article thumbnail

Choosing the Best Name for Your Nurse Practitioner Practice

Nurse Practitioners in Business

Picking a name for your business is one of the first steps to launching an independent Nurse Practitioner practice. Jane Doe, LLC will appear on all legal documents, whereas Mainstreet Clinic will appear on your marketing materials., Heres an example Lets say your practice is registered under your own name, Jane Doe, LLC.,

article thumbnail

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

Nurse Practitioners in Business

Now, lets go through the checklist #1 Gather Essential Business Documents While this is an essential step, it may take the longest. Make sure you have all the necessary financial documents in one place. Below are the business documents you may need to prepare your return. Retain copies of all tax documents in case of an audit.

Business 286
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Take The Deduction; Pay Less Tax

Nurse Practitioners in Business

You must be able to document all expenses or losses you claim as a deduction. Maintain all receipts and documentation of your expenses in either digital or paper format. If you are audited but cant support your deduction with proper documentation, the IRS may disallow the deduction, and you may be required to pay additional tax.

Business 195
article thumbnail

How To Use Journaling To Manage Stress

Nurse Practitioners in Business

Tracks Progress: By regularly documenting your thoughts and experiences, you can reflect on your growth, celebrate your wins, and monitor changing stress levels over time. In Summary Journaling is a powerful, simple, and inexpensive tool available to everyone facing stress, including Nurse Practitioners in practice.

Self-Care 221
article thumbnail

Marketing Smart: Is Your Advertising FTC Compliant?

Nurse Practitioners in Business

Why would you worry about that as a Nurse Practitioner practice owner? For most Nurse Practitioners, this ruling means that non-compete clauses are a thing of the past, freeing them from previous restrictions and limitations. The ruling is set to go into effect in early September.

article thumbnail

How to Navigate Non-Compete Clauses as a Nurse Practitioner

Nurse Practitioners in Business

Most Nurse Practitioners are familiar with non-compete clauses. Here is a breakdown of what NPs must know and do: Read the Contract Sadly, too many people don’t read through the legal documents they are about to sign. However, reading an employment contract (or any contract) is non-negotiable!

article thumbnail

Why Practice Cash Flow Is More Important Than You Think

Nurse Practitioners in Business

What does that mean for your Nurse Practitioner (NP) practice? Other claims are kicked back, and additional information or documentation is requested from you. Drop a comment below and let us know… The post Why Practice Cash Flow Is More Important Than You Think appeared first on Nurse Practitioners in Business.

Business 195