Writing Your Medical Billing Business Plan
and Medical Transcription Business Plan 


Today's Top Tip

Online business plan scams are alive and doing very well. There's even a new wrinkle: the "crowd funding". Trust me, no one makes money but the promoters in this scheme.

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The medical billing business used to be a whole lot easier, and so did medical billing business plans.  But the thousands and thousands of changes to insurance plans and Medicare each year have turned this into a very high tech business.

Finding Your Financing for Your Medical Billing Business Plan

Quite honestly, funding for anything is tough right now, even in the medical field.  The medical field used to be immune from economic burps, but it seems that a lot of patients can postpone all kinds of treatment when they have no insurance.

All of which says that you won't find it easy to get financing.

But here are a couple of things you might try:

(1)  Leasing Your Equipment

One of your biggest expenses will be the software you need.  It is possible that the company selling the software will sell it to on terms (heck, they need business too).  Or, as an alternative, try leasing it.  Really.  Software can sometimes be leased.

(2)  Use Your Clients

When approaching a bank, don't hesitate to list the names of the physicians and clinics that you will be serving.  They are your best recommendation.

In fact, a very nice tactic is to show your business plan to one of your clients, asking permission to include his/her name in your Client List.  Leave the business plan with him/her to browse through.  If it is strong enough, you may just get a referral to an independent person who can fund it, or perhaps a referral to business banker.  Either way, you are way ahead of the game.

So get that business plan in order, and go for it!

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To find out more about the 7 Step Business Plan for Medical Billing, CLICK HERE

 

1 Your workbook
2 Your business plan template
3 Excel spreadsheets

Back to top of Medical Billing Business Plan

Customer Reviews of the Medical Billing Business Plan

Here's a sampling:

Judy Hammelstein. "Some people say I'm disabled, but I sure don't think so. Thank you for helping me get my business on its way."

Derek Jenkins.  ""I highly, highly recommend your & Step Medical Billing set.  it has made all the difference in the world."

Darella Adams (Topeka, KS).  "We grew so fast that I needed financing in a hurry.  I know it was the business plan that swayed our banker.  Good job!"

YOUR REVIEW OF THE MEDICAL BILLING BUSINESS PLAN

We would love to learn of your experience with the 7 Step Medical Billing Business Plan.  Please go to our Business Plan Review Page and tell us what you think!

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Asked what he would do if he found a million dollars,
YOGI BERRA said, I would try to find the person that lost it, and if he was poor -- I'd give it back."

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