2713, Accounting help Posted by mkpfaith, Sun Jul-06-08 09:11 PM
Sitting Connections is my new business I plan to start advertising in another month. I recruit, interview and screen potential caregivers for families needing babysitting, house sitting or pet sitting services. The sitters will be independent contractors. I plan to have families register with me and pay an annual fee of $35. EAch time parents call me requesting a sitter I will bill them $5 and they are to pay the sitters directly. I really need some accounting help to work payments and rates out. Should I set an hourly rate based on number of kids or type of service up-front or have families pay me a placement fee each time and let the sitter determine her rate? What would be the best set up financially?
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