Starting a Private Speech Therapy Practice is complicated.
When I decided to start a private practice, I had no idea what I was getting into. I thought I'd start seeing a few clients on the side, in the evenings after my full-time school job, to help pay off my student loans a little faster and maybe eventually branch out on my own. "I'm a good SLP and have decent organizational skills, this can't be that hard!" I thought. Boy, was I in for a surprise!
I wanted to start my practice legally, so I began researching how to set up a business. I thought choosing a structure would be a quick Google search but it ended up taking over a month. I had to learn about business structures (LLC's, sole proprietorships, corporations, etc) and find out what worked best for my needs in my state. I spent hours researching taxes, CPA fees, and licenses, and many nights researching and freaking out about HIPAA compliance. What I learned is that all of the information you need to start a private practice is out there- but you have to dig for it! Nothing is in one convenient place. So I decided to change that.
I have spent cumulative weeks of time researching the best practices to start a private SLP practice. I've compiled comparison charts and pro/con lists for almost everything I could think of, from business structures to accounting methods to EHR/EMR software. And I learned that a lot of other SLP's have the same questions I did - so I decided to create a course that helps other SLP's start their dream practice without having to spend the time I did, reinventing the wheel of information. To begin, though, these are the 5 things you need to start a private speech therapy practice:
Those are the top 5 things you must have to start a private practice. If you want to learn more about any of these steps including links to how to set up an NPI number, plus get access to my "Am I Ready for Private Practice?" quiz that has actual actionable questions, check out my FREE Intro to Private Practice course. I specifically designed this course for SLP's; from the business structure info to the HIPAA-compliance tips, it's not just information for any entrepreneur. I created it for SLP's who want to start their own practices either on the side or full-time, and want to start well and efficiently.
Also, if you have done all 5 of these steps and want to know more, check out my full-length Private Practice Prep School course, which is a one-stop, step-by-step guide to starting and running a practice. It includes videos, comparison charts, and links to the resources you need, all in one place!
Do you have any questions about the steps I've listed here? Leave them in the comments below, or send me an email. I'm happy to help!
Hi y'all! I'm Jill! I'm an SLP who loves to create and blog about fun, evidence-based resources that make the lives of busy SLPs easier.