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Episode #53 What Does it Cost to Start a Practice

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Manage episode 321368994 series 2801557
Content provided by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Nurse Practitioners often ask in our Facebook group, what does it cost to start a practice? As you might expect, the answers that group members give are all over the board.

The question is essentially impossible to answer without further information. There are a lot of variables involved.

  • What kind of practice?
  • Where is it located?
  • What is the size of the practice?

And that's just to start with.

In order to accurately estimate your startup cost, and ultimately, your operating cost, you are going to have to do some research and planning.

In this episode of the NP Business Matters Podcast, I discuss many of the variables, though it's impossible to cover them all. However, you'll get a good idea of where to start, and then you can go from there.

At the end of the podcast, I also make an exciting announcement, so you don't want to miss it!
https://npbusiness.org/startupcost

Find us on Social:

  continue reading

95 episodes

Artwork
iconShare
 
Manage episode 321368994 series 2801557
Content provided by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Barbara C. Phillips, NP, FAANP, Barbara C. Phillips, NP, and FAANP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Nurse Practitioners often ask in our Facebook group, what does it cost to start a practice? As you might expect, the answers that group members give are all over the board.

The question is essentially impossible to answer without further information. There are a lot of variables involved.

  • What kind of practice?
  • Where is it located?
  • What is the size of the practice?

And that's just to start with.

In order to accurately estimate your startup cost, and ultimately, your operating cost, you are going to have to do some research and planning.

In this episode of the NP Business Matters Podcast, I discuss many of the variables, though it's impossible to cover them all. However, you'll get a good idea of where to start, and then you can go from there.

At the end of the podcast, I also make an exciting announcement, so you don't want to miss it!
https://npbusiness.org/startupcost

Find us on Social:

  continue reading

95 episodes

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