Author Topic: Starting a new business  (Read 4814 times)

voquendo6167

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Re: Starting a new business
« Reply #45 on: June 26, 2017, 10:06:59 PM »
Does the clearinghouse come with the Physician's software, or do I have to purchase my own?

Michele

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Re: Starting a new business
« Reply #46 on: June 28, 2017, 02:01:23 PM »
PMS (Practice Management SYstem) systems do not come with clearinghouse services.  However Office Ally (clearinghouse ) does offer a free PMS system.  But you get what you pay for so be aware.   I love, love, love Office Ally as a clearinghouse, but I am not a fan (at all) of Practice Mate (their free PMS system). 
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voquendo6167

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Re: Starting a new business
« Reply #47 on: June 28, 2017, 07:38:11 PM »
I'll look into it. Thank you

voquendo6167

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Re: Starting a new business
« Reply #48 on: July 12, 2017, 09:11:04 PM »
I'm still researching on the business. I'm going to have it registered next week. But do i really have to invest about 10K on a software? I saw somewhere here that I don't, but want to make sure. I definitely don't have that kind of money. I'm for sure starting with very little.

PMRNC

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Re: Starting a new business
« Reply #49 on: July 13, 2017, 06:59:27 AM »
Many billing companies utilize their clients system's remotely, so you don't have to purchase your own. Another advantage to this is your ability to be diversified and not have to have a client switch which is a big time saver! It also saves the client from messy conversions that almost always have their kinks. If a potential client wants to switch you give them some recommendations, let them obtain the license and again, you'll work remotely with them. I've used that business model since about 2011 and I'd never go back. It's also nice on the bottom line as you get to keep most of the money you make. :)
Linda Walker
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voquendo6167

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Re: Starting a new business
« Reply #50 on: July 13, 2017, 10:26:36 AM »
Great!! Thank you

voquendo6167

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Re: Starting a new business
« Reply #51 on: July 25, 2017, 08:00:27 PM »
I registered for the business certificate already. What would be the next step? Is it to obtain the tax Id?

Michele

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Re: Starting a new business
« Reply #52 on: July 28, 2017, 08:41:06 PM »
Do you know what form of business you are going to have?  Sole proprietor, corporation, PLLC?  You must decide how you are going to structure your business.
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voquendo6167

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Re: Starting a new business
« Reply #53 on: July 30, 2017, 09:04:11 PM »
Sole proprietor

Michele

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Re: Starting a new business
« Reply #54 on: July 31, 2017, 07:41:40 AM »
As long as you know that you want to be sole proprietor then I would go ahead and get your Tax ID.  After that, Market, market, market!
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voquendo6167

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Re: Starting a new business
« Reply #55 on: July 31, 2017, 10:18:59 AM »
Yes, I'm excited and afraid at the same time. I guess before marketing, I'll have to create and organize my home office, supplies etc.
Should I open a bank account first or wait for my first client?

Michele

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Re: Starting a new business
« Reply #56 on: July 31, 2017, 11:58:08 AM »
You won't need the bank account till you have money coming in to put into it!  But seriously, yes go ahead and open the account, but don't get so busy getting your ducks in a row that you don't get out and market.  You do need to be organized, etc, but all of the organization in the world won't do any good without clients.  We see people all of the time put so much effort into "getting ready" that they are burned out before they market and then they get frustrated because the clients don't come.  Get organized, get things in place, but market!

 
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voquendo6167

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Re: Starting a new business
« Reply #57 on: July 31, 2017, 01:39:56 PM »
Ok, thank you Michele