Archive for the ‘Health Care’ Category

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How to Start a Drug Testing Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Drug Testing Business Business Overview:

If you’re looking for a challenging and rewarding business that will bring great benefits to employers, you should learn how to start a drug testing business. Drug use in the workplace results in a higher frequency of on-the-job injuries and consequently higher workman’s compensation premiums and medical bills. It also causes higher rates of absenteeism and theft as well as a loss of productivity. These days employers cannot afford to keep someone on staff who is not extremely productive, punctual and safe. It is becoming standard practice for employers to perform background checks and drug screening on all new employees. They may also choose to perform random drug testing on current employees. It is for these reasons that a drug testing business is one of the most popular business ideas out there. If you do not have prior experience with drug testing methods, techniques and equipment, you will need to be properly trained. Purchasing a franchise is an excellent way to get this training and become a certified drug tester. Franchise fees for this type of business are actually much lower than for other businesses, making it more affordable to start your own turnkey drug testing business. Other than training, a franchise owner will receive marketing assistance, leads and ongoing support. However, it is possible to start this business without owning a franchise. You’ll want to market your business to area office managers and human resources representatives. Explain that you and your staff will come to the client’s office to perform the drug testing so it will be convenient for the employees. If you also choose to offer private drug testing for families, consider partnering with local family counselors who can direct parents to your business if they suspect their kids have a drug problem. Another market you could target is the school athletic system. High school and college administrators need to ensure their athletes are drug-free in order to be eligible to play sports. Unfortunately, drugs continue to be a problem in our society and a business that conducts affordable, confidential and convenient drug testing is needed now more than ever.

A Day in the Life of a Drug Testing Business Owner:

Your day will begin with a check of your appointments. You and your staff will gather your equipment and testing supplies and meet your clients at their offices, homes or schools. You will collect samples from employees or other individuals and travel back to your office to do the testing. Once you have the results, you will contact the client. You will also take calls throughout the day and schedule testing appointments with employers and families.

About Your Customers:

Your customers will be employers and human resource managers needing drug testing for their employees, families needing drug testing for their children and possibly school administrators needing drug testing for student athletes.

What You Need to Start:

  • Training (certification preferred)
  • Testing supplies
  • Office (or area to perform the testing)
  • Vehicle (to travel to clients’ locations)
  • Staff (optional)
  • Computer with finance software

The Good:

  • Drug testing is becoming more popular and more necessary in the workplace.
  • Franchises are available to help you get started.
  • Franchise fees are relatively low.
  • It’s rewarding to know you’re providing a useful service.
  • You are likely to get repeat business from employers when they hire new employees or perform random drug screenings.

The Bad:

  • You will need to be trained to do the drug testing properly.
  • You must be highly organized in order to keep your samples from getting mixed up.

Resources:

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Starting a Dental Claims Processing Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting a Dental Claims Processing Business Business Overview:

Starting a dental claims processing business is the perfect opportunity to help dental offices and their patients while working as your own boss from home. If you have experience in claims processing you know that it is the process of facilitating payments from insurance companies to medical offices, in this case, dental offices. Each time a patient has an appointment, paperwork (a claim) has to be filed with their insurance in order for the dental office to be paid. Depending on the size of the dental staff and the volume of patients the dentist sees, this paperwork can put a strain on the office administrative personnel. More and more dental offices are outsourcing this type of work to home-based entrepreneurs. The internet has made businesses like claims processing and medical billing excellent online business ideas for those looking for a great part time business. Since you will receive claims via email, you can work as much or as little as you like as long as you stick to deadlines and maintain high quality of service. If you don’t have any claims processing experience, you can always hire a staff of skilled processors to work for you. They can also work from their homes and you would act as a liaison between your dental office clients and your staff. Although this business idea can be run totally online, you can also market your services to local dentists’ offices. Start with your own dentist and ask who does their claims processing. Explain your business and your rates and ask if you could take a portion of their claims to start. Other than contacting area dental offices by phone and direct mail, place ads on websites aimed at dental professionals such as E-Dental.com and Dental Economics. Whether you choose to operate your dental claims processing business as online only or you have local clients or both, you will find that with quick turnaround times, attention to detail and excellent customer service, you will soon need to hire additional claims processors to help you handle your numerous job requests.

A Day in the Life of a Dental Claims Processing Business Owner:

Your day will begin with a check of any new claims that have come in. You (or your staff) will complete the appropriate forms and send them off to the insurance company. You will then follow up on any previously sent forms to see if the insurance companies need clarification on anything and check to see when the payments will be made to the dental offices. You will spend some time marketing your business either locally or online, or both.

About Your Customers:

Your customers will be dental offices who need assistance with their claims processing.

What You Need to Start:

  • Claims processing experience or a staff of skilled processors
  • Marketing plan and materials
  • Computer with finance software

The Good:

  • All dental offices need claims processed and more frequently they are willing to outsource this time consuming task.
  • Start-up investment for this business is very low.
  • You can charge top dollar for excellent work.
  • You can hire processors to work for you if you are not skilled in this area.
  • You can operate this business part-time from your home.

The Bad:

  • The work can be tedious; you must be extremely detail oriented and have excellent organization skills.
  • It can take some time to build up your client base.

Resources:

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How to Start a Wig Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Wig Business Business Overview:

Learning how to start a wig business is a great way to keep up with fashion trends as well as help those who have lost their hair due to illness. Wigs are not just a costume accessory anymore; wigs are high fashion and are used openly by celebrities and non-celebrities alike. The quality of wigs has also come a long way making them virtually undetectable. Lace wigs are typically made with real human hair and are hand-sewn to a lace backing which makes them look very natural. When you look into how to start a lace wig business, you’ll see that they come in a full wig or a lace front wig which just has the lace work at the front of the wig at the hairline. Lace wigs are the most expensive type of wig because they are the highest quality and the most natural looking. A lace front wig sells for around $100 USD while a full lace wig can sell for upwards of $700 USD. As you can see, with a little wig knowledge, this is one of the most unique business ideas there is. Even better is that you have the choice of operating your store online or in a shop. Both have their advantages. Having an online only business allows you the freedom to make your own hours and not have to lease a physical space for your wigs, other than a small climate-controlled storage space. Operating a physical storefront will allow customers to see and try on wigs before purchasing them. Once you decide what type of store you will open, you need to look at all the different lines of wigs and determine what your niche will be. You could focus on different ethnicities like African-American, Caucasian and Latino or you could market your business to individuals who have lost their hair due to illness. In this case, you would need to carry a few types of each wig and perhaps add a few more types for the elderly. You could go even further and even carry children’s wigs. If you operate online, it’s important that you offer tips on how to determine what length, texture and color your customers should order. Include a detailed FAQ section and be sure to have an easy-to-use customer support system whether it be phone support or email. If you have experience in a hair salon or operate your own home salon, you no doubt have experience fitting and attaching wigs. This would be the perfect online business idea that you could run alongside your salon business. To increase your sales, you should also offer items like wig caps, adhesives and hair accessories (headbands, ponytail holders, etc.). A little expertise, high quality wigs and excellent customer service will be all you need to run a successful wig business.

A Day in the Life of a Lace Wig Business Owner:

If you operate a physical store, your day will begin by making sure your wigs are neatly displayed before opening your store. You will likely have a small staff helping you throughout the day as you assist customers in finding the perfect wig for their needs. If you operate exclusively online, you will begin your day by checking any questions from potential customers and quickly responding to them. You will check any new orders and get wigs boxed and ready to ship out to your customers. You will spend a portion of your day marketing your business – if you only sell locally, you will need to establish a relationship with hospitals and ask them to refer clients to you who are having hair loss issues due to illness. You’ll also want to leave fliers in local boutiques, wedding shops and other fashion stores. If your business is online only, you will place ads on sites frequented by your target market.

About Your Customers:

Your customers will be individuals who need high quality wigs for fashion or those who have lost their hair due to illness.

What You Need to Start:

  • Knowledge of wigs and how to fit them
  • Inventory of wigs
  • Storefront or website
  • Wig displays for physical store (Styrofoam or plastic mannequin heads)
  • Website for online only store
  • Wig and hair accessories (wig caps, barrettes, etc.)
  • Computer with finance software

The Good:

  • The popularity and acceptance of wigs is on the rise.
  • The start-up investment is relatively low.
  • Customers will pay incredibly high mark-up for top quality wigs.
  • Excellent customer service will keep customers returning.
  • You can run this business either online or from a physical store.
  • Franchises are available to help you get started.

The Bad:

  • This industry is highly competitive and without a well-defined niche, your business can flounder.
  • You must have experience with wigs and be able to help customers of all “experience” levels find just the right item.

Resources:

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Helping Others by Opening a Stair Lift Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Opening a Stair Lift Business Business Overview:

If you’re looking for an assistive technology business that is in great demand, you should consider opening a stair lift business. A stair lift is a product designed to help people and wheelchairs up and down stairs. Also known as a wheelchair lift, this device can be installed in homes, restaurants, schools or auditoriums, giving higher levels of access to the elderly and handicapped. Since this is a specialized industry, you either need to know how to install lifts yourself or you can buy a stair lift franchise in which case they will fully train you. This option is more costly (at least $25,000 USD) but it comes with all the training and equipment you need to get started. If you open a stair lift business without a franchise, you would be wise to recruit skilled, professional stair lift technicians to work for you. Either way, with the aging baby boomer population, this type of assistive technology is one of the smartest business ideas available today. When marketing your new business, look for assisted living facilities that are being built or being refurbished. Landing a contract for an entire retirement community would mean plenty of work and plenty of income for your new business. Also advertise in publications aimed at the retired community like AARP. Contact medical supply businesses in your area and ask to be placed on their referral list. Often when someone is placed in a wheelchair, their home needs to be retrofitted with ramps and lifts. Offering such a needed service will not only help you build you a financially successful business but a rewarding one as well.

A Day in the Life of a Stair Lift Business Owner:

Your day will begin with a check of any installations on your schedule. You or your staff will perform the installation and check back with the customer after a few days to see how the lift is working out. You will also spend some time each day marketing your business. You will hand out fliers and business cards and make contact with medical supply companies.

About Your Customers:

Your customers will be individuals who need assistance getting up the stairs. You may also contract with retirement communities and assisted living facilities to install lifts throughout their facility.

What You Need to Start:

  • Experience installing lifts, a skilled installation staff or a stair lift franchise
  • Financing
  • Equipment
  • Marketing plan
  • Vehicle to transport large equipment
  • Computer with finance software

The Good:

  • The demand for this type of equipment will continue to rise as the population ages.
  • You are providing a valuable service to the aging and handicapped communities.
  • You can charge top dollar for your installations.
  • Competition is very low in this industry.
  • Franchises are available to help you get started and train you and your staff.

The Bad:

  • The installations are labor intensive
  • The startup investment is high.

Resources:

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How to Start a Counseling Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Counseling Business Business Overview:

Attention counselors: if you’re looking for a way to grow your business or open your own practice, you should learn how to start a counseling business. Similar to a life coach, but with more expertise and licensing, a counselor helps individuals, couples or families through difficult times in their lives. However, most often a counseling education does not include marketing skills which are vital to the success of your business. Your services may be the best in town but without the proper marketing techniques, your business will suffer. When starting a counseling business, you should think about what types of clients you will cater to. There are many different specialties to consider such as depression, anxiety, recovery, marital counseling, etc. You could choose to have your new practice focus on one area or you could hire several counselors to work with you and each of them could focus on a different area. This option allows your practice to target a larger segment of the population in your community. Marketing a counseling business can be tricky because it’s not something most people discuss openly. First you should set up a website explaining what services you offer and include biographies and photos of your counselors. Next, consider signing up for an online counseling directory such as Find-a-Therapist.com. Your most important marketing tool will be word of mouth. Your clients telling others how special your counselors are and how much they were able to help them through a certain situation is the best way to obtain new clients. Business cards are important and you should definitely have your email address on them. It makes clients feel far more comfortable making that first contact via email as opposed to picking up the phone. Starting a counseling practice is a great way to continue helping people and with the right marketing, it can also be a truly lucrative business idea.

A Day in the Life of a Counseling Business Owner:

Your day will begin by checking your schedule to see what appointments you have. You will review any notes from previous sessions in preparation for your meetings. If you have counselors working for you, you will check in with them to see how full their schedules are and guide them in marketing their segments of the business. Throughout the day you will meet with clients. At the end of the day, you will check your calendar for the next day’s appointments, turn your day’s income over to your bookkeeper, and check in with your fellow counselors to see if any special needs arose that you need to attend to.

About Your Customers:

Your clients will be individuals, couples or families in need of excellent counseling services.

What You Need to Start:

  • Counseling experience
  • Proper licensing (varies by country and state)
  • Office space with appropriate décor and furniture
  • Counseling staff (if you choose to have one)
  • Website
  • Computer(s) with finance software

The Good:

  • For a trained counselor, opening your own practice is a natural next step.
  • Counseling is always in high demand.
  • It’s rewarding to help people.
  • The majority of your clients will return (and pay) regularly.
  • Clients will pay top dollar for excellent counseling services.

The Bad:

  • You need to be patient while searching for your counseling staff.
  • It can take some time to build up your client list.

Resources:

Start This Business Today:

To start a counseling business today, we recommend you purchase Marketing Secrets For Therapists. This excellent resource will guide you through setting up your practice and will teach you how to market your new business in order to attract new clients. You will also learn how advertise for little to no money, what marketing mistakes to avoid and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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What You Should Know Before You Start a Membership Site

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Start a Membership Site Business Overview:

If you are an expert in your field or have specialized knowledge and want to start a business, you should consider learning how to start a membership site. There is a huge market these days for subscription-based websites that offer valuable information on a wide variety of subjects. People will pay a monthly fee—month after month, often for years—to have access not only to the information you provide, but also to be able to interact with other people on the site. To get started, you’ll need to decide what type of content you will provide. It could be video training or written articles on the subject that you are an authority on. You could also hire someone to write them for you if you’re not an expert on that particular niche. You could offer weekly or monthly conference calls to your members as part of their membership. People love to watch a good interview, so you could find experts in the field you are focusing on and interview them and then post the recording—either video or MP3. Most membership sites have forums so that members can interact with each other and give one another the support they need. Here are just a few ideas for membership sites: weight loss, parenting, technical assistance, health issues, dating, etc. If you are a technical support specialist during the day, consider starting a membership site that helps people with computer and software issues. If you are a registered nurse who stays home with your children, you could start a site addressing general health questions that new mothers often have with their first baby. If you know what it’s like to be a single parent desperately needing support, you’ll understand the value of a membership site. As you can see, the options are unlimited as far as what subject you can offer your valuable advice and training on. Perhaps the best aspect of this business idea is that you can do it entirely online. You don’t need a storefront or even business hours. You can work on your website as much or as little as you want and you can easily keep your day job while you ramp up your member list. If you aren’t familiar with how to start a membership site, you should know that this online business idea can be started with very little financial investment and very little technical knowledge. Free software can be found online that will help you get your website up and running. Then you will need to set up a payment page to handle subscription payments. Next you will need to market your new site. Start by spreading the word to friends and family. Frequent non-membership site forums that are focused on your topic of choice and leave helpful comments in response to questions asked there. You could also advertise on a website where your target audience spends a lot of time. If you’re looking for people with health concerns, you could advertise on health-related websites. As word of mouth grows about your site, the more subscribers you will get.

A Day in the Life of a Membership Site Business Owner:

Your day will begin by checking on any new subscriptions. You will check to see if any members have any questions or concerns that need addressing. Once your administrative duties are taken care of, you will get to work writing content for your website. If you have a staff working for you, you will coordinate everyone’s efforts to ensure no one is duplicating work. You will also need to make sure subscription payments are going through as they are supposed to.

About Your Customers:

Your customers will be individuals looking for high quality information, support and advice on various subjects.

What You Need to Start:

  • Expertise in a particular subject—or to be willing to hire or interview others who do
  • Computer with high-speed internet connection
  • Financial tracking software
  • Website

The Good:

  • This is a great way to run a lucrative business from your knowledge.
  • Helping people with their problems is highly rewarding.
  • Start-up costs are low.
  • If your site offers valuable information, you can charge more for subscriptions.
  • You can operate this business part-time, at any time of day or night.

The Bad:

  • It can take some time to get your first few members.
  • You need to do some work to get your site populated with important information people will pay for.

Resources:

Start This Business Today:

To start a membership site today, we recommend you subscribe to Membership Site Advisor. This website offers articles written by well-established website owners with huge member lists. You will have access to how-to videos and case studies that will teach you how to build your website, where to advertise, how to get new members, how to get more revenue from existing members and much more. For more information or to purchase a subscription to this HIGHLY RECOMMENDED website, click here.

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Helping Others Feel Great by Opening a Weight Loss Center

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Opening a Weight Loss Center Business Overview:

If the notion of opening a weight loss center appeals to your interests and to your entrepreneurial sense, now might be the best time to jump in and go for it. Considering that weight loss is a billion dollar industry in the United States alone, this could shape up to be a very lucrative business idea. So how can you get a piece of the action? It’s simple, really, if you’re prepared with a reasonable startup investment fund and a solid business plan. What’s great too is that you can use the highly popular and well-known commercial weight loss centers as inspiration to create your own business, tailored to what you deem most important for a weight loss center. Take Weight Watchers, for example, as a gold standard for weight loss centers. Your business can be modeled in a similar fashion, but perhaps you focus more on organic foods or whole foods, and adapt your program around that. You might even consider partnering with experts—doctors, nutritionists, behavior modification therapists—who can help you provide even more for your clients’ weight loss needs and hopefully keep them coming back (and recommending your business to their friends). Your weight loss center can be a dynamic and growing business if you’re willing to put the time and effort into it. Knowing what to expect before you invest and garnering as much knowledge possible about the business can ensure your weight loss center thrives, and your dream of helping others while finding business success can be easily achieved.

A Day in the Life of a Weight Loss Center Business Owner:

Though you will certainly have a staff working for you, as the owner of a weight loss center you will also have a fair amount of daily tasks to complete. For starters, you will want to make sure your center is clean, attractive, and welcoming, and that the staff you hire is professional and trustworthy. That applies to you as well; as owner of a weight loss center, you will need to stay trim and healthy, and your appearance must be appealing enough that clients will trust you with their weight loss goals. After all, you wouldn’t take health advice from a chain smoker, would you? Next, you will want to see that your marketing techniques are working hard to get more customers for your business, and that your current customers are satisfied with your services. Part of your job in a field like this will be to work on keeping clients coming back for more by offering as many options and services as you can at your center (support groups, celebrations, guest speakers, etc.), remembering that it’s easy to fall off the “diet” wagon. Finally, you will want to keep your prices competitive and your clients’ accounts up-to-date, and tackle any personal communication that is necessary for the success of your weight loss center.

About Your Customers:

Your customers will be individuals, couples, or families who are seeking an improvement in their diets, weight, or overall health, and want the advice, support, products, and services that weight loss centers can provide for them to achieve their goals. Your clients will likely run the gamut when it comes to weight and overall health, and it will be up to you and your staff to help each customer achieve his goals in the best way for his individual needs.

What You Need to Start:

  • Startup capital upwards of $15,000 USD
  • A storefront or office location
  • Business license, insurance, and permit
  • Any equipment that might be necessary for your services (scales, supplies, etc.)
  • A knowledgeable and professional staff
  • A philosophy or motto for your business
  • A marketing technique
  • A pricing menu of your services
  • Contact database software
  • Financial-tracking software

The Good:

  • You can buy into a franchise and start your business that way or strike out on your own weight loss center path.
  • Your business is scalable and can be highly lucrative with a good business plan.
  • You will be providing a valuable service to your clients and to the local neighborhood.
  • This business gives you the opportunity to help others succeed at something you are likely interested in.
  • It’s a great motivation for staying healthy and fit yourself.

The Bad:

  • The startup is enough that you’ll want to be sure this business is for you.
  • There are some big commercial players in this industry that you would be competing with; finding your own niche and marketing your business as a local and/or personal service can make a difference in your success.

Resources:

Start This Business Today:

To start a weight loss center today, we recommend you purchase Become a Weight Loss Center Owner, a blueprint for starting a business like this the right way right from the start. This guide offers everything from guidelines for the business, sample paperwork and pricing lists, to floor plans for the design of your center. For more information, or to purchase this HIGHLY RECOMMENDED book, click here.

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How to Start Your Own Doula Business After Becoming a Doula

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Becoming a Doula Business Overview:

If you are a compassionate person who loves working with women and babies, you should consider becoming a doula and starting your own business.  A doula is typically someone who takes care of a pregnant woman before, during and after delivery. A birth doula takes on this support role through labor and delivery; and a postpartum doula supports the new mother through the first few weeks of motherhood. If you have a special place in your heart for new moms and for babies and are generally a positive supportive person, you should learn how to become a doula. More and more women are choosing doulas to assist in their labor and delivery and the demand for this type of caretaking will continue to rise. But before you get new business cards printed up, you should thoroughly research this business idea and craft a solid doula business plan. This plan will help you focus your business and answer questions about what types of services you will provide, what your services will cost and how you will market your new business. Word of mouth will be the most important advertising for your new business since nervous first-time parents are grateful for the recommendations of trusted friends. The majority of your clients will likely be referrals but you still need to work out a marketing plan and decide where and how to tell people about your new business. Some doctors’ offices and hospitals will have a list of doulas for those pregnant women who are interested. Try to get on every one of those lists in your area. Find out where pre-natal yoga classes are held and leave your business cards there. Spas that offer pre-natal massage are also great spots to market your services. Basically, any place expectant mothers are likely to gather is a prime target for your marketing efforts. Once you have a few clients, the word will spread and you won’t have to spend as much time advertising. You then can concentrate your efforts on keeping your clients relaxed and help them experience the joys of birth and motherhood.

A Day in the Life of a Doula Business Owner:

You will spend a portion of your day marketing your new business, whether it be in local magazines or leaving business cards at various locations around town. The main focus of your day will be your meetings with your clients. You will travel to their homes (if they are not yet at the hospital) to discuss any questions or concerns they may have and to review their birth plans. If a client is in active labor, you will meet her at the hospital and help her relax through labor and eventually delivery. If you offer postpartum doula services, you will travel to new moms’ homes to assist with any issues they may have taking care of their new babies. If you have doulas working for you, you will coordinate their assignments and check with them periodically to monitor the progress of their assigned clients. At some point in your day, you will need to review your finances to ensure all payments have been made and everything looks good.

About Your Customers:

Your customers will be pregnant women or new mothers needing comfort and reassurance through their labor, delivery and first weeks of motherhood.

What You Need to Start:

  • Compassionate demeanor
  • Business plan
  • Marketing plan
  • Doula training (certification if desired)
  • Computer and finance software

The Good:

  • It is highly rewarding to help women through the process of labor and delivery.
  • You can become a doula with just a small amount of training.
  • You can charge quite a bit for high quality services.
  • You can scale up your business and hire doulas to work for you.
  • You don’t have to be in an office from 9-5.

The Bad:

  • Getting your first few clients can take some time.
  • The hours will be odd; babies come at all hours of the day and night.

Resources:

Start This Business Today:

To start a doula business today, we recommend you purchase Become a Doula. This valuable guide will give you insight on how to get those first few clients, how much to charge for your services, what kind of training you need and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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Creating Success By Starting a Chiropractic Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting a Chiropractic Business Business Overview:

If you have worked hard enough to earn your Doctor of Chiropractic degree, then you owe it to yourself to consider starting a chiropractic business. Though practicing chiropractic on your own can be rewarding and profitable, starting a chiropractic business, in which you operate more as business owner and manager than as pure chiropractor, can be your ticket to financial and personal freedom. To get started with this business idea, you will need very solid chiropractic business plans, which should include an ideal location for your business, a strong staff of practitioners, and an identifiable specialty such as pediatric or sports-oriented chiropractic medicine. Once you get your business up and running, you will be involved in the hiring and managing of employees, the advertising and financial aspects of the business, and the larger operational and public image-related components of the enterprise. If your initial venture is a success, you can easily consider opening another location and operating it in the same capacity—you run the business while your chiropractors treat patients. The key to your success will be your ability to manage your business and your employees effectively.

A Day in the Life of a Chiropractic Business Owner:

Assuming you have only one business at the start, your typical day will revolve around all the business aspects of that location. First and foremost, you must ensure that your chiropractors are on the same page as you are when it comes to their practice. In other words, in order to build your business image, your chiropractors must support and practice your philosophy so that your patients know what to expect consistently from your business, no matter which doctor they see. You will also want to spend a bit of time each day keeping up with the marketing of your business and the expenses and profits to be sure your business thrives.

About Your Customers:

Your customers will be multiplied exponentially beyond those you could see as a practitioner. They will be those individuals who believe that chiropractic medicine will enable them to lead healthier lives. They will seek out your business based on advertisements or referrals and will remain patients if they like the way they are treated by your practice.

What You Need to Start:

  • A Doctor of Chiropractic degree
  • A prime location for your business
  • Solid business plans
  • Business insurance
  • Advertising
  • Employees

The Good:

  • You can earn a very good living managing a chiropractic business.
  • It can be rewarding running a business that helps people feel better.
  • You can employ fellow chiropractors who share your medical philosophy.
  • The business is scalable and can grow to multiple locations.

The Bad:

  • The practice of chiropractic medicine comes with high malpractice insurance costs that you must prepare for in advance.
  • With the increased acceptance of chiropractic medicine, there might be a fair number of competitors to contend with.

Resources:


Start This Business Today:

To start a chiropractic business today, we recommend you purchase Success For the New Chiropractor. A business of this scale means you must get as much advice and guidance as possible before you open your doors. Successful chiropractors who have started a lucrative business can be your best mentors. This guide will help you open your own business easily and be successful with it. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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How to Start a Medical Billing Business From Your Home

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Medical Billing Business Business Overview:

If you are looking for a lucrative business you can run from your own home, you should consider starting a medical billing business. Medical billing is an online business idea that involves the process of contacting insurance companies on behalf of healthcare providers to facilitate payment of claims to those providers. The healthcare industry is booming, and that trend continues to hold steady whether economic times are up or down. In addition, the aging baby boomer population is adding more and more claims into the system every day. Many doctors’ offices are unable to keep up with the claims and constantly have to stay on top of insurance companies to get paid. This is where a medical billing home business can help. Outsourcing medical billing to a third party allows medical offices to concentrate their efforts on the patients’ care. Many physicians’ office workers are simply not qualified to handle all the finer points of working with different insurance companies. Medicare, in particular, has plenty of rules that can make it difficult to get claims paid. As you can see, this industry is in desperate need of experts to work with medical claims. Starting a medical billing business can turn into an extremely rewarding venture. Once you’re trained—or have hired people to work for you who are—there is no limit to the volume of business you can build. This is a highly scalable business idea. You can start out working by yourself and build it up to a large-scale operation with many people working for you. You can choose to have them work for you in an office or hire them to work out of their own homes. This is a highly flexible business that can suit your needs as a business owner.

A day in the life of a medical billing business owner:

A typical day for a medical billing business owner will begin with a check of any new claims. You will enter these claims into your billing software. Next you will need to follow up with insurance companies about previous claims that have not been paid yet. If you receive notification that payment was made to one of your medical offices, you’ll then want to be sure to note that in your software. If you have medical billing personnel working for you, you’ll check their assignments and make sure they are following up properly with the insurance companies.

About Your Customers:

Your customers will be small to mid-sized doctors’ offices needing your services to contact and follow up with insurance companies so their claims can be paid.

What You Need to Start:

  • Computer
  • Medical billing software

The Good:

  • The healthcare business will always be in need of medical billing professionals.
  • Start-up costs are low.
  • Return on investment is high.
  • No previous medical experience is needed.

The Bad:

  • If you are not a detail oriented person, it is likely you will not be able to keep up with the claims and the doctors’ offices will not be paid on time.
  • Dealing with insurance companies can be frustrating and time consuming.

Resources:

Start This Business Today:

To start a medical billing business today, we recommend you buy the Medical Billing Beginners Book. This complete guide will give you information about how to set up your business, what costs are involved, where to get the best medical billing software, and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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