Private Practice < 90% DELUXE >

: Apply for an Employer Identification Number (EIN) through the IRS, even if you don't plan to hire staff immediately.

: Open a dedicated business bank account to keep personal and professional finances strictly separate, which simplifies tax preparation and audits. Private Practice

Starting a private practice is a transition from being a clinician to becoming a business owner. This guide breaks down the essential phases of launching and sustaining a professional practice, primarily focusing on mental health and medical providers. 1. The Legal and Financial Foundation : Apply for an Employer Identification Number (EIN)

: Ensure your state licensure is in good standing and obtain a National Provider Identifier (NPI) number. 2. Strategic Planning and Logistics Getting started in private practice This guide breaks down the essential phases of

Before seeing your first client, you must establish a legitimate business structure to protect your personal assets and ensure tax compliance.