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Business Structures: What You Must Know…

Nurse Practitioners in Business

Choosing the correct business entity is one of the most critical decisions when starting a practice, but you dont want to rush it. So now, lets break down whats involved in choosing a legal structure or business entity. But first What Is a Business Structure or Entity? In the event a business owner dies, the business ends.

Business 195
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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.

Business 286
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Why Legal Nurse Consulting Is the Easiest Business to Start

Empowered Nurses

Starting a business may sound intimidating, but as a nurse, you already have the perfect foundation to succeed in legal nurse consulting (LNC). In fact, among the many business opportunities available to nurses, legal nurse consulting stands out as one of the easiest and most lucrative to start. Heres why: 1.

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NPs and Professional Liability Insurance: Getting it Right

Nurse Practitioners in Business

Professional liability insurance, also known as malpractice insurance, is a crucial component of protecting nurse practitioners (NPs) in their practice. Whether you’re a business owner or employed by someone else, having your own policy is essential. rise in total claims. You’ll also find us in your favorite podcast player.

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How To Close A Practice – The Right Way

Nurse Practitioners in Business

In the US, as you may know, most small businesses fail in the first 5 years. Life commitments may change; the business owner may move into the season of life where one looks toward retirement. When closing a business, several legal obligations must be fulfilled to ensure a smooth process and avoid legal troubles.

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What you need to understand about Medicare cuts

Nurse Practitioners in Business

” by NPs who are new to business and those who have been in practice for years. The post What you need to understand about Medicare cuts appeared first on Nurse Practitioners in Business. Will you really lose money by seeing Medicare patients? I am constantly asked “Should I opt out of Medicare?”

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Starting A Practice: Questions Every Nurse Practitioner Should Ask

Nurse Practitioners in Business

But when you start a practice, it’s up to you to set boundaries, create the rules, and shape the business overall. Or do you want to generate more income, create a real asset, and build a business for yourself? Are you willing to learn and educate yourself about business ? Do you have clear personal and business goals?