Business Plan Development

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 the potential future business.

Write a 2 page paper Business Plan that addresses the cost for establishing your own independent practice in your home state, including:

o Clinical site expenses

o Employee structure and expenses Supplies

o Utilities and other overhead expenses

o Malpractice insurance

o Continuing education expenses

o Accounting fees

o Services identified that you will provide (e.g., primary care services, drug screens, DOT exams)

o Projected monthly income necessary to support your independent practice