How to Insure Your Naturopathic Practice Success

Naturopaths completing their education launch into the world of private practice armed with extraordinary medical skills.  Yet, year after year we hear of friends and colleagues struggling to succeed or leaving practice entirely.  What is the single leading factor to naturopaths not achieving their vision of success - lack of a clearly defined business plan - and monitoring it year after year.

Ugh - business you say!  Let's be frank, as a naturopathic physician you are engaged in the business enterprise of medicine as a health care provider - period.  Unless you have found the fountain of youth and your patients are crying from the mountain tops about your discovery, success is going to be built on clearly defining goals, strategies to reach those goals, and monitoring successes and failure in your business to make adjustments.

Every naturopathic practice, or major project in your practice needs a business plan.  Just like you would not begin treating a patient without a treatment plan, why are you trying to run a business without a business plan. Your business plan is your practice road map to success.  It helps you navigate through your unique competitive environment.

Over the course of the next six posts we will explore how to create a workable business plan - not a volume of scholarly work to be put on the shelf and admired, but a usable tool to insure your future as a competent and successful naturopathic doctor.

NEXT POST - General Format and Presentation

If you would like to discuss how your practice is performing, or have a question to develop your plan, please email to naturoeconomics@gmail.com