Starting a Medical Billing Business > Starting Your Own Medical Billing Business
Starting a new business
Michele:
Sounds like you have a great foundation. Marketing is your next step and will be the hardest. Getting that first client is tough. But once you get one, others will follow. There are many different marketing ideas. Many are on the forum if you do a search. You also will have to decide on a software if you haven't already. You don't want to wait until you get the client to pick out the software. Sounds like you have the billing background. You mostly need marketing help. Start by searching this forum. There are a lot of great tips. We do have two books on marketing. You can read more about them at:
http://www.medicalbillinglive.com/medical-billing-marketing/
http://www.medicalbillinglive.com/medical-billing-marketing-strategies/
Good luck!
voquendo6167:
Is it best to open a business bank account rather than use my personal account since I'll be registering as a sole proprietor and no employees?
Do I need a tax id as a sole proprietor or should I use my ssn? I was told never to use my social security number, but I want to make sure.
Oh and once I register my name, will it have an expiration date?
voquendo6167:
Is it best to open a business bank account rather than use my personal account since I'll be registering as a sole proprietor and no employees?
Do I need a tax id as a sole proprietor or should I use my ssn? I was told never to use my social security number, but I want to make sure.
Oh and once I register my name, will it have an expiration date?
Michele:
--- Quote from: voquendo6167 on April 20, 2017, 02:15:01 PM ---Is it best to open a business bank account rather than use my personal account since I'll be registering as a sole proprietor and no employees?
--- End quote ---
If you get a tax ID it is a good idea to have a separate bank account. In general it is good idea to have a separate bank account.
--- Quote from: voquendo6167 on April 20, 2017, 02:15:01 PM ---Do I need a tax id as a sole proprietor or should I use my ssn? I was told never to use my social security number, but I want to make sure.
--- End quote ---
This is your preference. It is a good idea to have a tax id, especially since they don't cost anything. You will use your tax ID for different things so if you don't want to use your SSN then you should bet a tax ID.
--- Quote from: voquendo6167 on April 20, 2017, 02:15:01 PM ---Oh and once I register my name, will it have an expiration date?
--- End quote ---
Do you mean register with your county or state? If so, you would have to check with them on if there is an expiration date.
voquendo6167:
Ok, thank you
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