I'm helping someone start a business but not getting paid for it. Please help.?

Question

This is actually in regards to a friend of mine.

She is an expert in the business of gymnastics. She knows how to start a gym, attract Olympic hopefuls, market the business, plan the courses, everything.

The problem is that she has been hired in title as an instructor but since the owners of the business don't know anything about running or starting a gym. So naturally, they want all of her knowledge for the price of an instructor instead of paying her what she deserves as someone who is essentially starting the business for them.

What I am trying to help her do is set a foundation with her new employers. I have been thinking of helping her write a business plan so that she can clearly outline what she is bringing to the table or even justifying a specific amount of money for her efforts in the form of a higher salary.

So if anyone has any advice, document templates, meeting ideas to properly ask for more money, I would greatly appreciate it. And unlike most people who ask questions here, I will indeed select a best answer.

Answer 1

I suggest that you tell your friend to tell her employers that since she was hired as and is paid as an instructor all that she is willing to do is instruct.

Have her tell them that if they want her to take the role of manager that she wants both the title and the pay that goes with it.

Don't bother with a business plan until either she is hired as a manager or unless the two of you are thinking about finding some investors and opening up your own facility.

Hope this helps

Jerry-the-bookkeeper