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Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

People and businesses get ready to file their yearly income tax. While business filing dates can vary with the choice of business structure and date of formation, most small business owners file their business taxes when they file their personal tax returns. The tax season is moving into full swing.

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How to Reduce Staffing Costs in Your NP Practice

Nurse Practitioners in Business

Here are the top three expense categories typically seen in a small practice: Employee expenses: payroll, benefits, taxes Rent & Utilities: office space & water, gas, electricity, internet Insurance: medical malpractice, general liability, property, workers compensation, and other types of coverage. Insurance is a non-negotiable.

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Building an Emergency Fund for Your Practice

Nurse Practitioners in Business

Do you have an emergency fund for yourself and your business? As a business owner, you may be exposed to additional risks further impacting your ability to conduct business and generate income. In Summary, Is it safe to say we all agree on the importance of building an emergency fund for our business and personal lives?

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Record-Keeping Beyond Charts

Nurse Practitioners in Business

Financial Records Every business is required to track and record all income and expenses. Maintain records of Breach Notification Policies, Business Associate Agreements, and Access Logs (if applicable). Business financial & tax records for 7 years (check current IRS rules). Record Retention: How Long is Long Enough?

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From Bedside to Business: Exploring Opportunities for Nurses

Empowered Nurses

What if your nursing expertise could become the foundation of a thriving business? For many nurses, exploring entrepreneurial opportunities offers a chance to expand their impact and take control of their professional futures. Lets explore some exciting paths where you can transform your expertise into business success.

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Is Nurse Midwifery the Right Pathway for You?

Registered Nursing

Private Practice: Entrepreneurial opportunity with maximum autonomy, ability to shape your clinical approach, and potential for higher earningsbalanced against business management responsibilities and irregular hours.

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Is Your Practice Ready for Growth?

Nurse Practitioners in Business

Many NP business owners seek ways to grow their practices, not only by seeing more patients, but also by diversifying their revenue streams beyond traditional patient visits. Scope of Practice, Licensing, Malpractice Is the service within your scope of practice? How would it impact your malpractice coverage?