Are you thinking of starting a nurse-owned business? There are countless business ideas, and having a nursing education opens up even more possibilities because we have advantages over the general population due to our skills, credentials, and work ethics. Just be sure to check your idea against your state’s nurse practice act before you begin.
Registered nursing is one of the largest licensed professions in the United States, with more than 4 million registered nurses earning an average of $80,000 annually. When nurses are successful in their own businesses, they often increase their income, satisfaction, and freedom to even higher levels than when they were employees.
Currently, more than half of all nurses are considering leaving their employment because of high levels of stress, mental and emotional exhaustion, being buried in paperwork, or lacking job satisfaction. Starting their own business can help alleviate these issues and give nurses more autonomy and flexibility.
If you are searching for business education online, many terms describe nurse entrepreneurs, including licensed nursing consultants, self-employed nurses, nurse business owners, independent nurse contractors, independent registered nurses, and nurses in private practice or group practice.
What Are Your Interests and Skills?
Selecting the nursing business ideas that are best for you requires evaluating your skills, goals, and interests. To narrow the field of possibilities, ask yourself if you enjoy and are good at these services:
- Educating others about medical or health-related issues
- Designing and implementing wellness programs for individuals or groups
- Identifying problems and solutions in healthcare organizations
- Providing companion services
- Providing medical equipment and supplies
- Reviewing care provided by others and creating patient safety and well-being programs
- Providing a nurse’s analysis of healthcare situations to lawyers
Top Profitable Nurse Business Ideas
1. Nurse Health Coach
People who have severe chronic illnesses or are recovering from serious acute illnesses or injuries often need health coaching. Health coaching does not require a license or certification, but the public often prefers coaches who are registered nurses when given a choice. Clients pay for health coaching directly, so there are no issues in dealing with insurance companies.
Nurse coaches help clients live a healthy, balanced lifestyle and take better care of themselves. Nurse coaches partner with their clients to examine their life holistically and choose the path or solution that fits them best. Nurse health coaches tend to have significant autonomy and flexibility in their schedules. They can choose their working environment and target the kinds of clients they enjoy working with most.
2. Concierge Nursing Services
Concierge nurses provide in-home care and customized nursing services for wealthy patients who pay out of pocket for your assistance. These clients often go through some medical issue or treatment process and can afford to pay for the specialized service they want.
One lucrative niche to target is cosmetic surgery patients that travel for cosmetic surgery by renowned surgeons. They often need to remain in the area for a period of recovery and require assistance during their recovery.
3. Fitness Nurse
Fitness nursing is a relatively new area that integrates physical exercise, wellness, and disease prevention. A fitness nurse works with patients to develop a customized exercise regimen to optimize their health or recover from injury or illness.
The types of clients can vary widely and include: corporate employees, professional athletes, spas, cardiac rehabilitation, surgery recovery patients, pediatric sports athletes, and sports health club members.
4. Specialized Care Provider
The healthcare industry offers a vast range of business opportunities for nurses. Depending on your experience and interests, you can choose from business ideas such as:
- Telehealth nursing
- In-home senior care
- Hospice and death support care
- Doula service during pregnancy and childbirth
- Childbirth training
- Fertility consulting
- Lactation consulting
- Mindfulness and stress consulting
- Holistic and alternative nursing services
- Dietician services
- Fingernail and toenail care for people who have chronic health challenges
5. Legal Nurse Consultants
A legal nurse consultant(LNC) is a registered nurse that analyzes medical cases, testimony, and healthcare facts for legal claims. An LNC helps lawyers evaluate evidence, prepare for litigation and prove their cases. This lucrative career is best suited for more experienced nurses with good credentials and clinical expertise.
LNCs perform varied tasks, including evaluating the strengths and weaknesses of cases, preparing analysis and documents, testifying as an expert witness, and educating legal staff.
6. Nurse Continuing Education (CE) Courses
If you are an experienced nurse who enjoys teaching others, you can develop innovative courses and training programs for nurses. Opportunities exist for writing and selling your courses yourself and contract writing for other companies.
Nurse continuing education (CE) instructors can teach general nursing courses or specialize in specific areas such as pediatric nursing, geriatric nursing, orthopedics, nursing informatics, or the latest regulations.
7. Nurse Blogging or Freelance Writing
If you enjoy writing, then blogging or freelance writing may be for you. To develop your blog, you will need to establish a unique identity and exciting content that has valuable information that attracts readers and ranks well in search engines like Google.
There are many areas to write about, such as wellness, healthy living, nurse mom life, and nursing specialties. Developing a blog readership can be challenging and generally takes longer than you may think, so you’ll need to carefully develop both an attractive editorial voice and robust marketing strategies.
As a nurse freelance writer, you would write content for other websites, healthcare organizations, publications, and healthcare businesses for a fee. There are a variety of ways to market your services, including these freelance writer websites. The more impressive your experience and credentials, the higher rates you can charge, and, of course, you can write from anywhere in the world.
Discover and Do What You Love
As you can see, there are many options for nurses who want to start their businesses. If you want to be a nurse entrepreneur, your goal should be to identify the problems you will enjoy helping people solve and the types of clients you will love working with and test your ideas. If you can work in an area you are passionate about, you will enjoy your work and likely succeed in it.
The National Nurses in Business Association offers resources, self-employment ideas, and training for its members. Another top resource is New Directions for Nurses. This nonprofit organization provides continuing education (CE) courses and coaching services designed by nurses, for nurses to help them become safely, securely, and sustainably profitable in their businesses.
References
7 Best Nursing Business Ideas for Nurse Entrepreneurs .... https://www.theselfemployed.com/article/7-best-nursing-business-ideas-for-nurse-entrepreneurs