Running a Private Investigation Service Between cracking cases and running the office, one franchisee uncovers hidden potential in the private-eye business.

By Sara Wilson

Opinions expressed by Entrepreneur contributors are their own.

Private investigation requires more than just a slight step anda keen eye, or so David Wilson has discovered since opening hisLyons & Wolivar Investigations franchise in November 2003. As afranchisee, Wilson's days are intense with cases to crack, butmurders and bank robberies are not among the offenses. Instead,specializing in insurance and workers' compensation fraud caseskeeps his team of five private investigators on their toes. Theycover the Nashville/Memphis, Tennessee, territory by hiding incars, following suspects and interviewing co-workers-anything ittakes to determine whether a suspect has committed fraud.

While the investigation work can be exciting and suspenseful,Wilson prefers to take care of the equally importantbehind-the-scenes tasks. He schedules caseloads, checks in with hisemployees, and markets his franchise. He also compiles andsummarizes reports to send to the insurance carriers andthird-party administrators that hire him. "Privateinvestigators will sit in the back of a car when it's 100degrees outside; but [they've] got to sit there because, ifsomething does happen, [they] need to get it," says Wilson,37. He respects the work his private investigators do but admits,"That doesn't appeal to me. Having and developing abusiness like this and getting in on the front end of somethingwith a lot of potential [does]."

Though much of Wilson's work is undercover, his satisfactionisn't. Not only has he fulfilled his entrepreneurial dream ofinvesting in his own venture, but he is also doing his part tofight the costly problem of workers' comp and insurance fraud."There are obvious situations where you know peopleshouldn't be receiving benefits," he says. "Just thefact that [we're] able to stop a few, and we're all doingthat together, we're going to make a dent. It's a veryviable enterprise for the future."

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Buying / Investing in Business

From a $120M Acquisition to a $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.