It often makes sense, as a medical provider, to go into business for yourself. You can set your own hours, set your prices, and have control of all aspects of the business. If you are a physician that is considering private practice, you will want to keep the following planning tips in consideration. Not every physician is prepared to handle the business side of a medical practice.
Are you able to obtain financing?
Opening any business, even a medical practice, takes a lot of capital. You may be able to get financed for your business. However, this will require exceptional credit, a good down payment, and a strong business plan. Lenders want to know that you have more than a medical degree. You will have to prove your business plan and how you will make m
The concept of “business hours” is changing. It used to be nine-to-five — now it’s pretty much whenever the Earth is orbiting the Sun. More people are getting connected and staying connected than ever before in human history, and that means that any business that wants to compete needs to be open 24/7. And with over 90% of Americans within reach of their mobile device all the time, your telephone answering service needs to be up to snuff.
“I don’t need a phone answering service. I’ve already got voicemail.”
Of course you have voicemail. Everyone has voicemail. Your great grandmother has voicemail. And you know what else? Four out of five customers will simply hang up on you if your phone system sends them to voicemail. Your customers (and y