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19 Dec 2015

Heathcare staffing
I needed to put the record straight and tell all my readers
that indeed the medical staffing market is very profitable.
Infact, no other industry has this kind of easy entry with low
startup capital.

Medical staffing
So, just how much could you make? Ok, consider the numbers.

Let's say you commence your medical staffing agency specializing
in a choice of nursing staffing, radiology staffing or any field
within the medical staffing industry.

With under a number of thousand dollars you'll be able to basically
have all of your business installed and operating. Profit begins
very quickly once you begin to provide staffing.

A standard for gross profit is between 15% to 25%.
The gross profit is what you have to cover yourself,
pay your rents/utilities, pay internal staff and then for any legal
or marketing expenses you could have.

It isn't impossible for the new medical staffing agency
to start out billing after one year 1 million dollars.

The gross margin then will be roughly $250,000 and say
you have $100,000 for internal expenses. Meaning
you might be left with $150,000.

A business I helped consult for after five years doing
business was billing 5 Million dollars per year. She paid
herself $200,000 a year and used all of those other money
to rent a nicer office, hire recruiters and hire more
internal staff.

So is medical staffing profitable? Yes, it's.

Is the business an easy task to run? Forget about easy than some other
business you could own.

Is it challenging? Service repair shop you have has its own challenges.

Is there risk? Any company has risk.

What I have learned from running others is
that you won't discover the perfect business to begin that
does not have any problems related to it. A very important thing you
can do it begin a business that you know something about,
enjoy and can be profitable.

Combine the 3 areas you may have an effective

Knowledge + Enjoyment + Cash Potential = Success


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