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Is it ideal to make your own practice?
Making my own business is something i definelty want to do when I become a PA. #PA #helpingothers
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esther’s Answer
Having your own business comes with benefits but also risk and responsibilities! If you are prepared to work hard you can make it work. Being employed is a more secure way of earning money. You may have to work without earning much for a while , as long as you can take that risk go for it!
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Tyler’s Answer
I am not a PA, but I do run a small business on nights and weekends. I also know a few PAs as family friends.
Being a PA and running a practice are two different skillsets and you might find that you're not interested in the day-to-day operations of a medical practice. Many medical practices employ a full-time Practice Manager who handles all the work required to run a business like paying bills, doing taxes, running payroll, hiring and firing employees, securing small business and malpractice insurance, advertising to get new patients, dealing with insurance companies, reordering supplies, managing leases on medical equipment, ensuring regulations are followed, etc.
The PAs that I know all worked in someone else's practice for a few years out of PA school for the steady paycheck and to get some additional real world experience in the field. PA school will teach you how to solve medical problems, but you won't learn how to run a business. The PAs that I know learned how to run a business in their years working for a larger medical practice. Then, once those PAs got some experience, some of them designed to go out and start their own practices or join much smaller practices.
You won't need to make these decisions for a long time, but as you progress closer to becoming a PA, it might be worth considering what kind of work you really enjoy (helping patients) and what kind of work you want someone else to deal with (insurance, bills, taxes, etc).
Being a PA and running a practice are two different skillsets and you might find that you're not interested in the day-to-day operations of a medical practice. Many medical practices employ a full-time Practice Manager who handles all the work required to run a business like paying bills, doing taxes, running payroll, hiring and firing employees, securing small business and malpractice insurance, advertising to get new patients, dealing with insurance companies, reordering supplies, managing leases on medical equipment, ensuring regulations are followed, etc.
The PAs that I know all worked in someone else's practice for a few years out of PA school for the steady paycheck and to get some additional real world experience in the field. PA school will teach you how to solve medical problems, but you won't learn how to run a business. The PAs that I know learned how to run a business in their years working for a larger medical practice. Then, once those PAs got some experience, some of them designed to go out and start their own practices or join much smaller practices.
You won't need to make these decisions for a long time, but as you progress closer to becoming a PA, it might be worth considering what kind of work you really enjoy (helping patients) and what kind of work you want someone else to deal with (insurance, bills, taxes, etc).