Online Contract Forms Business Success Stories [2024]
Do confusing legal terms and piles of paperwork make your head spin? An online contract forms business could be your solution.
This idea involves creating customizable, legally-sound contract templates that businesses and individuals can easily access and use. Contracts are a cornerstone of any professional agreement, and having standardized yet customizable forms simplifies legal processes for your clients.
You’ll be offering peace of mind and efficiency—valuable in any industry. The work involves researching various types of contracts, ensuring they meet legal standards, and continuously updating them to reflect changes in the law. You can also offer a subscription model for ongoing access and updates.
Think of the convenience: Clients get quick access to legally vetted contracts, making your service indispensable. If you’re looking for a steady, scalable business, this could be a smart, sustainable choice.
In this list, you'll find real-world online contract forms business success stories and very profitable examples of starting a online contract forms business that makes money.
1. Paperform ($2.62M/year)
Diony McPherson and her husband Dean founded Paperform in 2016 as a lifestyle business. However, the business quickly grew and they made the decision to actively grow the company at the end of 2018. They have now bootstrapped the company to over $1.5 million in annual revenue and have built a team that they love working with.
How much money it makes: $2.62M/year
How much did it cost to start: $5K
How many people on the team: 19
Bootstrapped online form builder Paperform, founded by Diony McPherson and her husband, grew from a lifestyle business launched in 2016 to an annual revenue of over $1.5m by 2021, thanks to investing resources in supporting customers and creating a high-quality product.
2. Siva Solutions Inc. ($60K/year)
Senthil Kumar, the founder of Siva Solutions Inc and American Dental Software, was inspired to start his business after his wife, who is an oral surgeon, told him about the exorbitant prices charged by website developers in the dental industry. As a software developer himself, Kumar saw an opportunity to offer affordable website development solutions specifically tailored to dentists. He incorporated features such as 3D dental education videos and interactive patient forms into the websites, ultimately helping dentists improve their online presence and streamline their processes.
How much money it makes: $60K/year
How many people on the team: 20
Senthil Kumar spearheads Siva Solutions Inc, a game-changing digital marketing and software development company which caters to dentists using an array of well-crafted products to manage patient data and inquiries, thus enabling efficient management of processes, while boosting them to the 1st page on Google.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
