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
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.