| How much money do you need? | | | | before I actually secured my first account. It was not |
| In my experience I have seen medical staffing | | | | difficult to do and many medical facilities require certain |
| agencies start-up capital range from $5,000 to | | | | key documents to get started. THey usually don't care |
| $300,000. Having more money does not guarantee | | | | if you have a office, answering service, marketing |
| success and having less money does not mean failure. | | | | material or any expensive start-up costs. |
| How much money you will need will depend on many | | | | To get started you need just a few basic inexpensive |
| factors. Some of which will depend on if you are | | | | key elements. It does not matter if you are a nurse, |
| planning to rent an office, hire employees or work the | | | | ultrasound tech, radiology tech, respiratory tech or any |
| business initially yourself. | | | | other medical niche. |
| Take a look at the bottom list, it will give you a better | | | | I found that people make it so difficult to start there |
| idea as to the cost opening up a medical staffing | | | | medical staffing agency. You can start your medical |
| agency. The list assumes you are opening up an | | | | staffing agency in less than a week and have our first |
| actual office. I have consulted for many medical | | | | contract before the month is over. It is very easy and |
| staffing agencies and I have seen some of the most | | | | the simle steps to get started are fundamental and |
| successful medical staffing agencies start from a | | | | easy. |
| room in there garage a cell phone and conduct | | | | You can choose to spend thousands of dollars, you |
| meetings at Starbucks. | | | | can hundreds of thousands of dollars to franchises or |
| Start-Up Expenses | | | | you can simply just start. |
| Rent/deposit $600 -$4,000 | | | | Starting your medical staffing agency is a simple ten |
| Equipment: $2,000-$5000 | | | | step process. The process is not difficult and you |
| Software: $500-$2000 | | | | should not have to pay ten thousand dollars to learn |
| Insurance: $100-$4000 | | | | how. |
| Signage $500-$1500 | | | | It should not take you more than five days to be up |
| Leashold improvements $0-$3000 | | | | and running. Your medical staffing agency does require |
| Legal/Accounting $200-3000 | | | | certain documents and certain types of insurance, but |
| Owner Salary $3000-$5000 | | | | those are easy to get and do not require much leg |
| Advertising $500-$2000 | | | | work. |
| Phone/Utilities $200-$700 | | | | If you are in the industry and are looking to provide |
| Misc $200-$500 | | | | medical staffing services using you as an independent |
| Can You Start With Less Than $5,000? | | | | contractor, you already have half the battle done. Your |
| Yes you can, it is possible and it has been done. There | | | | medical staffing services can be offered in less than |
| are many factors to consider when starting a medical | | | | five days. I was able to get my entire medical staffing |
| staffing agency. You can start for under $5,000 if you | | | | business up and running in less than two days, but it |
| decide to it on your own, staff yourself and slowly | | | | was because I have years of experience working in |
| grow. | | | | the medical staffing industry. |
| I started my medical staffing agency for under $1,000 | | | | |