A Quick-start Approach to Running Your Own Private Practice: Cost and Check-List

June 15, 2017

A Quick-start Approach to Running Your Own Private Practice: Cost and Check-List

Starting a private practice is a scary move as you are transitioning from the comfort of a regular salary to a more uncertain, entrepreneurial way of earning.

However, when stripped down, the initial starting process of setting up your own practice comes down to just 5 items, which may cost less than $200.

A Quick-start Approach to Running Your Own Private Practice: Cost and Check-List

A Quick-start Approach to Running Your Own Private Practice: Cost and Check-List

Here is a check-list of what you need to quick-start your private practice cost efficiently: 

What?

How?

How Much?

Location

You have several options on how to organize the location of your private practice: you can rent or sublease an office long term, you can choose to rent or sublease on a per-session or day-to-day basis.

Depending on location and type

PLLC Legal Paperwork

The process only takes 15-20 minutes and you can have your LLC within a week if everything goes smooth.

$99 (depending on state)

Phone Line

Use your private cell phone and there are a few technologies out there that lets you set up multiple phone lines so that you don’t mix up private and professional calls. 

Approximately $12 per month

Website

The internet is your best friend when it comes to finding clients - so a website is crucial when setting up a new private practice.

Approximately $5 per month

Business Cards

Business Cards are necessary when you meet potential clients or partners - especially if you’re planning to introduce yourself to local practices and hospitals to get referrals. They are the first impression people have of you - so make it count.

Approximately $25

 

Let Therasoft take care of all your documentation.

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