'Medical Staffing Manuals is a one of a kind business, they helped take our business ideas into a business model that works. They helped us understand industry terms, helped us set up our website, create a quality assessment, and policy manual. I cannot thank them enough. Our business would still be in its infancy without them.

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Knowing how to start a medical staffing company for under $1,000 budget is difficult but not impossible. First start by creating a solid business plan to keep start-up and overhead costs under control. Also, consider creating a home office and utilize inexpensive advertising methods to reduce costs. You will also have to do most of the work such as contacting potential clients and finding employees, attending networking events and managing day-to-day business operations.

Write a Business Plan

Start by writing a detailed business plan for starting a medical staffing company. Make sure to provide a description that includes the types of staffing options such as short- and long-term staffing and temp-to-hire. List target markets such as hospitals, clinics, medical offices, hospices, nursing homes, home health care providers, nonprofit organizations and government-run health care programs.

Also, list start-up and overhead costs such as computer software and equipment, phone, Internet and marketing costs. Lastly, determine a financial goal for your first year to maintain momentum.

Register Your Company

Register your company as a limited liability company, partnership or corporation with the secretary of state's office. Consider registering your company as a sole proprietorship if applicable, with the county clerk's office. Apply for an Employer Identification Number (EIN) with the Internal Revenue Service to use on business documents and tax returns. Don't forget to open a business bank account to manage payroll and expenses.

Create Your Office Space

Consider creating a home office to eliminate the costs of leasing office space. 10.6.2 sse2 sse3 intel amd by hazard rar. Purchase computer equipment and small business accounting and database management software. Additional equipment may include filing cabinets, phone, copy machine, desk and chair. Think about purchasing second-hand office furniture to reduce start-up costs.

Determine Fair Prices

Determine how much to charge clients and create a contract that outlines your services, the amount for services and all other terms of service. Specify whether you require a retainer or finder's fee for services on top of a percentage of the wages earned by temporary employees. You can contact others in the medical staffing industry to help determine a fair price for your services.

Determine Staffing Needs

Contact hospital directors, administrative directors, human resource managers, medical office managers, business owners and nonprofit organization leaders in target markets to advertise your services and to determine staffing needs in your area. Also, attend local health fairs, networking and charity events to attract potential clients.

Use Competency Tests

Use competency tests for specific medical position to determine if a potential employee is capable of completing all required duties for the position. If you lack knowledge and experience in the medical field, hire a freelance medical writer using online bidding websites such as Elance or Rentacoder to compose these tests.

Advertise for Staff

Attract those seeking employment in the medical field through online and print ads. Online resources include websites such as Craigslist, CareerBuilder and Monster. You can also post fliers in public places such as grocery stores, college campuses and community centers.

Meet with potential employees in a public place such as coffee shop, library or rent a conference room as needed from a shared workspace or virtual office company. Make sure to schedule employee testing and interviews for days you rent a conference room.

Tip

• Use recycled products, hire interns or a virtual assistant to screen calls, take messages and schedule appointments.

Warning

• Even though you can start a medical staffing company for under $1,000, you will need additional funds to cover employee payroll until you receive payment from clients. This amount can range from $50,000 to $100,000 depending on the number of employees. This is typically higher than other types of staffing companies because of the salaries medical employees earn.

About the Author

Based in the Washington metro area, Jessica Jones has been a freelance writer since 2006, specializing in business topics. Her fiction has also been featured in publications such as 'The Jamaican Observer Sunday Literary Supplement' and at websites including HackWriters. Jones earned a Master of Fine Arts in fiction writing from Lesley University.

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