The 144 million in gross proceeds is deceitful especially to those new to the employment agency business. It sounds like a huge revenue. But the typical markup on a professional type employee is 25-30%. It could be higher or lower depending on the professional employees expertise.
So, an engineer billing APRO $50.00 an hour will in turn have APRO charge their client
1.25 • $50.00 = $ 62.50 to 1.30 • $50.00 = $65.00 per hour.
This translates into a gross income of between $28.8million to $33.2million based on $144million in proceeds. This is the high end figure. Technicians, tech. writers would be a 15% markup say.
Of the $28.8million to $33.2million APRO HAS to pay workman's comp., unemployment insurance, employer contributions to the employees taxes plus liability insurances. Man it dwinles fast from the boastfull $144MILLION.