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Leasing Office Space for Your NP Practice

Nurse Practitioners in Business

One of the early steps when starting a practice is finding office space and signing a lease. Lease Term and Renewal Options Ideally, the lease term (the length of the agreement) would align with your business plans. Be cautious of long leases without early termination clauses, especially if your business model is still evolving.

Business 195
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The 3 Common Mistakes NPs Make Starting Their Practice

Nurse Practitioners in Business

Maybe you are thinking about starting a practice or are in the process of starting one. But unfortunately, it’s tough to avoid making mistakes when starting a practice. Mistakes can happen at any point and across all aspects of building the business. What is it going to cost you to start a practice?

Medicare 195
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How to Navigate Non-Compete Clauses as a Nurse Practitioner

Nurse Practitioners in Business

Some even have firsthand experience of how restrictive they can be, particularly when transitioning from an employed position to starting a practice. Essentials to consider There are several critical aspects regarding non-compete clauses, especially when considering leaving a job to start a practice or join a competing organization.

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Business Structures: What You Must Know…

Nurse Practitioners in Business

Not only must you tend to the medical side of your practice, but many non-medical things need your attention , too. Choosing the correct business entity is one of the most critical decisions when starting a practice, but you dont want to rush it. But first What Is a Business Structure or Entity?

Business 195
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Don’t Wing It: Plan Your NP Practice

Nurse Practitioners in Business

Many Nurse Practitioners enter private practice with a strong passion for patient care but little experience in running a business. The Business of Healthcare Without question, clinical expertise is essential. Yet, planning the business aspect is often neglected. Unfortunately, some NPs skip planning.