Starting An Agency

Has anyone started this from scratch?

I did just that. See my post (#79) under the heading "Nurses in other professions.

Start out slow - just you or maybe one other nurse. Then work to expand if you want to. You start out too fast or too big and you can get overloaded.

Figure 6-8 weeks from the time you bill to the time you actually receive a check. I am glad to share information, but will only do so if I am contacted by e-mail or private message due to the advertising restriction which I support.

edited to remove solicitation.

A Moderator.

edited by The Moderator to remove solicitation.

This is a violation of TOS; if you have any questions feel free to PM me.

Hi,
I've started my own agency and have learned quite a bit in the last 5 years....e-mail me if u want more info.

Some of you are saying that it is expensive and need a lot of capital to start your own agency, but let me tell you what we did. I started my agency with $0.00 in the bank. That's right, zero! I was able to get my first contract with the local hospital (it's all about who you know!) If you've worked at a hospital before and got to know the staff and directors, then that's a big plus. I spent $100.00 on a package I received off the internet that came with a book and sample contracts to get me started. Once I got my contract, I pulled all the shifts in the beginning that way I got all the money I didn't have to pay any employees. By the way, I'm only an LPN and charged $32.00-$33.00 per hour. Just after two weeks, I hired about six more employees and they started pulling shifts. It also works out good because the hospital pays my invoice every two weeks, the same time they do their payroll. So, I pay my employees every two weeks when I get the check from the hospital. I realize not every hospital will do this, but if you can find one that will and get that contract, it really is not expensive to start. Also, you can purchase a program like Quickbooks for about $200.00 to process your payroll, it's really easy. Any questions, please feel free to email me. Hope this helps!

edited by Moderator to remove advertising.

I feel that people on this forum do know the answer to this enquiry. Can you please share how an individual nurse can research for exact hourly rate that agencies charge the facilities for RN work.

thank you for your answers.

LIHHRN

Ask the hospitals in your area, such as unit managers. I have found out the rates that way, so I'm sure you can too. I have even talked to recruiters who have told me their bill rates on contracts I have done, or was interested in. Good Luck!

You have to approach each facility with a contract and have a pay figure in mind.....Agencies will not tell you what they are charging...It is against the business that they are creating. It would be silly for me to give you a figure so that you could take business away from my employees.