I have a passion for business and for working with entrepreneurs. I've spent the last 13 years with an entrepreneurial investment banking firm, which focused on assisting entrepreneurs in the sale of their company (or facilitating an acquisition). This particular firm specialized in serving the consumer catalog and educational publishing markets.
I recently left the firm to pursue nursing. However, I haven't left behind my love of business, finance, and working with entrepreneurs. There has to be a business where I can combine nursing and finance.
I'm thinking of either joining a venture capital firm/investment banking firm in the healthcare field eventually--OR maybe launching my own business that provided financing to help RN entrepreneurs develop and grow their businesses.
Do you think this type of service would be helpful and needed in the healthcare field? I'd focus on healthcare businesses less than $50 MM in sales. Thanks for your comments/suggestions. Regards, Stephanie
Wow! What an article... did I ever welcome you Stephanie to the board? I am sure glad you are here to contribute. We have needed a shot in the arm with some new blood with new ideas/concepts.
So, one of the ideas "I" have is in developing a chair massage and foot care business. With diabetic foot care, there are many concerns about caring for the foot as well as for individuals who are vascular compromised.
I have searched the Internet and have seem suppliers. I assume, to a certain extent, one sets up and account orders and pays. There must be a 30 day grace period or a credit account set up.
Do you know anything about how the above works?
Have you used SCORE or have you consulted there?
nightngale1998,
That sounds like a great idea for a business! I have a couple of thoughts:
1) there appear to be fellow RN entrepreneurs who have established footcare businesses on this board. I would ask about their experience about how they established a link with their primary suppliers (including the dos and don'ts).
2) I would contact the suppliers you have in mind (maybe check out at least 3 so you have a comparison and possible negotiation) and ask them specifically the steps involved in establishing credit.
3) Do you have a business plan?
4) I haven't used SCORE, but I'm going to check it out. Thanks for the suggestion.
Toby's mum
164 Posts
nightngale1998,
That sounds like a great idea for a business! I have a couple of thoughts:
1) there appear to be fellow RN entrepreneurs who have established footcare businesses on this board. I would ask about their experience about how they established a link with their primary suppliers (including the dos and don'ts).
2) I would contact the suppliers you have in mind (maybe check out at least 3 so you have a comparison and possible negotiation) and ask them specifically the steps involved in establishing credit.
3) Do you have a business plan?
4) I haven't used SCORE, but I'm going to check it out. Thanks for the suggestion.