Discussion:
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 busines
Write a 2-3 page paper Business Plan that addresses the following:
• Identify and explain your chosen business structure
• Estimate monthly cost for establishing your own independent practice in your home state, 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