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Consulting advice
Posted on 2/4/16 at 8:09 am
Posted on 2/4/16 at 8:09 am
I've been a one man operation for almost 5 years now and I've been consulting part time for a prominent nurse staffing agency.
I've been successful enough that they have grown from 300 nurses nationwide to 1800. However working full time as a CRNA, and doing this on side, the work is mounting. (They currently own 5% market share and I'd assume they are pulling down 150 million in revenue)
I reached out to a firm in BR for direction but they didn't even give me the time of day. Depressing cause I actually know the guy who started it.
At this point, I'm seeking direction. I need to expand to more employees but I don't really have the business acumen to structure it. I bill 1099 now and solo my gig is up to 40k on about 10 hrs per week, if I expanded I could get someone probably 15k for 5 hrs per week and me another 5 grand.
Anybody got any ideas of a Louisiana business that could guide me in negotiating this contract?
I've been successful enough that they have grown from 300 nurses nationwide to 1800. However working full time as a CRNA, and doing this on side, the work is mounting. (They currently own 5% market share and I'd assume they are pulling down 150 million in revenue)
I reached out to a firm in BR for direction but they didn't even give me the time of day. Depressing cause I actually know the guy who started it.
At this point, I'm seeking direction. I need to expand to more employees but I don't really have the business acumen to structure it. I bill 1099 now and solo my gig is up to 40k on about 10 hrs per week, if I expanded I could get someone probably 15k for 5 hrs per week and me another 5 grand.
Anybody got any ideas of a Louisiana business that could guide me in negotiating this contract?
This post was edited on 2/4/16 at 8:13 am
Posted on 2/4/16 at 8:46 am to L S Usetheforce
How much of this staffing agency success is the result of your input/guidance etc? Just coming from a different angle, but maybe you have the goods to start your own staffing agency. What kind of non-compete type language is in the contract you have with this company?
Posted on 2/4/16 at 9:01 am to L S Usetheforce
I'm confused, you are looking to add someone to your consulting practice to help you with the consulting work?
If you bring someone in to help you, then that person is likely going to be an employee of yours, so you will have payroll tax reporting to handle.
As far as how to find someone, It seems to me you would look for another person with a similar background to yours in nursing, and who would enjoy this different angle of it. IF you have that many nurses around, you should have the contacts to find someone.
Another option is that I believe UNO has a MBA program with an emphasis on Health Care management, so you may be able to contact UNO and they can send you some resumes of their students and recent grads.
If you bring someone in to help you, then that person is likely going to be an employee of yours, so you will have payroll tax reporting to handle.
As far as how to find someone, It seems to me you would look for another person with a similar background to yours in nursing, and who would enjoy this different angle of it. IF you have that many nurses around, you should have the contacts to find someone.
Another option is that I believe UNO has a MBA program with an emphasis on Health Care management, so you may be able to contact UNO and they can send you some resumes of their students and recent grads.
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