John Newman
A subscription to an online database or software application could generate significant income and create long-term customers. This app-on-tap website devoted to legal forms and contracts invites you to model its success.
My ideal subscription website business model is the application on tap or online software program. It works like this: In effect, you rent your customer access to a website tool, usually a software product or database, that provides an immediate solution to a specific problem.
If you create the right program or database, you could have happy customers returning to your site and paying you regularly for a long, long time.
The right application website could attract tens of thousands, maybe even hundreds of thousands of subscribers a year. If your site attracted 20,000 members at $50 per year, that would generate $1 million in gross revenue. Not too shabby.
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If your site attracted 20,000 members at $50 per year, that would generate $1 million in gross revenue.
Consider QuickForms.net, a site for drafting and reviewing contract documents. The app-on-tap website was created by an attorney for use by other lawyers as well as contract administrators.
QuickForms is a quick, cheap and effective tool that enables you to create a “near-customized, quality control check version of a form.” It does this by capturing your answers to the questions it asks you when using the program online.
A database of more than 5,000 pages of content can be applied to your document, resulting in the creation of a perfectly respectable first draft.
There is no charge for exploring QuickForms. You can try out the QuickForms methodology for free, even if you don’t intend to purchase a QuickForm right away. You will not be charged the $19.95 price until you finish the drafting session and submit an order form.
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Once you access QuickForms and select a document to draft, QuickForms presents you with a series of interactive questions. The questions identify important issues and give you a wide range of acceptable approaches. Just answer each question. QuickForms keeps track of your answers and automatically presents the next relevant question interactively.
Document orders are processed and approved in real time. Once approved, the system generates the document and emails it to you.
QuickForm Contracts is not intended to cut attorneys out of transactions. Instead, QuickForms collapses the time and expense of preparing a near custom first draft agreement, so you can quickly proceed to legal review before it is signed.
How you could participate
QuickForms Legal Author John Newman is an entrepreneur who recognizes the value of the program he has created and how others could benefit from it.
He offers to provide experienced drafting services to help you automate your own model agreements using the QuickForms platform.
“With over 13 years’ experience, and with our proprietary testing and debugging toolkit, projects that previously took months can now be designed, developed, tested and deployed in a few weeks,” his website promises.
Once the content is automated, you have the option of having it hosted on his server at a commercial data center. You can make your documents available to your users at no charge, or you can charge visitors a pay-per-use fee for the content. Newman’s system can process the credit card payments securely and handle automated document delivery and reporting.
