I'd like to pay my friends while making money for myself. Halp?
March 23, 2010 8:51 AM Subscribe
Help me figure out how to pay people in our new company.
posted by TomMelee to Work & Money (3 answers total) 1 user marked this as a favorite
So...I incorporated a new company, all my registrations are in, documents signed, etc. We're an equal partnership LLC, and we do IT. We've got lawyers working on our contracts (for employees and customers), and generally everything is going swell.
We both actually work regular full time jobs in addition to this company, and what we don't have time to do is recruit sales. We're looking at contract-retainers where people pre-pay for X hours of service a month, as well as one-off jobs, repairs, etc.
I've got some friends with whom I've worked before who I trust and would like to give the chance to make some money. Basically, I want them to politely cold-call, or rather semi-cold-call---go see people we've been asked to see by other clients but who may or may not know we're coming.
I know I plan to 1099 these folks. What I don't know is how to go about figuring out what to pay them? I'm assuming a straight %, which is easy on $200/month contracts but harder on one-off jobs. Also, I plan on training at least one of them on simple maintenance work, and thus they'll need paid-per-job that way too.
So...what are your thoughts? What %? Our fees are very low, like I said we primarily work with non profits but we make up a little with regular corporations. We also do trades...
And, just as a point of reference, if your company pays for contracted IT service, say 5 hours or so a month for an office of ~10 computers, what do you pay?