice
If you want to open an immigration law firm you really ought to have a conversation with someone who is in the business. If you think your local competitors will give you advice, you're being overoptimistic. Why would they want to educate a future competitor?
Fortunately, somebody who runs an immigration law firm in another town may be more than happy to give you a few tips, once they realize that you are not going to directly compete with them in their community. In that case, the business owner may be more than happy to discuss the industry with you. It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.
How do you find an entrepreneur who is running an immigration law firm in a different locale who can assist you?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Advantages of an Immigration Law Firm Purchase
On a percentage basis, more entrepreneurs intend to enter immigration law firm ownership through a startup than through a business purchase. Yet immigration law firm startups aren't easy - many fail within the first year.
There are a lot of factors that need to be considered in buying vs. starting a business. While other startups are just getting on their feet, a business purchase dramatically improves the odds that your immigration law firm will be realizing net income from the outset of your ownership engagement.
Explore Franchising Options
The odds of growing your business are much greater if you opt for franchising in lieu of doing everything yourself.
Prior to starting an immigration law firm, you would be wise to determine whether franchising might be the right move for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own an immigration law firm, these resources will come in handy:
If you came here to learn about selling to immigration law firms, this isn't the right place for you. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.