The Private Medical Practice Academy

Episode 2: The Key Steps to Actually Starting A Business


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Getting your business started is fast and easy. In this episode, I will walk you through the steps so you can do it yourself.

Here are the key steps:

  • Choose your company name
  • Check the Secretary of State website for your state to determine if the name is available. 
  • Obtain the domain name(s) for your company
  • Talk to your CPA and determine whether you want to have an LLC or an S-Corporation
  • Complete the Articles of Incorporation (sometimes called Articles of Organization) on the Secretary of State website and any other required steps for becoming incorporated
  • Apply for an EIN (Employer Identification Number)--your business tax ID. Here is the link to get your EIN https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
  • Apply for a business NPI (different than your individual NPI). Here is the link: https://nppes.cms.hhs.gov/webhelp/nppeshelp/MAIN%20PAGE.html If you are a sole proprietor you don't need this (yet).

Support the show

Want to hear more tips on how to start, run and grow your practice and related medical businesses, please sign up for my newsletter at https://www.thepracticebuildingmd.com

Join my FB group, The Private Medical Practice Academy.

Enroll in How To Start Your Own Practice and get the step-by-step process for opening your practice.

Join The Private Medical Practice Academy Membership for live group coaching, expert guest speakers and everything you need to know to start, grow and leverage your private practice. The course, How To Start Your Own Practice is included in the membership, as a bonus.

Rate, Review, & Follow on Apple Podcasts"I love Sandy Weitz and The Private Medical Practice Academy Podcast." <-- If that sounds like you, please consider rating and reviewing my show! This helps me support more people -- just like you -- move toward the practice they want . Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!

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The Private Medical Practice AcademyBy Sandra Weitz MD

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