Are you guilty or winging it? “Winging it” is common, and most of us do it at one time or another. An idea pops in our head, and off we go, with little or no planning. The problem with this approach… It works until it doesn’t. It gets us moving and started but doesn’t lend […] The post Don’t Wing It: Plan Your NP Practice appeared first on Nurse Practitioners in Business ..read more

As an NP in private practice, you’re balancing patient care with operating a business. Unfortunately, the two don’t always align. All business owners are looking for ways to increase income and boost the bottom line. Upselling and cross-selling are widely used practices to do just that; they increase the value of a sale or service. […] The post Upsells in Healthcare: Ethical, Legal, Risky? appeared first on Nurse Practitioners in Business ..read more

Chances are you’ve heard some version of “Would you like fries with that?” when buying a domain name before. After you decide on a name and enter your credit card, most domain registrars offer a string of add-ons.  And you wonder, rightly so, if you need any of them. The most common add-ons include products […] The post Buying a Domain Name: Do You Need the Add-Ons? appeared first on Nurse Practitioners in Business ..read more

Picking a name for your business is one of the first steps to launching an independent Nurse Practitioner practice. The business name you choose will shape your “brand” identity, influence how patients and colleagues perceive you, and impact your ability to market and grow your practice over time. A well-chosen name can serve you for […] The post Choosing the Best Name for Your Nurse Practitioner Practice appeared first on Nurse Practitioners in Business ..read more

As a healthcare provider and business owner, you are no stranger to stress.Sometimes, the stress can feel overwhelming, from caring for patients to managing your office and everything in between. Yet stress, if ignored, can build up and eventually lead to burnout.But it doesn’t have to end this way…Don’t allow stress to reach a level […] The post How To Use Journaling To Manage Stress appeared first on Nurse Practitioners in Business ..read more

The tax season is moving into full swing. People and businesses get ready to file their yearly income tax. While business filing dates can vary with the choice of business structure and date of formation, most small business owners file their business taxes when they file their personal tax returns. Filing taxes should be simple […] The post Don’t Let Tax Season Sneak Up: Use This Checklist appeared first on Nurse Practitioners in Business ..read more

You’ve probably heard the phrase “Cash is King.” What does that mean for your Nurse Practitioner (NP) practice? If you’re bringing in plenty of revenue, that should mean your practice is financially healthy, right? Well, not necessarily. Many business owners falsely assume their business is doing well if they bring in lots of money. And […] The post Why Practice Cash Flow Is More Important Than You Think appeared first on Nurse Practitioners in Business ..read more

Tracking the financial health of your practice is as important as tracking the physical health of a person. Both utilize data and define milestones to track and evaluate progress. Comfortable… As a Nurse Practitioner, you’re comfortable with the physical side of things… a patient’s weight, blood pressure, lab results, and the like. You collect and […] The post The Key To Understanding Your Practice Finances appeared first on Nurse Practitioners in Business ..read more

If you’ve been in practice for any length of time, whether as a practice owner or employee, you know firsthand how disruptive and annoying missed and late appointments can be. Your schedule is turned upside down, patient flow and workflow are disrupted, and the practice revenue goes down. While unpleasant and annoying, missed and late […] The post Late Arrivals, No-Shows? Effective Strategies for NPs appeared first on Nurse Practitioners in Business ..read more

Stepping out and starting your own practice is exciting. At the same time, entering unfamiliar territory may feel scary and intimidating. Not only must you tend to the medical side of your practice, but many non-medical things need your attention, too. And to make matters worse, sometimes, decisions must be made faster than you’d like. […] The post Business Structures: What You Must Know… appeared first on Nurse Practitioners in Business ..read more