Re: Virtual Recruiting
I agree with Katrina about the "friend" thing. But, I also believe that since your friend is in business that she/he may have a better idea on how to keep the friendship separate from the business.
With that said, again I agree with Katrina, quote your regular hourly rate. Some recruiters work on commission only, but, you can end up working a lot of hours doing hard hitting advertising, social media and networking, and then end up only get paid by each person you bring in. I suggest not doing commission.
Recruiting online will be pretty easy in the since that you will be posting to job boards, social media outlets and forums.
Good luck with your decision,