Even if your practice is up and running it is probably worth while to look at your business plan. If you are just now planning to start a new practice, having a business plan is essential.
A formal business plan contains many parts. You can get a template free from the US Governments Small Business website. It is a great and free resource. The business plan is your chance to plan for as much contingencies as possible before you spend the money. Brainstorm all the what if's. List them all. Then add up how much money worst case will cost.
Then compute the upside--the most you can make with the business.
Is your business still worth the risk?
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Practical Solutions and Positive Encouragement For The Independent Minded Practitioner
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Many of us ignore the signs that things are not going well in our current jobs, and plod along until the day the guillotine drops. Only then do we spring into action. Unfortunately, after the fact, in the face of the panic and humiliation of job loss, planning your next phase of professional life is too difficult. So when is the best time to plan for a career in solo, independent medical/professional service practice? Now! Think you have a job security as a physician? Think again. Job loss happens to doctors too and it can happen suddenly and unexpectedly. With Suddenly Solo Enhanced: Twelve Steps to Achieving Your Own Totally Independent Medical (Health Care) Practice, you'll be ready when the time comes to strike out on your own. A concise, down and dirty guide, Suddenly Solo Enhanced will give you all the tools you need to start your own medical practice quickly, efficiently, and affordably. This is the quide that has been lacking. An essential read for anyone who is contemplating opening up his or her own medical practice.
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- Richard A Schoor MD FACS
- We are the regional leader in the evaluation and management of men's health, male infertility, vasectomies, vas reversals and fertility preservation services. We place quality and safety above all else and we are results oriented. We treat our referral sources with respect and give them and their patients the best service we can provide.