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20 Dec 2015

Medical staffing
I needed to create the record straight and tell all of my readers
that indeed the medical staffing industry is very profitable.
Infact, hardly any other industry has this type of ease of entry with low
startup capital.

So, just how much is it possible to make? Ok, consider the numbers.

Let's imagine you start out your medical staffing agency specializing
in either nursing staffing, radiology staffing or any field
within the medical staffing industry.

With under a number of thousand dollars it is possible to basically
have your whole business installed and operating. Profit begins
very quickly before you start to deliver staffing.

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

It's not at all impossible to get a new medical staffing agency
to start billing after twelve months 1 million dollars.

The gross margin then will likely be roughly $250,000 and say
you employ $100,000 for internal expenses. Which means
you are playing $150,000.

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

Same with medical staffing profitable? Yes, it is.

Will be the business an easy task to run? No longer easy than some other
business you might own.

Is it challenging? Any organization you take have their challenges.

Will there be risk? Service repair shop has risk.

Things i discovered from running other businesses is
that you will not find the perfect business to start out that
doesn't have any problems linked to it. A good thing you
can perform it begin a business that you know something about,
enjoy and can be profitable.

Combine the three areas and you will have an excellent
Business

Knowledge + Enjoyment + Cash Potential = Success


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