I have approached a clinic for hiring one of their rooms for treatments.
They would keep 40% per treatment. (60:40 to therapist)
This will include a couch, they will make appointments, take payments (which I have to invoice them end of month).
I have to do most of the marketing.
Is this a good deal?
What therapies do you practise, and what are your charges? On the face of it I think that 60-40 to therapist is a bit steep 70-30 would be more realistic. The room is better occupied at that price, than being empty and bringing in no revenue.
I Agree with paula, however I think you will find that most clinics charge at least 40 or even 50% to rent a room from them.
Likewise I know places that do 40:60 split...I work in a place that takes only1/3 but they offer very little and i get quite annoyed at the inconsistent service that is offered.....might be worht trying to negotiate a discount if you do a certain amount of business...think too that you are not paying when you are not earning...some benefit there!
Thank you to all for your advice, I'll try to negotiate.
Thanks once again.
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If you have to do most of the marketing then 40% is horrendous. If you are any good at marketing then you can set up your own business and get 100% less of course the overheads. It is the marketing that is the main issue. If they supply the clients even then them keeping 60% is too much. All they are doing is employing you and paying employee rates without them having to take responsibility for employment issues. I wouldn`t dream of renting a room based on percentage at more than 30% to them. Maximum. Caroline