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All businesses have one thing in common – they need cash! Healthcare practices are no different. You need capital on hand to buy the equipment you need to start your practice, and you’ll need money to keep things going while you build your patient base. In this episode of practiceDNA we look at the different ways you can fund your practice as you are starting out. We then discuss the best way to put the money to work in your business. Listen to the episode to discover more.
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If you have decided to start your own practice, you may be tempted to run off and start looking for premises, designing logos etc. At that point though it pays to stop and spend some time planning your business. One of the first things you need to do is decide do you want a general practice, or are you going to focus on a particular patient group or disorder? This can guide many of the decisions that you need to make such as practice location, marketing and business name. Listen to the podcast to find out more.
Questions? Comments? Please leave them below.
Starting your own practice isn’t something to be entered into lightly. And while we are all for people starting a business (that’s the whole point of this podcast!), we hate to see people trapped by a decision that they have discovered wasn’t right for them. In this episode we discuss some of the challenges you’ll face and things you’ll have to learn if you start your own practice – just so you know what you’re getting yourself in for!
So listen to this episode now and let us know what you think using the comments section below.
After listening to our first episode you may have decided that being self-employed is the way for you to go. You have to be sure though that you meet certain criteria in order to be considered self-employed by authorities such as the tax office. In this episode we review those criteria, and offer advice on how best to ensure you don’t get caught in the trap of thinking that you are self-employed while actually being an employee.
In this first episode of practice DNA we give a quick overview of the show’s aim (to help you setup, build and run your own practice) and future topics we’re going to cover on the podcast. We then look at self employed and employed status from both the employee and practice owner’s perspective, and discuss which is right for you. Either listen now or download the podcast by right clicking and selecting “Save As” on the link below.
Be sure to subscribe to the show in iTunes to get the latest episode delivered straight to your ear buds. Questions, comments? Leave a comment below.