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Is Now A Good Time to Start A Practice?

Nurse Practitioners in Business

Now, lets get back to the question at hand is this a good time to start a practice? These factors apply across the board, regardless of whether you plan to start a clinic or any other type of business. Healthy demand is essential for any business, including healthcare, as long as demand is matched with reimbursement.

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The First Year: What to Expect When Running a New Nurse Practitioner Practice

Nurse Practitioners in Business

Youve taken the bold step of starting your own nurse practitioner (NP) practice. This is an exciting milestone, but lets face ityour first year in business is going to be a whirlwind. Most practices grow gradually through word-of-mouth and strategic marketing. Market online using social media and Google My Business.

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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.

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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.

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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?

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Starting a Practice Playlist

Nurse Practitioners in Business

It should come as no surprise to anyone reading NP Business, that the most common question we receive is “ How do I start a practice? ” As we get ready to close out 2023, I wanted to post a playlist of our most popular podcasts and blog posts about starting a practice. But that could be a huge mistake.

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3 Things to Consider Before You Start a Practice or Business

Nurse Practitioners in Business

The last couple of years have seen a steep uptick in business startups in the US… we’re talking millions on new businesses! We’ve observed a growing interest in how to start a private practice within the Nurse Practitioner community. Now how do people decide what kind of practice or business to start?