Djgb13 2,338 Posted July 22, 2016 I need some advice on starting up a business. I'm not doing it right now but I plan on opening up my own practice within the next 5 years and I want to make sure I get everything I need in order. I started saving up money for it already but how much roughly does starting up a business cost? Any special things Ill need to get done for it? Thanks in advance Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 This should be fun Share this post Link to post Share on other sites
edjr 5,567 Posted July 22, 2016 Lie detector business on the geek board Share this post Link to post Share on other sites
IGotWorms 3,315 Posted July 22, 2016 Boat business? Doctor job office? Leer jet dealer? Real estate speculator? Exclusive golf club tours? The possibilities are endless, given your imagination Share this post Link to post Share on other sites
iam90sbaby 2,125 Posted July 22, 2016 I can help you start an online business, but I gotta get paid. Something easy you can do literally in a few days time, find a few items on alibaba you like, put your logo on them, setup an online store, do some SEO and boom, you have an extra income. Share this post Link to post Share on other sites
TD Ryan2 314 Posted July 22, 2016 hey - I can't tell you much about setting up an LLC or Scorp or anything like that... but I don't think it's that difficult or expensive. What you DO need to think of right away is you web presence... i.e. how are you going to get people to find you when they search in Google, Bing, Yahoo, What are the keywords for you product / service? How competitive is it to be found for those keywords? Share this post Link to post Share on other sites
Frozenbeernuts 1,652 Posted July 22, 2016 I have been making a self employed living on all your mom's since 2011. It's not that hard to start. Share this post Link to post Share on other sites
cyclone24 1,814 Posted July 22, 2016 hey - I can't tell you much about setting up an LLC or Scorp or anything like that... but I don't think it's that difficult or expensive. What you DO need to think of right away is you web presence... i.e. how are you going to get people to find you when they search in Google, Bing, Yahoo, What are the keywords for you product / service? How competitive is it to be found for those keywords? I started and run a non-profit so that's probably not what you're looking for but I agree with the above. Your online presence is going to be a big factor. Marketing marketing marketing. Even if it's Flyers. Facebook, web, twitter, email. Do something unique Did you say what kind of small business it was? Share this post Link to post Share on other sites
penultimatestraw 473 Posted July 22, 2016 I never had my own practice, but have worked as a private consultant, performed research for the university and been employed by a hospital. Overall, solo practitioners are a dying breed. Unless you open a concierge practice, there is too much overhead and unnecessary middle people to justify the expense. Moreover, you won't have stable income for months after you start working, as patients just don't materialize out of thin air and reimbursement is delayed initially. Better to join a group or at least pair up with a more experienced partner. Giving you a tremendous benefit of the doubt, you really shouldn't worry too much about it at this point. There is no guarantee you'll get into med school, remain interested in whatever area you think you'll pursue or want a private practice once you see how medicine operates outside of the military. Share this post Link to post Share on other sites
penultimatestraw 473 Posted July 22, 2016 hey - I can't tell you much about setting up an LLC or Scorp or anything like that... but I don't think it's that difficult or expensive. What you DO need to think of right away is you web presence... i.e. how are you going to get people to find you when they search in Google, Bing, Yahoo, What are the keywords for you product / service? How competitive is it to be found for those keywords? Although this probably won't hurt, most clinicians don't rely very heavily on web-based advertising. I am assuming he is talking about starting a medical practice. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 Already have a client base that would get referred to me and I know it starts out slow but the practice is really going to be an urgent care with some established patients. The advantage I have is my BIL chiropractor clients (not all mind you) would get referred over to my place so while I would probably start out small with just seeing probably 30 patient if even that a week I could build it up. My BIL is pretty business smart and built his clinic up from seeing 10-15 patients a week to seeing over 600 a week. I've got the connections to get patients that's not the problem I'm facing. I'm just needing info on what I'll need to prepare while I'm in that waiting period. To start off with I'll be the only one seeing patients but I do plan on hiring more help for that. Share this post Link to post Share on other sites
Hardcore troubadour 12,652 Posted July 22, 2016 I love the guys who reply to him like it's serious. But anyway, I've been meaning to ask everyone about cargo shorts. Do you think I should iron the pockets or leave them alone? I kinda like the way they look left alone. Any thoughts? Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Hardcore troubadour. View it anyway? I love that the people I don't want to hear from are ignored so I only get the people who actually contribute to the board Share this post Link to post Share on other sites
Hardcore troubadour 12,652 Posted July 22, 2016 Already have a client base that would get referred to me and I know it starts out slow but the practice is really going to be an urgent care with some established patients. The advantage I have is my BIL chiropractor clients (not all mind you) would get referred over to my place so while I would probably start out small with just seeing probably 30 patient if even that a week I could build it up. My BIL is pretty business smart and built his clinic up from seeing 10-15 patients a week to seeing over 600 a week. I've got the connections to get patients that's not the problem I'm facing. I'm just needing info on what I'll need to prepare while I'm in that waiting period. To start off with I'll be the only one seeing patients but I do plan on hiring more help for that. Ask your fockin BIL then. Jesus, this dope has stopped trying all together. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Hardcore troubadour. View it anyway? Sorry MB but you're not wanted here. Please leave Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 Ignore refuse to take notice of or acknowledge; disregard intentionally. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? You too shotsy. You haven't brought anything worth reading so no point in reading it. Like I said I need advice. Not people trying to troll for attention Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? You too shotsy. You haven't brought anything worth reading so no point in reading it. Like I said I need advice. Not people trying to troll for attention Ignore refuse to take notice of or acknowledge; disregard intentionally. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? And yet you continue Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? And yet you continue Ignore refuse to take notice of or acknowledge; disregard intentionally. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 Anyway back to topic at hand. Anything I need to start prepping for besides saving money? I've already got experience and I'll be getting more in the next couple of years. Don't want to start one without making sure it'll be a success Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? Is there a way we can just kick this alias from posting in threads? I feel it's really taking away from the thread and the idiot is relentless in his pursuit of attention Share this post Link to post Share on other sites
Hardcore troubadour 12,652 Posted July 22, 2016 Anyway back to topic at hand. Anything I need to start prepping for besides saving money? I've already got experience and I'll be getting more in the next couple of years. Don't want to start one without making sure it'll be a success Yeah, get a lawyer. Maybe a few of them. And be prepared for your appeal when you are inevitably institutionalized in a mental health facility. But just hope you don't get on Nurse Ratchets ward. She hates baseball. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Hardcore troubadour. View it anyway? when you know you're on ignore but still crave attention Share this post Link to post Share on other sites
CAMJAY77 1 Posted July 22, 2016 You need a building/office Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 You need a building/office Well yea that be like me asking for advice on going to the mountains camping and someone saying "you need a tent". I'm talking like is there certain permits or red tape I have to go through and make sure I have done before doing anything Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? Is there a way we can just kick this alias from posting in threads? I feel it's really taking away from the thread and the idiot is relentless in his pursuit of attention Sure, reach out to FFMike and plead your case, make sure to let him know that I am an alias. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? You have to be able to read what I'm saying since you post in the threads but dam you're just pathetic aren't you? Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 This post is hidden because you have chosen to ignore posts by Meglamaniac. View it anyway? You have to be able to read what I'm saying since you post in the threads but dam you're just pathetic aren't you? Share this post Link to post Share on other sites
CAMJAY77 1 Posted July 22, 2016 When you start hiring people you MUST check references and do background checks. Any person can talk and sound good about themselves and their past. Don't hire without checking. Share this post Link to post Share on other sites
DankNuggs 305 Posted July 22, 2016 not sure how medical practices are structured. I'd suggest talking to a lawyer that specializes in your field. I'm sure the liability aspect has to be well thought out. Thats aside from establishing whatever approvals or vetting as a medical provider. Share this post Link to post Share on other sites
Mookz 1,287 Posted July 22, 2016 Equipment Good posting. Equipment will be needed and should be taken into account. Share this post Link to post Share on other sites
vuduchile 1,941 Posted July 22, 2016 How can I invest, and is there a limit on how many shares I can buy? Share this post Link to post Share on other sites
Meglamaniac 380 Posted July 22, 2016 How can I invest, and is there a limit on how many shares I can buy? He'd send you pictures of the office space he plans to use but it's in a pretty exclusive building and they don't allow photos to be taken and then offered for public view. He has them but he doesn't want to risk getting kicked out of his space. Hope you understand 1 Share this post Link to post Share on other sites
cmh6476 755 Posted July 22, 2016 Never started or ran a private business, but I have started multiple non-profits and currently run a multi-million dollar non-profit so there are certainly some similarities while there are also differences. I'm also part of a non-profit entrepreneurial resource board that is available at no cost to existing or startup businesses located in the communities we serve. We help businesses evaluate the trinity of their business, their product, finances and marketing. You really need to evaluate where you are strong and where you need help within this trinity. And often we find business owners often think one component is a strength where in reality it may not be. Good luck. Share this post Link to post Share on other sites
Djgb13 2,338 Posted July 22, 2016 How can I invest, and is there a limit on how many shares I can buy? Doubt I'll be doing anything with shares to the urgent care. The one I work at now doesn't do shares of the company Share this post Link to post Share on other sites