How to Start a Business

How to Start a Dermatology Practice

This advice is written for entrepreneurial folks who want to open a dermatology practice. Make sure you consider this advice before you open up shop.

Wondering how to start a dermatology practice? We take you step-by-step from start to success.

How to Write a Simple Dermatology Practice Business Plan

Haven't created a business plan for your dermatology practice yet? You could be in big trouble.

In many cases, the best approach is to keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.

If your time is limiting, outline the essentials of your dermatology practice's business plan now and make a commitment to come back to it later.

Don't Overlook Competitors

Prior to launching a dermatology practice in your town, it's a good idea to see how you will fit in the competitive landscape. Try our link below to get a list of local competitors near you. After clicking on the link, type in your city, state and zip code to get a list of dermatology practices near you.

Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.

Learn from Others Who Are Already In This Space

If you are seriously contemplating launching a dermatology practice, you really ought to speak with somebody who is already in the business. If you think owners of nearby dermatology practices will give you advice, think again. It'd be crazy for them to teach you the business.

On the other hand, an individual who has a dermatology practice on the other side of the country will be much more likely to talk with you, after they realize you reside far away from them and won't be stealing their local customers. In fact, they are often very willing to share startup advice with you. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.

How would you find an entrepreneur who is running a dermatology practice in another city who you can speak with?

We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!

Why You Should Buy (Instead of Start) a Dermatology Practice

It's no secret that entrepreneurs have a strong impulse to build companies from the ground up.

Yet a healthier and safer strategy may be to purchase an existing dermatology practice.

Most notably, a dermatology practice includes more than just assets - a brand identity and customer base come with the keys to the front door. As an added bonus, you'll also gain the ability to headaches and hassles of startup trial-and-error.

Is Franchising the Right Option?

The odds of achieving your primary goal of surviving in business are much greater if you buy a franchise rather than going it alone.

If your goal is to start a dermatology practice, you may want to assess whether there are good franchise opportunities available that might help you on your entrepreneurial journey.

The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.

Related Articles on Starting a Company

These additional resources regarding starting a business may be of interest to you.

Buying vs. Starting a Business

How to Get a DUNS Number

What Business Should I Start?

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary