Another exhausting week … You spend less and less time with patients and more on administrative tasks. Decisions that affect your patients are made by bureaucrats who have never met or spoken with the people they are affecting. Disillusioned and disappointed, a recurring thought keeps coming back into your mind: “Why don’t I start my Read More
There are 6 habits that practice owners have, often for the sake of time, that will hurt their practices. It’s widely known that most businesses fail because of poor cash flow. These 6 habits directly contribute to negatively impacting your practices’ financial health. Habit: Failure to verify If your practice accepts insurance coverage, you must Read More
If you’ve been thinking about starting a business, there are three fundamental things to consider before making any decisions. These three considerations apply regardless if you want to start a clinical or non-clinical business. And… they hold true no matter if your new venture is full-time or part-time. Starting a business doesn’t come with any Read More
We talked about revenue and expenses last week. Did you get a chance to look at the numbers for your practice? Was there room for adjusting one or the other, or perhaps both? What would you have to do to increase your revenue, decrease your expenses, or perhaps a combination of the two? If you Read More
A reader recently asked us, how do I choose a niche. I think this is a great question because every business – both clinical and non-clinical – needs a niche. This topic also came up at the recent NP Business Boot Camp (get on the waiting list for the next boot camp here) as well, so let’s Read More
Starting a business is high on the list of goals for many nurses and nurse practitioners. Many of us want to start a clinically related business, and others do not. Regardless of what type of business you want to start, there are specific considerations you’ll want to understand before you move forward. Take a look Read More
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