Six starting points:
1. Create a comprehensive business plan that includes income and expense projections, competitor analyses and a defined target market.
2. With a business plan in hand, secure funding from a business partner, other physicians or a financial institution.
3. Consider market density and target populations when selecting a location for your practice.
4. Invest in equipment and talent.
5. Determine whether to outsource medical billing or handle it in house. Conduct extensive research and consider acquiring a lawyer, especially if choosing not to outsource.
6. Establish an easy-to-navigate website and digitally market the practice.
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