Business Plan

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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:

· Clinical site expenses

· Employee structure and expenses

· Supplies

· Utilities and other overhead expenses

· Malpractice insurance

· Continuing education expenses

· Accounting fees

· Services identified that you will provide (e.g., primary care services, drug screens, DOT exams)

· Projected monthly income necessary to support your independent practice

APA format with minimum of 4 references within the last 5 years.