Anyone else starting a business as a nursing student?

PA_RN87, BSN, MSN, RN, APRN · Apr 8, 2016

You're starting a home care agency, or you're starting AT a home care agency? When you say starting a business, do you mean something as heavy as a home care agency, or becoming a consultant for Jamberry, Thirty-One, Pure Romance, Avon, etc.?

I worked with a few nurses who were reps for Pure Romance and Thirty-One, and they seemed to like it.

NurseGirl525, ASN, RN · Apr 9, 2016

What kind of business??

milesims · Apr 9, 2016

I'm starting a non-medical home care agency. I'm sending PSWs to client homes to help them with ADLs and housekeeping.

milesims · Apr 9, 2016

A home care agency. It basically means senior care agency. So I send PSWs to client homes to help them perform their ADLs and housekeeping.

JustBeachyNurse, LPN · Apr 9, 2016

The original thread. It appears to be a Canadian specific opportunity

https://allnurses.com/nursing-in-canada/starting-a-home-1042953.html

milesims · Apr 9, 2016

It's not Canadian specific this time. I want to know nursing students from all over the world starting a business and see how they're managing.

JustBeachyNurse, LPN · Apr 9, 2016

It's not common as most won't have access to the grant you received. Most students struggle to make ends meet while attending school full time. Many students can barely work part time, if at all, while attending a rigorous nursing program. Starting a business has many legal requirements in the US from creating a business name and registering with the state, ensuring you have a unique business name, creating a LP, PC, LLC, Corp, or Inc and all the corporate documents including incorporation declaration and bylaws, background checks, bonding of self and employees, bank accounts, certificate of need or other dept of health authorization, accounting, payroll, charting, reversals, billing, marketing, getting business classification EIN & Tax ID from the IRS, securing staff doing credential & background as well as pre employment health checks, insurance if required by # employees working >30hrs wk, direct deposit, liability, office/building, & malpractice insurance as well as disability & WC & employee Liability Insurance creating a business plan and securing additional start up funds

And more...most student nurses don't have a strong business background & resources to have the time and funds to start a business.

I tutored as a student. Sole proprietor. Cash or barter only. Worked for me..

FolksBtrippin, BSN, RN · Apr 9, 2016

I'm always amazed at how complicated most Americans believe starting a small business is paperwork and red tape wise.

It can GET complicated if the business grows very large, requires a lot of capital, or you are doing work that is heavily regulated by the government. But it isn't extremely complicated to simply start working for yourself.

Anyway, I did not start my business in nursing school. I started the business long before nursing school and then pared down by eliminating contracts so that I could have the time to devote to classes, clinical, studies.

I would not advise someone to start up a business while starting nursing school simply because in my experience it takes a long time to get a business running to the point that you dont have to baby it. In the beginning you spend a lot of time advertising, building and losing money. Eventually your business gets up and walks on its own and then it pays you back. To start the process while you are also starting nursing school seems impossible to me as they both require a lot of dedication and time, blood sweat and tears type of stuff.

But this might not apply to you if you got some type of grant and already have a lot of support.

Good luck!

milesims · Apr 9, 2016

Yes, I can see your points. And it definitely isn't all red tape to start a business in the US. It's even easier in Canada, Ontario to start a home care agency.

I got doubts a lot when I first came up with the idea 5 months ago. Everyone thought it was impossible and a stupid idea.

But now that I've finished my business plan, got the grant, worked hard enough to raise the money to build this business last year and in high school, obtained a free office at the uni, and paid off all of my schooling, I have the same classmates begging me for a job and my parents are very proud.

I have three months during the summer to start this business up and I can manage in school, since I got past the hardest year of nursing working 40 hours a week and receiving straight As.

It'll cost me little to nothing to maintain the business. My only costs are advertising, gas, and my website, which the grant will cover for 6 months.

Thank you for your insight!

la_chica_suerte85, BSN, RN · Apr 9, 2016

So, is this a humble brag or....?

milesims · Apr 9, 2016

I'm just making a point of how I intend to build this business, how qualified I am, and how far I've gotten. I purely want to hear about previous experiences, so I said all of this to let everyone know that I got this and don't need to hear about how hard it is.

If you're offended by somebody sharing their accomplishments and how they achieved them, then you should reevaluate your priorities. Maybe learn a little from it.