To begin quiz enter your information below

Full Name *

Email *

Phone *

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Why do you want to start a private practice? *

I want more freedom and control.

I hate my job and want out.

I think it’ll be easy and make me more money.

Have you researched what running a business truly entails? *

Yes, I’ve read books and taken courses.

I’ve watched some YouTube videos and asked colleagues.

No, I just assume it’s like seeing patients but on my own terms.

Are you comfortable making difficult business decisions (hiring, firing, financial, etc.)? *

Yes, I understand it’s part of being a business owner.

Somewhat, but I’d rather just focus on patient care.

No, I don’t want to deal with business decisions.

How do you handle uncertainty and risk? *

I embrace challenges and problem-solve.

I get anxious but push through.

I avoid risk as much as possible.

Are you prepared to market yourself and attract patients? *

Yes, I have a plan to build my brand.

I’ll rely on referrals and word of mouth.

I expect patients to just find me.

Do you know how much it costs to start a private practice? *

Yes, I have a detailed budget.

I have a rough estimate.

No, I haven’t thought about it.

Do you have at least 6 months of savings to cover expenses while you grow? *

Yes, I’m financially prepared.

I have some savings but not enough.

No, I plan to figure it out as I go.

Do you know the difference between revenue, profit, and cash flow? *

Yes, I track financial metrics.

I have a basic idea.

No, I just expect to make money.

Have you thought about how you’ll handle billing, insurance, and collections? *

Yes, I understand the process.

I assume I can hire someone for that.

No, I haven’t looked into it.

Are you prepared for fluctuating income (some months making less or none)? *

Yes, I have a financial plan.

I think I’ll be okay, but I’m unsure.

No, I need a steady paycheck.

Do you understand the legal requirements of opening a private practice? *

Yes, I know all the licenses, taxes, and paperwork needed.

I have some idea but need help.

No, I have no clue.

Have you thought about how you’ll structure your practice (solo, group, telehealth, etc.)? *

Yes, I have a business model in mind.

I’m still unsure.

No, I haven’t planned that far.

Do you know how to set pricing and ensure your services are profitable? *

Yes, I’ve calculated my costs and ideal pricing.

I assume I’ll charge the same as everyone else.

No, I have no idea how to price my services.

Are you comfortable with delegating tasks (billing, admin, etc.)? *

Yes, I know I can’t do everything myself.

I’d rather try and do it all myself to save money.

I haven’t thought about this.

Do you know how to attract and retain patients? *

Yes, I have a marketing and patient retention strategy.

I assume referrals will be enough.

No, I haven’t thought about patient growth.

How much time are you willing to spend on the business side of your practice (marketing, operations, accounting)? *

A few hours a week (5-10hrs), I know it’s necessary.

As little as possible (1-3hrs), I just want to see patients.

Zero, I don’t want to deal with it at all.

How do you handle self-discipline and staying on track? *

I’m good at managing myself and sticking to goals.

I need structure and accountability to stay focused.

I struggle with follow-through.

Are you willing to invest in mentorship, coaching, or software to make your business run smoother? *

Yes, I know it will save me time and money.

Maybe, but I’d rather try DIY first.

No, I don’t see the value.

How do you feel about working long hours initially to build your practice? *

I’m ready to hustle and put in the work.

I want a better work-life balance, so I’m hesitant.

I expect it to be easy and stress-free.

If your practice struggles in the first year, what will you do? *

Adjust my strategy and keep going.

Consider going back to employment.

I don’t know—I haven’t thought about failing.