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
In Part One of this two-part series, we examined the personal aspects of starting a practice… what to consider before committing your time and hard-earned cash. If you missed Part One, you can read it here. Once you’ve checked in with yourself and feel confident about moving forward, the next step is to take your Read More
Are you guilty or winging it? “Winging it” is common, and most of us do it at one time or another. An idea pops in our head, and off we go, with little or no planning. The problem with this approach… It works until it doesn’t. It gets us moving and started but doesn’t lend Read More
It’s an ongoing debate… Some view business planning as essential, whereas others think it’s optional. And some situations may or may not require a business plan. For example: Small, low-risk startups where the business owner has lots of experience or has started a business before. And there are Nurse Practitioners who “fall” into their practice. Read More
For most, writing a business plan is as much fun as going to the dentist! But without a doubt, both activities are necessary and yield a significant return on investment. But still, the majority of future business owners are not keen on business planning. And I get it… Developing a business plan is not the Read More
“What is the first step when starting a business?” It’s a question we’ve been asked time and again over the years. So, what needs to happen first when you’re getting started? Is it purchasing furnishings and equipment, looking for office space, getting credentialed with insurance companies, or hiring employees? No, none of it! The one Read More
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