Now then, whilst it is possible to be a freelance private investigator, it’s also an extremely good idea to set up your own private investigation company in order to gain more clients and, more importantly, to gain more money. However, setting up your own private investigator company can be confusing at the best of times so that’s where I come in. Here’s a quick guide to setting up your own company in a flash.
Work out What You’re Going to Do
Before you even go about starting your business, you, as a prospective investigator, must work out exactly what sort of services you intend to supply your clients with. For example, are you going to provide clients with debt collection services, tracing or internal theft investigation. That’s only a short list; the list of potential services is endless.
Make Sure You’re Qualified
Once you’ve decided what sort of service you wish to provide, the next thing to do is to ensure that you’re qualified to provide this service. Various rules and regulations state that an investigator should not offer clients any services which they are not qualified to provide. However, if you are not qualified to provide the services, you may still be able to provide them on an agency basis. Becoming a member of a trade association or other professional body can open a large network of other agents who may be able to act on behalf of the private investigators in situations where qualifications are necessary.
Any investigation business should also make sure that they comply with the Consumer Credit Act licensing as well as the Date Protection Act which is a legal requirement for all businesses and therefore should not be overlooked.
When it comes to your business, it’s also advised that private investigators become members of professional trade bodies so that they can ensure that they are always kept up to date with the latest government legislation which may affect their business. Whilst larger businesses might be able to provide their own training facilities, smaller businesses should take advantages of all service offers from trade associations and other professional associations.
After the private investigator has insured that they comply with all of the above regulations, they must also make sure that their premises, advertising and investigative equipment meets with all ‘normal’ business rules and regulations. To keep things simple, it’s best to make sure that you work along the same lines as legal service providers in terms of advertising and premises.
Whilst it might seem like a potentially confusing, not to mention daunting task, setting up your own investigation business needn’t be a legal minefield. As long as you ensure that you work within the guidelines set by the government, your business should become successful and legal. If you are still confused about some of the legal requirements, it might be worth seeing a legal advisor who will be qualified to instruct you on how best to go about setting up a legal private investigation business.