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How to Start a Private Practice in One Day (almost $200)
UPDATE (06/28/18): When we created this video, Grasshopper was $12/month but now their cheapest plan is $29. Also, Grasshopper will not sign a BAA so if you want a fully HIPAA compliant and secure platform for phones and texting Spruce is a great option!
UPDATE (12/15/16): After creating this video and article, several people have informed me of the prices of the LLC/PLLC in their state. Because of the difference in costs of the LLC/PLLC, that portion may raise your costs above $200, but you can still do it in one day! Also, although LegalZoom is good, I now think that Swyft File is even better, cheaper, and has better customer service.
When I wondered about how to start a private practice , it took forever! First I had to figure out what to do (which was a ton of time) then I had to actually do it. There were people that gave advice, but it was so confusing. Maybe it was because there aren’t as many resources out there, but it seemed like such a huge endeavor to start a private practice!
Rent a space or sublease on a per session or per day basis so that you reduce your overhead. Find out when other counselors are not using the office and use those days so that it helps them make extra money and you have limited liability.
This takes about 15-20 minutes and will be around $49 + state fees, depending on your state. My best friend just did this in Michigan for around $99 through Swyft File . He had the LLC within a week.
You already have a cell phone and phone systems are usually $500-$1,000 plus $25-$40 per line per month. I use Grasshopper , because it gives a custom phone line that uses the cellphone for only $12/month. The phone calls ring your cell phone and then go to your private practice voicemail. It can ring multiple phones too.
When launching a website you want one that is responsive, meaning it changes based on the device being used. Also, you want to be able to adapt and change it over time when technology changes, without losing content or have to hire a web developer. Bluehost gives you that control, helps you rank higher in Google, and doesn’t cost $60 per month like some Therapy Website companies.
There are tons of cheap options for business cards. I used to use them, but honestly, a business card is often one of the first impressions that someone has of you and your private practice. Having a unique or thicker business card helps you stand out. I’ve used MOO for a few years and honestly every single person says, “These are so cool, where did you get these business cards?”
Definitely download my 28-step checklist on how to start a counseling private practice.
What I mean by that, is don’t get into some 3-5 year lease with month payments before you even have clients. Instead, work with an established private practice to sublease space when they don’t use it. I’m sure there a are counselors in private practice that don’t use their offices every night and weekend.
Here’s how the a conversation about renting a private practice space might go:
“Hi, this is Joe Sanok, I’m opening Mental Wellness Counseling in the next few weeks, may I speak with Dr. Thomas?”
“Hey Dr. Thomas, I’ve looked through your website and it looks like your space is in an area of town that I’m looking to rent. I’m exploring ways to initially start a private practice with lower start up by subleasing or renting by the hour. I’m wondering if there are times that you don’t use your office that you would be interested in discussing me renting?”
Often times it takes some follow up meetings and realistically you won’t be able to get this confirmed in one day, but sometimes you get lucky!
First, I’m not a lawyer or attorney, so make sure you look at your state’s rules, regulations, and expected paperwork. What is a LLC? A LLC (Limited Liability Company) is a structure for a private practice (or any company for that matter). It separates your own assets from that of the company, making it harder for someone to sue you personally, go after your personal assets (home, retirement, money) if they win a lawsuit. Also, you can then have a bank account and use the name with the full legal protection. You can also file a DBA (doing business as) but it does not have the same legal protection.
Launching a website is essential for any business, but with website development costs, it’s hard to know where to spend your money. Bluehost offers hosting (where the info is stored) and the ability to purchase your URL (the www.____.com thingy). Also, by installing WordPress you’ll have great control for ranking higher in Google.
Lastly, business cards are your very first impression-maker. Don’t skimp! A private practice business card should be sturdy, unique, and represent you! Get something cool, fresh, hip, and amazing, people will make the assumption that your private practice is edgy, able to handle new and complex situations, and stays up on technology. Check these things out!
Private practice website : $5/month, but 1 year has to be paid at once. $60
Private practice business cards : $25+ depending on what you choose
I use every single one of these products, that is why I became an affiliate with each of them. I want you to know that:
1. I love and use all of these products
2. I am an affiliate, which means that I get some money for referring you to these companies (Check out my monthly income reports , where I tell you exactly how much I make so you see my full transparency)
3. If you need any support with these products, just let me know, I’d be glad to help!
Joe Sanok is keynote and TEDx speaker , business consultant , and podcaster. Joe has the #1 podcast for counselors, The Practice of the Practice Podcast . Joe is a also writer for PsychCentral, has been featured on the Huffington Post, Forbes, GOOD Magazine, Reader’s Digest, Entrepreneur on Fire, and Yahoo News. He is the author of five books and has been named the Therapist Resource top podcast, consultant, and blogger.
How to Start a Private School (with Pictures) - wikiHow
How to Start a Private Practice in One Day (almost $200) - How to Start ...
How to Start a Private Label Business with $5000 - BusinessTown
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A private label business continues to sound more and more like a lucrative venture as time goes by. This comes as no surprise as shown by the countless number of success stories floating around online. Private labelling can indeed be a gold mine – if you know what you’re doing. The truth is, times are changing and the money you’d have needed to establish a private label brand a few years ago now won’t be enough. Private labelling is more competitive than ever; on Amazon alone, 50% of all the sellers are involved in private labelling. Moreover, the number of sellers on Amazon has been increasing dramatically ( 65% in 2014 and 50% in 2015 ) not to mention other online selling platforms like eBay.
To succeed in a private labelling business, one of the most important things is an adequate capital base. You need to create your own brand that will sell sustainably and gain momentum along the way to ensure long term success. For this to be attainable, you need enough money to secure a large inventory of your product, create a good brand and market it well.
Starting this business can certainly be daunting when considering the costs you’ll most likely encounter. These costs will vary widely from person to person, but you can generally expect the following:
To keep your costs within your budget, you have to make sure your product is small and light. There’s simply no way around this; bulky goods are expensive in every step of the way in your business. Your production costs, shipping costs and storage costs will all be too high to be reasonable or sustainable within your budget. Making large shipments and building up a suitably large inventory will be extremely difficult unless you’re assured that your product will sell. To avoid this, get a product that is small (can fit in a shoebox) and ensure the packaging during shipping and storage will maximize on space available.
Another good idea is to keep your product simple and durable. It shouldn’t be complicated with intricate components since the production costs will be very expensive. You’ll also have to spend a lot more time and money screening for a manufacturer that is competent enough to produce the product in good quality. With a durable product, you don’t have to worry about damage during shipping.
There’s a multitude of product ideas that fit the above criteria so finding one shouldn’t be too difficult. Examples of such products include: jump ropes, dog leashes, lunch boxes or insulated bottles. For more help on choosing your product, check out my article on 10 profitable product ideas to private label on sellerexpress.com.
If you want to save on production costs, your best bet is to source products from overseas manufacturers, particularly from China. Chinese factories are known for having very affordable production costs but you’ll have to select a supplier very carefully to avoid the many frauds and scammers waiting to exploit you. To help you out, check out here are some guidelines for you to do properly audit and vet suppliers in China. The reality is that not all qualified manufacturers or suppliers choose to list themselves in B2B sourcing platforms or directories, another option to find a reliable private label manufacturer is to hire a reputable sourcing agent or work on joint order with the sourcing departments of some worldwide retailers.
The FBA program by Amazon is one of the best ways to get you started. You only have to ship your product to Amazon and let them handle everything else including storage, packaging and shipping to the customer. You can therefore focus on other aspects of your business while starting out and also enjoy Prime Eligibility of your product. Amazon Prime members can therefore buy your product with free 2-day shipping. However, a small portion of your profit will pay for this service in addition to the $40 a month for your Amazon seller account so the costs are high.
In this model, you don’t have to own an inventory but instead purchase orders as needed from your manufacturer or supplier. The supplier then ships the goods directly to the customer. You don’t have to worry about logistics or inventory, which can take a huge chunk out of the initial costs. However, you have no control over the process, and your customer service could suffer if the supplier is unreliable. Also, you have no inventory to call upon when there’s a product shortage from the supplier, which can be very risky.
This is where you are in full control of the handling of your product. You take care everything from inventory and packaging to shipping the product to the customer. With this control, you are always aware of what you have at hand, so you can avoid making false promises to customers. Also, you can enjoy increased profit margins due to investing through a wholesale or bulk price and not having to pay a third party to perform these functions. Unfortunately, you have to deal with high costs of inventory and storage as well as sacrifice a lot of your time for this to work.
Sarah Kaiser is a digital marketing manager at casino global sourcing, the sourcing division of a French retailer Groupe Casino. She’s in charge of godirek.com, the digital product catalog of casino global sourcing, which offers helps and handles inquiries about private label manufacturing and sourcing. She’s a fan of water sports and has studied business management in France. Her works have been published on dozens of websites and blogs.
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Here’s the course for your new business journey. Beginning entrepreneurs will hugely benefit from Start-a-Business 101. The videos clearly explain each element of building a new business. The advice is savvy and on point throughout. I highly recommend it for anyone involved in any kind of startup.
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Start-a-Business 101 gives you everything you need to start your business.
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You will be guided step by step through the whole process by 76 short and easy to follow videos.
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Start-a-Business 101 Course Content
1. How to get started with your business
2. Discover hundreds of great business ideas
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6. How to choose the best legal entity for your business
7. How to create a powerful competitive advantage
8. How to create your business plan
9. How to do your accounting and financial statements
10. How to get the money you need to start your business
11. How to create your marketing and attract customers
12. How to build your online marketing presence
13. How to make sales and land your first customers
Every step of the course is filled with videos and companion tools to show you exactly how to start your business.
Start-a-Business 101 includes 46 templates, worksheets, checklists and samples
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Looking for a business idea? Discover the critical questions that you must ask to find the very best idea for you.
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Start-a-Business 101 will work for all types of businesses. And it will work for all sizes of businesses from one-person home-based businesses to larger enterprises.
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I can promise you that you will get the very best strategies and ideas available today. You will get the exact techniques that I used to build my businesses, including the one I sold for $40 million.
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I am pleased to tell you that I am adding two limited time bonuses to Start-a-Business 101 .
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The Ultimate Checklist to Starting Your Own Business
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Bob has been a close friend and trusted business adviser of mine for years… guiding me through the challenges we all face as entrepreneurs. Hands down Bob is one of the most talented, and successful entrepreneurs I know. Thanks Bob!
Matt Marshall – Founder, MGM Capital Investments
When does the course start and finish?
This online course is completely self-paced – you decide when you start and when you finish.
How long do I have access to the course?
After enrolling, you have unlimited access to this course for as long as you like – across any and all devices you own.
What if I am unhappy with the course?
If you are unsatisfied with the course for any reason, please contact us within 60 days and we will give you a full refund, no questions asked.
This course is for anyone thinking about starting a business. You don’t need to have any previous business experience whatsoever. Even if you have business experience, you will discover a vast amount of powerful new ideas that will help propel your business ahead.
Of course! All the worksheets, case studies, samples, and templates are downloadable.
Start-a-Business 101 is the fastest and easiest way to learn how to start a business and become a knowledgeable and successful entrepreneur.
Start-a-Business 101 is a complete proven program that will take you step-by-step through your entire startup journey.
In just a few minutes a day, you will learn how to start your own business.
That’s right. You can try Start-a-Business 101 risk-free for 60 days. You will have full access to the entire course. If you decide it’s not for you, or if you don’t love it, I’ll give you a 100% refund. No hassles. No questions asked. I want to help you succeed in your own business.
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Starting a business has never been easier. Start-a-business 101: Learn how to start your own business.
Copyright © 2019 BusinessTown LLC. All rights reserved. BusinessTown ® is a registered trademark of BusinessTown LLC.
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