The Shortcut URL To This Section Is: http://www.nursingentrepreneurs.com
Steps To Start Any Business, in Any State (This example is for a nursing agency):
I'd compare setting up your business to doing your taxes.
Most people can do their taxes themselves, fill out the tedious forms and pull their hair out. Or you can pay an accountant to do them who will be happy to send you a large bill for his services.
When I first talked to my Attorney about Incorporating, he quoted me $995 to have his office take care of it for me.
When I called the Department of Taxation & Revenue in New Jersey, they told me it would cost $125 in filing fees and $25 for the name search. . . . . . . so by filling out the forms myself, I saved close to $800.
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The basic types of business organizations you can consider are:
This becomes important when deciding to run a business as a Sole Proprietorship, LLC or Corporation. There are "deductions" that the IRS will question/scrutinize more heavily in a "home office" than it will in a "corporate lease."
Jennifer DeProspo, District Manager
Or your can do it yourself with a program such as Quickbooks Pro. $10.95/mo basic service.
The government also takes a matching $334 from Nursefriendly, Inc. as their employer.
Total cost of paying an employee $1000 is $1334 to the business. Plus payroll costs. This is a cost you'll need to factor in when deciding how much to charge your facilities.
You can have your nurses work as independent contractors to simplify this. That makes them responsible for paying their own taxes. Some nurses may not be comfortable with this as they can end up with a very large tax bill (as can you) at the end of the year.
If you explore the site a bit, you'll find profiles of hundreds of nurse entrepreneurs around the country. We encourage you to browse around, find a business category you are interested in, then contact the nurse directly. We're available for questions as well. This website is Owned-Operated by Andrew Lopez, RN a Medical/Surgical/Telemetry nurse.
Has your Nurse-owned business been written up in the news? Do you send out a newsletter or regular press releases? We'd like to hear about it!
Should You Incorporate Your Registry Business? By Joseph Caracci, RN:"The short answer is yes! When starting a new nurse registry business, you are entering into a legal business environment that requires you to take steps to protect your personal assets, such as your home, your savings, and your retirement. With this in mind, you need to determine which legal form you are going to take for your new registry. Some of the common choices are a sole proprietorship, a partnership, a limited liability partnership (LLP), a limited liability company (LLC), and a corporation."
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The #1 question, we've been receiving lately is about Starting A Nursing Agency, resource sites & manuals
Please note, Listings in this directory are FREE permanently to Nurse-Owned businesses.
If you're just starting out a business and are not sure how to go about it, feel free to give us a call or send us an E-mail.
If you have a lot of questions, we'd suggest getting a cell phone with lots of national minutes (smile).
We can walk you through step by step from deciding
Call or E-mail Andrew Lopez, BS RN, President & CEO of Nursefriendly, Inc. at 856-415-9617 or info@nursefriendly.com.
If you don't see a category or state your business belongs
in, we'll create it! We're very supportive of nurses looking to start or expand their nurse-owned businesses. If you have questions, please contact us. In our directories, we've organized resources to help you start, build and grow your business.
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Interesting Reading For Nurse Entrepreneurs, Actual or Soon To Be:
Nurse Entrepreneurs: Tales of Nurses in Business:"This book is vey inspiring! Learn how 50 different nurses brought their vision to reality! Learn some great tips on starting your own business. Nurses don't have to just work at the bedside. Read this book and you will be thinking of how you can make your dream a reality!"
Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them:"Rich Dad's-"Own your Own Corporation" is a must read for anyone comtemplating a new business-or someone who already owns their own business. Garrett's direct yet simplistic explanations of the different business entities,the proper and best suited entity for your business-is followed by real-life scenarios which helps drive home the importance of corporate ownership in today's business world. Use Garrett's legal expertise to establish a successful, legally responsible and fiscally protected business...And understand the why's and how's of that ownership."
21 Success Secrets, Success Secret #4- "Do What You Love to Do." Get your FREE CD and find out the other 20 secrets of self-made millionaires.:"Order your FREE CD ($4.95 S&H) from Brian Tracy's acclaimed 21 Success Secrets series. Start with 21 Success Secrets of $elf-Made Millionaires - full of techniques practiced by all men and women who go from rags to riches in one generation. Brian Tracy is a noted success expert. He's trained over 2 million people in 23 countries how to achieve their financial goals faster than ever before."
Please select from the following, see also Doing Business Resources:
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For Health Information you can use, Follow, Connect, Like us on Facebook, Google Plus, LinkedIn,Twitter, etc. (Most Invites Accepted):
http://www.nursefriendly.com/social/:
If you do any Browsing or Windowshopping online, please visit our online Mall:
Gifts For Nurses:
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Our Newest Nurse-Owned Businesses
Review Nursing Entrepreneurs by State:
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Starting A Nursing Agency, How To Start
#BusinessPlans, Do I Need One?
Career Alternatives For Nurses
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Turn Your Knowledge & Experience Into Revenue!
What Exactly Is A Nurse Entrepreneur
What Made You Decide To Start Your Own Business?
Small Business Administration:"What goes in a business plan? This is an excellent question. And, it is one that many new and potential small business owners should ask, but oftentimes don't ask. The body of the business plan can be divided into four distinct sections: 1) the description of the business, 2) the marketing plan, 3) the financial management plan and 4) the management plan. Addenda to the business plan should include the executive summary, supporting documents and financial projections."
Should You Incorporate Your Registry Business? By Joseph Caracci, RN:"The short answer is yes! When starting a new nurse registry business, you are entering into a legal business environment that requires you to take steps to protect your personal assets, such as your home, your savings, and your retirement. With this in mind, you need to determine which legal form you are going to take for your new registry. Some of the common choices are a sole proprietorship, a partnership, a limited liability partnership (LLP), a limited liability company (LLC), and a corporation."
It's mostly a matter of convenience, and whether you've got more time or money at this point.
http://www.nursingentrepreneurs.com/incorporate
MyCorporation.com®, the Internet's leading provider of Incorporation, LLC Formation, and Trademark Search Services, has helped tens of thousands of companies across the U.S. get their start.
Founded in 1998 by attorney husband and wife team Philip and Nellie Akalp, MyCorporation.com was one of the first companies to offer affordable, online Incorporation packages targeting small-to-mid sized businesses and entrepreneurs.
MyCorporation.com®, the Internet's leading provider of Incorporation, LLC Formation, and Trademark Search Services, has helped tens of thousands of companies across the U.S. get their start.
Founded in 1998 by attorney husband and wife team Philip and Nellie Akalp, MyCorporation.com was one of the first companies to offer affordable, online Incorporation packages targeting small-to-mid sized businesses and entrepreneurs.
One point I'd like to make here is that there are a several household monthly bills your business could potentially pay and write off as tax deductible. To carry our house we pay $2000-4000/mo in basic bills. It is preferable to have the business pay bills in pretax dollars.
For Example:
Some that can be paid for and deducted by your business include:
Some bills that your business probably cannot deduct are:
856-437-3056
jennifer_m_deprospo@adp.com
Please note: If I pay a nurse $1000, their take home pay is round $666 (married), the government takes $334 out in taxes.
Click Here to return to our starting an agency page.
Nursingentrepreneurs.com is a networking and resource directory for Nurse-Owned businesses and nurses looking for an alternative to working at the bedside. Our Newest article is from an Arizona Nurse Entrepreneur:
http://www.nursingentrepreneurs.com/incorporate
Please choose from the following:
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what type of business organization is right for you to, payroll, marketing, etc.
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See also:
Nursing Degrees, LPN-RN, RN-BSN, RN-MSN, Online/Offline College, University and more!:"Higher income. Career mobility. Now, no matter where you live or what your schedule, you can earn your Associate or Bachelor Degree to take your professional life to the next level — without putting the rest of your life on hold!"
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We are Incorporated in The State of New Jersey, under the name:
Nursefriendly, Inc.
38 Tattersall Drive, Mantua, New Jersey (NJ) 08051
Our Phone #: 856-415-9617