[rdtwo]

Thinking about this some more I think your best bet is to start a medical practice with someone. Dentist, physical therapy, psychology, birthing center. Anywhere where you can provide a bunch of folks that are essentially self employed or can be self employed overhead services so they don’t have to deal with it. In many of these the fields are protected from non licensed folks being the main owner so you need to be a 49% partner and have a good contract setup.

You could do it in the trades but it’s harder to get reliable folks and steady work.

[halpert]

What would the ten employees do? Medical staff can be pretty expensive.

[tasogare]

Idea from Japan: having 4 secretaries for a single MD.

[rdtwo]

No too expensive. 1 for 10. Keeping overhead low is key to profit. A tech person to integrate all the billing/phone/computing systems would be a good fit as well.

[simfree]

Handle billable work, ideally making a profit. There are quite a few new dentists graduating every year, $500k could buy an office in a decent location, plus another $100k to $300k to build out the space and gain momentum.

Figure 2 to 4 receptionists, 3 or 4 dental hygienists, the doctor themselves, OP, and whoever else they hire, and you can likely hit 10 employees.

[rdtwo]

Yep this. There are like 6 hygienists or more per dentist.

[rdtwo]

So you have say 1-2 phd level providers 4 masters 2-3 technicians 1-2 trainees and 1-2 billing and schedule people.

Each provider should be able to generate at lest income to cover 130-140% of their salary and the extra 30-40% goes to overhead and support staff salaries.