Assignment: Business Plan Development
Elizabeth Jones, FNP-BC, has been an NP for 8 years. She has worked in the primary care setting, as well as the urgent care setting. She is considering relocating to a state that allows for unrestricted independent practice and opening her own primary care clinic. There are multiple benefits to owning an independent practice. However, owning a practice requires extensive knowledge and support. For an NP to establish independent practice, an appropriate plan must be developed. For this Assignment, you will create a Business Plan for your potential future business
Write a 2-3 page paper Business Plan that addresses the following:
• Identify and explain your chosen business structure (either drug rehab clinic or weight loss clinic)
• Estimate monthly cost for establishing your own independent practice in your home state (West Virginia), including:
o Clinical site expenses
o Employee structure and expenses
o Supplies
o Utilities and other overhead expenses
o Malpractice insurance
o Continuing education expenses
o Accounting fees
o Services identified that you will provide (e.g., primary care services, drug screens, DOT exams)
o Projected monthly income necessary to support your independent practice
APA format with minimum of 4 references within the last 5 years.