I am trying to get information about the ways that independant contractors get paid.
I am hiring a colleague in the interest of expanding my business and helping her grow as a therapist at the same time. I will not be charging her rent, but will be adding her as a therapist so that new clients whose schedules do not allow them to come during my hours can see her. She has been practicing on her own for several years, but her business has slowed down so much that she only has a handful of clients left. She will receive increased exposure in the community and an opportunity to grow her client base through my business. We have agreed that she will pay me a "service" charge for basic administrative duties and client referrals. I look at it as an opportunity to "work smarter, not harder".
We are trying to work out how much I should charge her, so I am looking for a baseline of what is the common practice in our area.
If you have ever worked as an independant contractor for someone here are my questions:
1) Did you pay an hourly rate or a percentage?
2) Did you pay per regular massage rate, regardless of any discounts being offered by the location/owner? or Did you pay according to what your receipts were at the end of the day, which would fluctuate depending on discounts?
3) Assuming the clients paid the business/owner, how often did you get a check for your services rendered? (weekly, bi-weekly, monthly?)
4) Did you get business cards made to match the business you were contracting for?
5) What advice would you give me as a therapist/owner that can help me maintain a good relationship with my colleague while acting as her "boss"?
thank you so much for your help