article thumbnail

The 3 Common Mistakes NPs Make Starting Their Practice

Nurse Practitioners in Business

Maybe you are thinking about starting a practice or are in the process of starting one. But unfortunately, it’s tough to avoid making mistakes when starting a practice. However, there are three mistakes NPs commonly make when starting a practice; they are in the areas of credentialing, finances, and marketing.

Medicare 195
article thumbnail

How to Navigate Non-Compete Clauses as a Nurse Practitioner

Nurse Practitioners in Business

Some even have firsthand experience of how restrictive they can be, particularly when transitioning from an employed position to starting a practice. Essentials to consider There are several critical aspects regarding non-compete clauses, especially when considering leaving a job to start a practice or join a competing organization.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Wing It: Plan Your NP Practice

Nurse Practitioners in Business

They create a business plan that serves as their roadmap for starting and growing the practice, and they follow the plan to achieve their operational and financial goals. Business Planning Is Not a One-Time Event Creating and executing a business plan lays the foundation for starting a practice.

article thumbnail

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. Please verify the information in the document before making decisions based on it.

Business 195