Starting a business as a nurse

THE LLC

1. What an LLC does

• It separates you from the businessA limited liability company
• It can protect personal assetsFrom business debts, in most cases
• You form it with your stateFees and rules vary by state

Source: U.S. Small Business Administration (SBA).

INSURANCE

2. An LLC isn't insurance

• Professional liabilityCovers claims about your nursing work
• General liabilityCovers injuries and property damage
• Your employer's policy may not cover side workAsk before you assume

YOUR LICENSE

3. Your license is still personal

• An LLC doesn't shield your licenseYour board still holds you accountable
• Stay in your scope of practiceCheck your state board
• Some services need moreA medical director, permits or state approval

Rules vary by state. Check your board and state law.

MONEY

4. Keep business money separate

• Get an EIN from the IRSIt's free on irs.gov
• Open a business bank accountDon't mix it with personal money
• Track every expenseYour CPA will thank you

YOUR FIRST STEPS

5. Before you take a client

• Talk to a business attorney in your state
• Get the right insurance in place
• Check what your board allows
• Set up bookkeeping from day one

Educational only, not legal or tax advice. Talk to a business attorney or CPA in your state.