Private nursing service is relatively easy to start, it requires moderate start – up capital, and it is indeed one of the coolest ways to make money as a nurse especially if you are starting the business in The United States, Canada, and Europe or in Australia.
Since the demand for private nursing service is increasing in places with aging population, more private duty nursing business are opening up to meet this demand. So if you know you are a nurse or you have interest in the health care industry and you live in a community where the elderly require special care, then you should consider starting your own private duty nursing service.
It is fact that you can make your first million dollars within 2 years or more of starting your own private duty nursing services, especially if you are in an area where the rush for private nursing service is high. The good thing about private duty nursing service is that if it is well established, your service won’t just be restricted to old people or those who would need you to send nurses to their home, but also some hospitals that are short staffed of nurse and would need a trained nurse for a period of time on a contract basis.
Now that you have made up your mind to start your own private duty nursing service, then you should follow these 7 steps that will help you establish your own private duty nursing service from the scratch and build it to profitability within the shortest time possible;
Starting a Private Duty Nursing Service – Sample Business Plan Template
1. Carry out a Survey
You stand to gain a lot if you first conduct a survey in the area you intend starting your private duty nursing service. Your survey should help you with the demographic composition of the area you intend starting your business, the amount people will be able to pay for your services, the road network, and how easy it is to recruit nurses. So ensure that you go out with your questioners and gather all the statistics that will help you make proper preparation before launching your own private duty nursing service.
2. Write Your Business Plan
Having conducted your survey; you should have an idea of what is expected of you to successfully start and manage your own private duty nursing service. If your survey is properly carried out, it will make it easier for you to write your own business plan. Your business plan should cover areas such as finance, marketing strategy, taxes, recruitment policy, running cost, expansion strategy, and other factors that will help you run your private duty nursing service with less friction.
3. Learn the Business (Get Trained)
It is very important that you get trained as a nurse and then proceed to learn how to manage a private duty nursing service business. You can enroll in a nursing school and get trained as a Registered Nurse (RN) or you register in a College to obtain a degree in nursing. If you know of anyone who is already running this type of business (private duty nursing service), then you should apply to work under him or her so that you will learn the trade. The truth is that you stand to gain a lot if you have relevant experience in this industry before starting your own.
4. Acquire the Required Certification and License
Starting a private duty nursing service requires that you acquire some certification and license from the organization regulating health care and nursing industry in your country. So, ensure that you read up and find out how to get your license and certification and then proceed to the appropriate organization to file – in your application. The process might take a bit of your time, it is important that you exercise patient.
5. Rent an Office Facility
You would need an office facility to run your private duty nursing home. The location you choose for you office is very important, ensure that you locate your office in a place that can easily be accessed. If possible rent an office facility that is situated in the centre of town a place where it will be easier and faster for your nurses to reach all your clients.
The truth is that the nature of your business requires that you act fast whenever anyone calls for your services especially in emergency cases. So before finally making your choice of office space, ensure that it is a place that has good road network and a place that is not prone to traffic.
6. Recruit Competent Nurses: The core aspect of running a private duty nursing service is assigning nurses to individuals who need them. So it is vital that you recruit nurses that are qualified and well experienced. When recruiting nurses, ensure that you look out for those who can work with little or no supervision, because truly they should be competent to work on their own. Don’t forget to conduct background check before finally allocating a nurse to a home. This is important so as to avoid sending an unqualified nurse or a criminal to a client. Make sure that you train and re – train the nurses under your payroll at regular intervals.
7. Market and Promote Your Business
There are loads of old people and even schools and organizations that will need your services. It is your responsibility to let people know what you do. So ensure that you execute your marketing strategy as stated in your business plan and if need be, you might have to improvise if you are not getting the required result. So besides recruiting nurses, you will be expected to recruit marketers.
0 Comments