Nursing Business Ideas | Nursepective https://nursepective.com/category/financial-freedom/nursing-business-ideas/ Empowerment in Nursing and Beyond Mon, 22 Aug 2022 09:50:20 +0000 en-US hourly 1 37 Solid Business Ideas For Nurses in 2022 https://nursepective.com/business-ideas-for-nurses/ https://nursepective.com/business-ideas-for-nurses/#comments Fri, 18 Feb 2022 21:59:34 +0000 https://nursepective.com/?p=4877 Are you a nurse looking to find some new exciting business ideas for nurses? Are you looking to become a successful nurse entrepreneur? Are you seeking nursing side hustles that...

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Are you a nurse looking to find some new exciting business ideas for nurses? Are you looking to become a successful nurse entrepreneur? Are you seeking nursing side hustles that are not just wildly profitable but will help you attain financial freedom and help you out of bedside nursing? Then welcome!

This post is all about helping you find some unique business ideas for nurses

One of the most relevant sectors to humanity is healthcare. Both the sick and the healthy need health care benefits, and nurses are an integral part of this sector.

Nursing is a booming field of business and career today. As you may already know, licensed nurses are more than qualified to work in not only hospitals. According to their training, nurses can work in communities or own independent practices.

Many nurses with entrepreneurial spirit have successfully harnessed their

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1. Acupuncturist

Acupuncturist

Acupuncture is one of the best nurse entrepreneurial business ideas that have to do with stimulating specific points on the body to improve health and reduce illness.

It requires a good understanding of anatomy and physiology to run a successful acupuncture service business.

It's one of the most studied complementary and alternative medicine practices today. The minimum education required for an accredited master's acupuncture program is typically three years, and most states require that you pass a certification test.

National board certification is a fantastic method to certify that you have the skills and information to run a successful practice.

Nurse acupuncturists' service must be incorporated into the existing workflow, as Acupuncture is a supplementary treatment relevant to all hospital departments.

However, you can start a standalone acupuncture center that caters to the needs of people who value their wellbeing and want to be massaged, taught alternative medicine or herbal medicine, receive therapy, and learn about holistic care.

As an acupuncturist, you are an independent medical professional who gets to earn from multiple sources such as therapy, massage, medical spa, home study course, sales of products such as soap, oil, candles, etc.

Acupuncture is gaining popularity because it uses a holistic approach to maintain or restore health. And it's a lucrative business because the acupuncture market was worth USD 38.97 billion in 2019, according to grandviewresearch.com, and is predicted to increase at a compound annual growth rate (CAGR) of 19.78 percent from 2020 to 2027.

2. Cannabis Staffing Firm

Cannabis Staffing Firm

Do you know what the cannabis/CBD/marijuana industry is all about? Marijuana is a mind-altering psychotropic narcotic (psychoactive drug) that is strictly regulated, so it is not for the faint of heart.

A cannabis regulatory agency oversees a complex quality assurance system that includes production and manufacturing requirements, strict cannabis product testing, labeling, packaging, and advertising to guarantee that goods are safe for consumers and not targeted to minors.

Whatever the issue may be or government policy, the cannabis sector appears to find a way to succeed. This industry is expected to increase at a rate of 250 percent between 2018 and 2028, indicating a bright future.

Cannabis hiring firms are companies that specialize in the hiring of top-level executives. They use their industry-specific knowledge and experience to match you with the ideal applicant for your cannabis company, given their specialization in this field

The big businesses/corporations in this industry need a talented and innovative team to succeed.

Clients come first with a cannabis employment firm, and recruiters deal with a small number of clients at a time to assure quality.

You may expect a wide range of individuals from various backgrounds if you use cannabis staffing businesses. The entire process, including candidate integration, is overseen by cannabis staffing firms.

They are more involved in the hiring process, but they also make an effort to establish trustworthy relationships with their clients, guaranteeing that they locate the best individuals for them.

You can quickly start this business once you meet all the requirements. A cannabis staffing agency is a B2B (business to business) service, and getting clients requires that you package your services in attractive ways and stay in touch with your clients.

And as an extension, you can start by opening a cannabis dispensary, selling CBD oil, educating the public on the benefits, or combining a love of cooking with baking cannabis products.

3. Child Care Business

financial education for nurses

Child care education service is more than just owning a nursing-related business but a service of love for future leaders.

Child care is a massive part of the healthcare industry with many business opportunities, including babysitting, Rent Baby Stuff, Night Nanny, Children's Party Service, Creche, Baby Swimming Services, Kids' Taxi Service, New Parents School, and more.

Child care businesses are more profitable than many other nursing business ideas. In terms of assets, child care centers are historically one of the most promising, with many benefits that other investment opportunities lack.

Most child care center (child care/daycare/preschool) providers consider an L.L.C. registration because by filling an L.L.C., the provider(s) can protect themselves from lawsuits and insurance issues.

The cost of starting a child care service-type business ranges based on the state where your business will be domiciled, from Washington ($14,554) to Massachusetts ($20,913).

The childcare industry in the United States was valued at USD 54.3 billion in 2019, with a compound annual growth rate (CAGR) of 3.9 percent predicted from 2020 to 2027.

4. Childbirth Educator

The journey from pregnancy to becoming a new mother can be easy when you know what to do. As a licensed childbirth educator, you prepare pregnant women for the challenges of labor and delivery.

You teach them to recognize the signs that appear on their body as their baby enters the world. Joining the local birthing facility's childbirth classes offered by a licensed childbirth educator equips pregnant women to be better prepared to bring a healthy baby to life.

And if they register early, more class dates and times will be available to them to learn about what to expect during pregnancy, delivery, breastfeeding, and more.

The startup cost of a childbirth education service business ranges from a minimum of $62 to a maximum startup cost of $35,615. On average, the startup cost for a childbirth education service is $18,308

You will need to be certified by CAPPA (Childbirth and Postpartum Professional Association), an international certification organization for Doulas, Childbirth Educators, and Lactation Educators.

5. Concierge Nurse Service

The senior concierge is a popular service because some nurses specialize in running errands and others love household management.

Others like grocery shopping, pet care, escort services, and assisting the elderly with computer issues. When you're just starting, resist the impulse to spend money without planning, as this may lead to the ruin of your business.

Choosing a suitable legal form for your new business is also critical.

Most concierge operations are run as single proprietorships or limited liability companies. Rates range from $20 an hour in small towns and rural regions to $50 in major cities.

If you provide excellent service to your senior clients, they will tell others about you, and you will never need to advertise again.

Be sure to treat your clients the way they want to be treated (You can read the book: the "5 love languages" & "how to win friends and influence people" for better understanding).

Feel free to explore many of the several online programs that can help you keep up with your business bookkeeping demands.

On average, the annual income for a Concierge Home Care professional ranges from around $30,000 for a Caregiver to $62,708 for a Registered Nurse. The average hourly pay for Concierge Home Care ranges from $14.29 per hour for a Caregiver to $21.73 per hour for a Home Care Nurse.

As of December 27, 2021, the average Childbirth Educator income in the United States is $71,109; however, the range frequently falls between $60,262 and $81,524. Income ranges rely on various things, including schooling, certifications, supplementary talents, and the number of years you've worked in your field.

6. Daycare

scrub material fabric

Running a daycare service as an experienced nurse, you will be working with children as a child care provider. As a medical professional, you may open a daycare facility, offer in-home caretaker services to children with special needs, or work as a medical consultant or resource for other childcare enterprises.

Of course, some ideas, such as opening a daycare, will have particular permits and licenses, while others may be easy to start from home or as a side job.

In any event, having medical qualifications would make it simpler for you to sell your services and collaborate with other parents, carers, and companies.

Is it profitable to own a daycare? Daycare center owners make an average annual profit of $37,000. Some daycare center operators report annual profits of more than $60,000, while others report less than $20,000.

7. Doula Service

nursing business ideas

Running a daycare service as an experienced nurse, you will be working with children as a child care provider. As a medical professional, you may open a daycare facility, offer in-home caretaker services to children with special needs, or work as a medical consultant or resource for other childcare enterprises.

Of course, some ideas, such as opening a daycare, will have particular permits and licenses, while others may be easy to start from home or as a side job.

In any event, having medical qualifications would make it simpler for you to sell your services and collaborate with other parents, carers, and companies.

Is it profitable to own a daycare? Daycare center owners make an average annual profit of $37,000. Some daycare center operators report annual profits of more than $60,000, while others report less than $20,000.

8. Fertility Consulting

self employment ideas for nurses

Running a daycare service as an experienced nurse, you will be working with children as a child care provider. As a medical professional, you may open a daycare facility, offer in-home caretaker services to children with special needs, or work as a medical consultant or resource for other childcare enterprises.

Of course, some ideas, such as opening a daycare, will have particular permits and licenses, while others may be easy to start from home or as a side job.

In any event, having medical qualifications would make it simpler for you to sell your services and collaborate with other parents, carers, and companies.

Is it profitable to own a daycare? Daycare center owners make an average annual profit of $37,000. Some daycare center operators report annual profits of more than $60,000, while others report less than $20,000.

9. Health Care Training Business

Business Ideas for nurses

Establishing a healthcare training firm is similar to any other business idea. You'll still have to consider all of the fundamentals of business 101: What kind of customers do you get? What strategy will you use to encourage them to patronize you?

To thrive in your eLearning business, you must choose the right technology and tools as an independent medical professional providing enterprise training as a potential business opportunity.

With the correct tools in place, even a tiny, two-person firm may compete with a large, established training provider, if not in terms of content, quality, and presentation. What delicious taste is to a restaurant is insightful content to a training company.

Therefore, as an experienced nurse, you must understand that having in-depth, polished, helpful content is non-negotiable. If you're beginning a training company, you probably won't be able to afford to hire a professional marketing or sales team.

Instead, seek out the best freelancers and form a partnership with them. It's better to avoid uber-trendy topics because they're likely to be unsustainable for an extended length of time.

Health Educator pay rates range from $58,788 to $75,620 per year, with an estimated average income of $67,288. Total cash compensation, which includes base pay and yearly incentives, ranges from $59,805 to $77,572, with a median of $68,365.

10. Health Consultations Business

side business ideas for nurses

You need to have relevant experience to succeed at owning a nursing-related business such as a health consultancy because you can't coach others on what you have not learned & experienced yourself.

Before you start your health-consulting business, there are a series of steps you should take to increase your chances of a successful endeavor. Write a business plan that describes what you hope to accomplish with your business.

Each state has different requirements for registering new companies, so check with your secretary of state to figure out your state's requirements. Start marketing your health-consulting business.

Building a brand is one of the easiest ways to thrive in this line of business.

As a healthcare consultant with a doctoral degree, you earn about $97,591 per year, which is higher than those without Ph.D.

Healthcare Consultants with a Master's degree earn $92,099 per year on average, against $83,900 for those with a Bachelor's degree. So it pays to keep upgrading your knowledge-based academic qualifications and track records.

11. Health Books

side business ideas for nurses

It is easier to earn enough income from writing health books and make it a full-time job. What is the best way to write a health book that will benefit millions of people?

Focus on helping your readers solve a significant problem. There isn't a single type of health book that is certain to be a bestseller, but the more helpful the content, the higher the chances.

It's well-suited to health books with solutions distilled into discrete parts that work best when combined. Examples include "lifestyle" health books with different diets, exercises, and positive thinking sections.The more credibility you have, the higher your chances to be cognized as an authority.

Regarding the profitability of this business, here's how it generally works in the publishing industry: Any advances made to authors before publication are deducted from royalties.

An author selling 20,000 $25 books would earn roughly $65,000 based on the royalties related to a conventional book contract. They will continue to make money if their book continues to sell.

12. Hospice Service Business

Digital Stethoscope

As a competent nurse, your nursing knowledge can be well applied to start a Hospice service business known as palliative care. A hospice offers patients with short life expectancy with end-of-life care and a safe environment as they prepare to pass on.

Hospice service is a form of care reserved for terminally ill patients with a life expectancy of 6 months or so. Startup costs vary depending upon the type of hospice care you provide and which state your business is domicile.To start this business idea, you need to have a budget for regular staff training and traveling, which will guarantee that each of your patients enjoys optimum end-of-life care.Hospice care business owners are reimbursed by private insurance, Medicare, and Medicaid.

A smart move will be to research underserved segments and find a way to package your services to meet their needs. While thinking of ways to make the most profitable form your business, also invest effort into providing a secure and compassionate atmosphere for patients as they approach death within a caring environment.

13. Health Food Business

With an annual turnover of about $707 billion in 2016, according to Statista, the healthcare industry is a profitable sector to be, if you understand this business.A health food business is just like any food business with health consciousness, like a retail store, a restaurant, a bar, or packaged food of all kinds. However, starting a health food business from scratch will need good capital to buy the raw materials. In the beginning, your expenses will be higher than your income.

To be successful in this business, you must be patient and adapt to changing circumstances.The best way to start a healthy food business is to have a solid customer base. People who like to eat healthily will be your best customers, so ensure to situate your business near their office and home.

14. In-home Senior Care Service

Side business ideas for nurses

In-home senior care is a perfect service to meet the medical needs of affluent patients with personalized care.

The need for extreme in-home care grows as the baby boomers grow old and can't afford to visit the doctor's office.Senior home care is a recession-proof industry since people continue to age and require assistance. No formal degree or medical training is needed to start a senior home care business idea.

The four most essential talents are common sense, care or sympathy for older adults, honesty, and organizational skills.

A seasoned home care provider might make roughly $900 to $1000 per week based on national average rates for senior non-medical home care of $24 per hour. There are also "add-on" services, such as safeguarding visits, that can add even more to your income.

15. Intravenous Infusion/Hydration

Nurse side hustle Ideas

Intravenous infusion (IV infusion) is a medical term that refers to delivering medicines or other substances to the body through the veins.

Intravenous therapy is abbreviated as "IV," with "intra-" meaning "inside" or "within," and "venous" referring to the veins.

IV therapy is a method of delivering fluids into the body through the blood arteries, and it's one of the quickest ways to get medications or healthy nutrients in your body.

IV bags contain as safe and natural components as those found in a salad! But they are a mix of vitamins, electrolytes, antioxidants, and even medications.

What is IV Hydration Therapy? IV hydration therapy is a treatment method that delivers fluids directly into your bloodstream through a small IV inserted into your arm. The fluids included in the bag can be a mix of vitamins, electrolytes, antioxidants, and medication.

An intravenous (IV) hydration business could be your ticket to entrepreneurship if you enjoy dealing with people, enjoy health and wellbeing, and have a medical background. IV hydration, often known as IV therapy, allows you to earn a solid living while assisting individuals in achieving their health and fitness goals.

To be successful, you and your team must be professional healthcare providers/medical specialists who are well-trained and licensed to deliver IV drips securely. You should endeavor to have a legal structure and keep your finances separate from your business finances.

16. Lactation Consulting Business

In the lactation consulting business, pregnant women meet with certified healthcare providers called lactation consultants who are experts in the clinical management of breastfeeding, such as resolving breastfeeding issues and helping them understand the breastfeeding process.A lactation consultant can help nursing mothers and newly born babies with issues like sore nipples, milk supply, and breastfeeding positions. A lactation consultant works with hospitals and birthing centers or has private practices.

The IBCLCs: International Board of Lactation Consultant Examiners, certified lactation consultants; once you have met their criteria, you will be licensed to run your lactation consulting business.

A lactation consultant must be good at diagnosing breastfeeding problems, reviewing the baby's health history, weighing the baby, assessing and performing an oral exam.

17. Legal Nursing Consultants

Business Ideas for Nurses

A legal nurse consultant shows you have to prevent or resolve legal cases because of her extensive experience in both nursing and law. Nursing malpractice and other healthcare-related legal cases are handled by Legal Nurse Consultants in collaboration with attorneys.

Their job entails evaluating, analyzing, and delivering comments on the case and locating, organizing, and analyzing medical documents. To be a legal nurse consultant, you must be a Registered Nurse with at least five years of experience in the field, as specified by the American Association of Legal Nurse Consultants.

Independent consulting businesses, insurance corporations, and law firms could be legal nurse consultants. With the founding of the L.N.C. in 1989, the American Association of Legal Nurse Consultants (AALNC) was born. To the Bureau of Labor Statistics, the median annual wage for registered nurses in May 2020 was $75,330 per year, or $36.22 per hour (B.L.S.).

The hourly rate for a consulting expert ranges from $125 to $175, and legal nurse consultants with more experience might charge up to $200 per hour. Legal nurse consultants who testify fee between $250 and $400 per hour. The AALNC lists business and industry legal departments, governmental agencies, medical-surgical and critical care nursing, and patient safety organizations as suitable employment contexts for the L.N.C.

18. Massage Therapist

Foot Massager

Starting a massage therapy business entails more than simply registering with the state. You must create both short and long-term plans of action before launching a massage therapy business. These procedures will ensure that your new company is well-planned, well-documented, and compliant with the law

Massage treatment is likely one of the most cost-effective enterprises to start. You only require a quiet, manageable location with restrooms. Various factors, including location, determine success in the massage therapy business.Massage business is personal; therefore, define your ideal clientele based on your past experiences, and package your business to attract only individuals with whom you can do your best work.Choose how you want to promote your company to reach your target market.

It's critical to strike a healthy balance between focusing on injury recovery or stress alleviation and attracting new customers.

You must cultivate a loyal customer base by ensuring that your customers are satisfied and continue to promote them. You can be compensated directly by clients or through insurance policies regarding making money. Many massage therapists offer extra services like medical spas, hot stone treatments, and the use of essential oils.

Is it possible to make money in the massage industry?

Profitability can be determined by the rate of growth in the industry. According to industry experts, the average day spa owner earns $80,000 or more per year, with some earning far more. On average, a massage therapist earns roughly $45,000 per year in the United States. Physical therapists, for example, make around $60,000 per year, while medical assistants get around $35,000. So it's clear that massage therapists are in a great position to make a good living.

19. Medical App

1 in 5 Americans uses digital health products, including fitness trackers and apps. A report estimates that the mHealth apps market would be worth $149.3 Billion. It is projected that by 2028, at a Compound Annual Growth Rate (CAGR) of 17.7%.

Apps are top-rated now. Weekly average time spent on medical, health, and fitness apps is high and growing. Success in this Understands how to create a healthcare app before you begin. Creating a health app requires studying examples of the most popular and determining what features set them apart.

Lifestyle Tracking Apps are designed to analyze patient health and fitness. Fitness apps offer general and personalized coaching and guidance for people who want to be more physically active. Some apps also provide customized workout sessions, especially for people without access to a gym. Most old and new medical apps collect data in one way or another.

20. Medical Device Company

Medical Devices refers to any part or accessory meant for the diagnosis, treatment, mitigation, cure, monitoring, or prevention of disease, physical or mental condition, or abnormal physical and mental states or symptoms. It includes instruments, apparatus, diagnostics, reagents, implant diagnostic reagents, etc.

Medical device companies major in medical supply sales such as Cardiac Stents, Drug-Eluting Stents, Catheters, Intraocular Lenses, I.V. Cannulae, Bone Cement, Heart Valves, Scalp Vein Set, Orthopedic Implants, Internal Prosthetic Replacements, and many others fall into the medical supply market.The total investment required to launch a medical device company can range between $2 million and $5 million, from proof-of-concept to F.D.A. clearance. Based on the Assumption that the device pathway is restricted to a US-only launch for a simple Class 2 device with a 510(k) pathway.

Ways by which medical device companies make money include paying physicians more for product development (categories of payments such as royalties, licensing, and investment) and education, while pharma companies are paying more for speaking fees.

21. Mindfulness Coach

A mindfulness coach helps you save time with their medical expertise because they have extensive experience in working the mind, psychology, and how to use a holistic approach to heal emotional wounds.

At present, mindfulness is an essential and more popular idea. Patients with mental health concerns such as depression, anxiety, PTSD, personality disorders, and chronic stress are frequently referred to a mindfulness coach.If you're a mental health nurse and are good at helping people relax, put your skills to good use by starting a company that helps people become more centered, relaxed & attentive to what matters.

Alternatively, you might target your services at mental health specialists to assist them in helping their patients.Another popular trend right now is mindfulness applications.

If you're a techie, you might want to think about creating an app that encourages people to practice mindfulness and enhance their mental health through guided meditation, breathing exercises, calming sounds, and other techniques.Even though Mindfulness Coaches' earnings vary from one state to another, the average annual income for a Mindfulness Coach in the United States is $55,714 per year as of January 23, 2022. To simplify, that works out to about $26.79 per hour, and this works out to $1,071 a week or $4,643 per month.

22. Medical or Pharmaceutical Product Sales

Medicinal salespeople help their companies sell their pharmaceutical goods. They must persuade doctors that the pills, herbal medicine, therapies, and equipment they sell are the best fit for their patients' requirements.A significant pharmaceutical business may have a team of P.S.R.s responsible for all of the company's goods. A bachelor's degree is required for most pharmaceutical companies, and a Master's in Business Administration (M.B.A.) is a suitable option for medical supply sales vendors.

The National Association of Pharmaceutical Representatives offers certification as a Certified National Pharmaceutical Representative.Getting a college degree is a prerequisite that most pharmaceutical companies require. You'll discover the rules and regulations that dictate medical product sales, as well as the standards that govern the distribution of pharmaceuticals and treatments.A chapter of the Pharmaceutical Representative Association meets regularly in several metropolitan cities. You may learn about current events and news that you can use to network with other professionals.

If you can't discover any networking events, ask local physicians, pharmacies, and hospitals for the contact information for pharmaceutical salespeople who come to see them because this is a people's business - networking is curial if you want to earn big.The typical medical sales representative compensation in the pharmacy business is $158,818, with a base pay of $93,688 and a commission of $67,970.

23. Medical Scrubs Business

Scrub Top material

A scrub is what many medical professionals, such as doctors, nurses, and physical therapists, wear to perform some of their duties. Scrubs are constantly in need at clinics and hospitals; therefore, medical scrubs of all sizes are always in demand. Instead of starting a scrubs business in a typical retail setting, you may choose to start an online store for medical product sales or even dropshipping.

Do you know that Medical scrubs are a $10 billion industry? About 52 percent of scrub retailers earn more than $300,000 per year, with half earning more than $800,000 per year, indicating that the medical scrubs business viability is exceptionally significant—however, Low-profit margins. Your medical scrubs business's net profits usually are about 30%, making it more challenging to undertake new expenses while maintaining profitability. Staff turnover is high.

Employee churn rate is high (the proportion of employees who leave is usually high) in the medical scrubs industry, which can be costly and time-consuming for your company.However, if you treat them well, your business might become an outlier.

24. Nurse blogger

Business ideas for nurses

Health blogging is one of the most profitable business ideas, but you should probably reconsider if you're starting a blog only to make money.There has to be more to your motivation for starting your blog than just making money, such as sharing your nursing journey and teaching other nurses from your practice. What value are you delivering, what issues are you addressing, what needs or gaps are you filling?

I've discovered that practical, concrete, valuable blog posts such as brief but compelling patient tales, astonishing recoveries, or inspiring messages are valued and shared quite often in the nursing niche.What will make you stand out is the quality of your work, which starts with you writing content about something you care about and sharing insight that will help your target audience either solve a problem or achieve a goal.

As a health blogger, please understand your content is useless if nobody is reading it, so invest in tools like Surfer SEO and Grammarly in your content creation process. Ensure that your blog is also presented on social media. Make sure you use the same or highly similar handles across all of your social media platforms.

Choose the platforms that you can handle, OK – there are a lot of them – and keep in mind that a good post on one forum will not necessarily be excellent on another if copied and pasted. It would have been easy to share a one-size-fits-all approach to developing a successful online blogging and social media (SoMe) style, but there's none.

Many factors, such as industry and personality, come into play and how much money bloggers make. For example, Kim Kardashian once made over $400,000 for a single Instagram post, but on average, sponsored posts can pay anywhere from $100 to $25,000. I've never met a blogger who has made more than $25,000 in their career. If you're an Instagram influencer, you can earn anywhere between $50 and $50,000 for every post.

25. Nurse Freelancer

Nursing Side hustles

Rather than working as a direct employee, a freelance nurse delivers health care services to businesses on a contract basis. Freelance nurses are often hired to cover an employer's nursing staffing needs gap. As a freelance nurse, you'll be responsible for delivering patient care and keeping meticulous medical records.Nurse freelancers are hired for a set time before their contract expires. As a result, you can work as a consultant or self-employed independent contractor.

There are no startup costs because this opportunity is simply a step away from being employed. However, if you want to start a Nursing freelance platform similar to Fiverr for nursing, which is more profitable, you will have to invest some money upfront, but you will be guaranteed to make more money over time.Nurses who work as freelancers are self-employed and responsible for their careers and contracts. Choose a freelance job that fits your lifestyle, objectives, and personality.

In each field of employment, you undertake to set reasonable goals and expectations that require critical thinking.Create a business plan to help you organize your efforts and set quantifiable targets. Decide if you want to undertake freelance work part-time or full-time.Nurses that work as freelancers are not the same as those who work as staff nurses.

Nurses who work as freelancers pick their contracts and timetables. Nurses who work as freelancers earn an average of $240,000 per year. Salary trends for freelancers based on salaries.

26. Nurse Influencer

Side hustle nursing ideas

A nurse influencer is a person who leads a group of nurses with similar interests. They are nurses who can make a difference by demonstrating a commitment to a course such as learning, integrity, fun, and outstanding communication of ideas and information.

To stand out as a nurse influencer, you must be polarizing, bold, and engaging with your followers. You should also convey helpful knowledge and generate empowerment for your followers and yourself while effecting change. Nurse influencers are great at sharing their nursing school journey, educating the public, or sharing amusing and touching nurse memes or tales of their nursing journey that only other nurses can genuinely understand and enjoy.

Don't get caught up in the number of followers; just because you have a large number of followers doesn't mean they're active, so avoid acquiring fake followers. Sometimes an influencer with 4K Instagram followers (a micro-influencer) with an active follower and a clear niche can earn more than another influencer with a more extensive following which runs a general nursing account.

Brands want you to post ads that generate leads, raise awareness, or generate sales at a reasonable cost. The more results brands achieve, the more valuable your account becomes.However, bear in mind that the more ads you post, the less trust you gain, so focus on adding value to your followers while creatively monetizing your effort.

Is it possible to share posts on brands you love of your own volition? Yes, If you like a product/service and want to talk about it, go ahead, but keep in mind that you're essentially promoting that firm, and it will be perceived as such.

You can also approach brands you like to promote for a payment arrangement because you are deserving of a mutually beneficial partnership as a nursing influencer.The good news is that your startup costs are minimal; all you need is a phone, a laptop, internet, and money to create content.

Earning six figures as a nurse influencer is easy if you teach any or all of the following: nurses how to improve their professional lives, provide guidance on specific nurse/career topics, offer individual care advancement advice, provide nursing students/professionals with essential products and services, or provide education on college course curriculum.

27. Nurse Staffing Agency

jobs for nursing students near me

As the average life expectancy in the United States rises, so does the demand for nurses. Are you qualified to assist hospitals in hiring compassionate nurses to treat patients with dignity?

If so, you should think about starting a nurse staffing agency. Top medical facilities rely on the services of a nursing staffing agency to find and hire the high-quality nurses they require when they are needed.

When creating a nursing staffing firm, keep the following in mind: Save enough money to run your business for four to six months. Other financing methods might help you fund your business, but make sure you account for unanticipated challenges.Endeavor to develop genuine relationships with nurses, existing clients, and potential clients if you want to thrive in this line of work.

The government's criteria for staffing agencies differ from state to state. You may obtain a business license by applying to your city or county. Once you've registered, you'll get a tax I.D. number, which you'll use to pay business taxes and employee withholding.

The government's criteria for staffing agencies differ from state to state. You may obtain a business license by applying to your city or county. Once you've registered, you'll get a tax I.D. number, which you'll use to pay business taxes and employee withholding.

Since you'll be the point of contact for nurses and potential customers, you'll want to make sure you do a background check and drug test. Also, ensure that you get insurance to protect yourself and your business.

28. Nutritionist

Profitable nursing businesses

Among all the nurse entrepreneur business ideas, a Nutritionist is one of the best because both the sick and healthy need it; one needs it to become healthy and the other to prevent sickness.

Nutritionist businesses are critical to the community's health since they assist many people in overcoming obesity, gaining muscle, and living a healthy lifestyle.Nutritionists are mostly nurse practitioners who help patients with nutrition issues to quick recovery and help them improve their wellbeing.

A nutritionist business charges clients to analyze their body chemistry and dietary intake. A nutritionist's company can make anywhere from $20,000 to six figures per year. Consider providing nutritionist services online through video chats or referring clients to other health professionals.

29. Online Course Business

Nurse Side Hustles

Creating helpful educational health courses is a viable business, as online learning is at an all-time high.

In-depth knowledge of any specialized aspects of health-conscious solutions can be packaged as an online course business. You also offer classes to a close group where people with similar needs will log in to learn, unlearn and relearn new healthy tips and ask you questions.

According to Global Industry Analysts, the global market for online education is forecasted to reach $457.8 billion by 2026. Thousands of individuals and organizations have started using online learning platforms to develop online courses. Selling online courses is a key business strategy and source of revenue for many consultants.

To build a successful online course company, you must understand that it won't happen quickly. You'll have to put in a lot of effort before and after creating your course. There is a proven route for you to follow since others have done it before you.

The industry for creating and selling online courses is increasing worldwide. As an online educator, you may earn anywhere from a few hundred dollars to six figures per year, depending on your effort into the quality of your content and marketing.

30. Online Fitness Nurse

profitable nursing businesses

An online fitness coach is a person who provides virtual classes, personal training sessions, printable guides, coaching, and motivation for people to improve their fitness.

As an online fitness coach, your job is to provide personalized training, coach clients through a workout program, and help them set realistic fitness goals and lifestyle habits.Becoming an online fitness coach gives you the convenience and flexibility of working out at home. Being a fitness coach also gives you different coaching options that your clients can use any time they want.

Learning how to start a business as an online fitness coach might require that you get a mentor to help you learn how to start an online fitness coaching business if you need it.

Becoming a highly sought-after fitness coach requires that you have qualifications that demonstrate and position you as an expert in your field; this could be teacher training credentials, a full degree in exercise science, or a nurse practitioner.

The global online fitness coaching industry is expected to reach a market value of over $52 billion by 2027. The national average income for an Online Fitness Coach is about $44,048 in the United States.

31. Patient Care Consulting Business

profitable nursing businesses

Healthcare consultants are experts in healthcare law, regulations, and policies. They help medical organizations and hospitals run their businesses efficiently and effectively.

Being a healthcare consultant is a highly-regarded profession that requires a certain level of education and expertise. The average salary ranges between $91K and $131K. Working as a healthcare consultant for a business with other consultants is one option.

Small local companies that focus only on healthcare and large international organizations that provide advisory services to various industries, including healthcare.

All healthcare consultants have the same goal: to work with customers to solve problems and achieve their objectives quickly, effectively, and professionally.

There is no correct or incorrect way to become a healthcare consultant. You can gain field experience while expanding your knowledge and professional network. Fine-tune your abilities regularly and keep current on industry trends. You can educate various client types on how to improve their operations and streamline company processes and strategies.

32. Nurse Public speaker

self employment ideas for nurses

Some might assume that nurse practitioners should only treat their patients with injections and other forms of medicine, but that is far from the truth; they can help a whole group of people in public events with helpful information. These are public speaking nurses.

Nursing is more than bedpans and injections, and it is also about using words to heal people who are going through emotional trauma. Nothing qualifies you to speak as a specialized care provider than your wealth of experience.Your words can save lives; even more importantly, your words can inspire people to live a healthy, proactive life and prevent sickness.

Patient teaching includes motivational and persuasive speaking. Becoming a public speaking nurse made it possible to lecture in other countries. The love of speaking and persuasive and motivational speech continue to be important concepts to the world.

There are countless stories of patients who survived near-death experiences and critical surgeries because they kept listening to spoken words, whether religious or motivational. Patience Psychology is vital because it determines recovery; the patients are encouraged to fight and live for a purpose through spoken words.

You can combine your nursing training with public speaking, lectures, persuasive speeches, and motivational speaking to teach nurses from your practice and experience how to be better at their work and patience to a quick recovery.

If you are tired of your nursing work for whatever reason, but you are gifted with words, you might want to give speaking a shot. Annual earnings as a Public Speaker can range from $44,500 to $289,000 or more.

33. Private Nurse Service

Nursing Side business ideas

A private duty nurse is a registered nurse who provides one-on-one, long-term care to patients in their homes. They attend to a patient's basic daily needs and assist with chronic health issues. Private duty nurses strive to assist patients in their homes and living happy, healthy, and fulfilling lives.

One of the most spectacular ways to earn money as a nurse is to create a private nursing service. It is reasonably straightforward, involves low startup capital, and is one of the most remarkable ways to make money as a nurse.

There are around 403,589 registered and licensed (accredited) home care providers. Between 2011 and 2016, the sector increased at a 4.5 percent yearly rate. A private duty nursing service's target market is not limited to any age range, race, tribe, or group of people.

Are you wondering if private nursing is competitive; yes, just like others, you will compete with others no matter what line of business you choose to pitch your tent in; this is why you need a competitive advantage.Starting your own private duty nursing business may net you a million dollars in two or more years, with the Home Care Providers market raking in $89 billion yearly.

As of February 2022, the average salary for a private duty nurse in the United States is $24.13 per hour, with an additional $7,500 in overtime per year.

34. Respite Care Service

profitable business ideas for nurses

Respite care gives primary caregivers with short-term relief. It can occur in a single afternoon or over several days or weeks.

You can deliver care in various settings, including the home, healthcare institution, or adult day center for respite care.

As a specialized respite care provider, you are the one family caregivers turn to when they need to take a break from caring for a loved one; they look for respite care — someone to temporarily look after their sick relative. Unlike hospice service, which has more to do with end-of-life care, respite care only requires a simple treatment process and a caring heart for the sick.

You don't necessarily need to have a nursing degree or be a certified healthcare worker to provide respite care. You can lawfully offer home health care if you become a registered nurse or certified nursing assistant. You could choose to buy or rent a bigger house, a former hotel, or something similar expressly for your business.

Caregiver: Make sure your group home or respite care facility complies with all applicable requirements. An inspection by a municipal licensing or public health body may be necessary.

Create a caregiving contract and agreement that spells out the services you're allowed to offer legally. Top earners make $15 per hour and $31,000 per year, while those in the 25th percentile earn $10 and $21,000 per year.

35. Supplements Company

The sale of supplements is how a supplement company gets the money. Customers can buy products directly from manufacturers, wholesalers, or retailers.

Vitamins and minerals are necessary for your body's proper development and function. While most individuals get all of the nutrients they need from a healthy diet, some require a little extra help, and supplements help them stay healthy by giving their body the support it requires.

The supplement industry is a medical supply market growing at a steady 4.5 percent each year. A supplement company may be founded for less than $10,000.

Starting a supplement company entails more than just filing papers with the state; it also requires a well-planned, legally compliant registration with the government.

A supplement company's revenue is generated from the selling of supplement items. The cost of supplements ranges from a few dollars to more than $100.A supplement business's target market is everyone who would benefit from a supplement.

With a total of $10,000, business owners can place more outstanding initial orders. How a supplement firm makes money per product sold is governed by how the product is presented.

Companies that sell directly to clients should aim for a 10% to 40% profit margin, and those who sell through distributors make about 5 to 15% profit.Creating more supplement goods helps many supplement firms increase their sales and profits.

36. Telehealth Business

Telehealth nursing provides care via technology, such as smartphones, tablets, and laptops, from a distance. More than just computerized appointment reminders and confirmations, advanced telehealth is a method to provide genuine healthcare aid and support without stepping into the doctor's office regardless of the distance.

The telemedicine market will be worth about 175.5 billion U.S. dollars in 2026. and a recent poll showed that 76% of people are interested in telehealth services. Data Breach predicts the telehealth industry will continue to grow within the next years at a CAGR of 22.67%.

Synchronous telehealth technologies support a two-way video link between patients and healthcare professionals. Asynchronous telemedicine programs send a patient's medical history to a healthcare provider.The primary groups interested in telemedicine solutions are startups and healthcare company owners. In both circumstances, you'll require a dependable business plan.

A business model provides a concise representation of your company's worth, and it is yet another element that will assist you in establishing a telehealth business.

37. Therapy Business

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Psychotherapy, often known as talk therapy, is a treatment option for persons suffering from many mental diseases and emotional problems.Psychotherapy can help a person perform better, promote wellbeing, and heal by removing or controlling troublesome symptoms. Types of Therapy include psychodynamic. Behavioral. C.B.T. humanistic. And choosing.

With over $120k changing hands in the therapy business per year, it's not a bad idea to step into this business arena If you are currently licensed in your state. Even if you're new to the field of therapy and want to learn how to become a therapist, I will encourage you to give it your best shot by establishing a small private practice.

However, you will still have to do your research to understand what it takes to be a successful therapy business.Private practice necessitates a high level of business acumen. It introduces a slew of additional duties, such as an in-depth insight into human psychology, the treatment process, and how to bring the best out of people.

The startup cost is within the range of $70,000 to more than $100,000, including rent, insurance, wages, and living expenses for the first few months; you'll most likely need to produce a thorough business plan.

A business plan will help you determine whether your goals are attainable when you intend to achieve significant milestones. You may save money and time by hiring an administrative assistant. It's possible that joining insurance provider panels can help you get more patients or clients.

You will be able to collect payments directly from insurers if you enter a provider panel. Writing blog entries and web articles are two more cost-effective marketing tactics.

You can also attend seminars, where you may network with other therapists, which are a great approach to advertise your practice.

According to ZipRecruiter, prescriptive therapists in private practice in the United States earn between $50k and $300k per year.

Although your earnings will vary depending on the hours you work, your location, and the cost of living, earning a six-figure salary is possible while running a solo practice.

Bonus Business Ideas For Nurses

Wellness Coach Business

Individuals who want to enhance their health and wellbeing can engage with a one-on-one health and wellness coach.

A wellness coach helps clients overcome difficulties and maintain healthy habits for life by applying concepts from psychology, behavior change, and life coaching, motivating them to achieve their personal or professional objectives, and assisting them in stress management through holistic methods.

So what do wellness coaches earn? An average of $56,000 per year, according to Glassdoor, this healthcare industry sector has an annual turnover of about $90.6k. A health coach or wellness coach specializing in a particular market or positioning themselves as a high-end provider will likely earn more.

The Certified Health and Wellness Coach Certification is for those with at least a year of experience in coaching. To become a certified health coach, you must first earn a CHWC. There are many online training courses that you can take to learn how to become a health coach.

Wellbeing and health Individual coaching sessions cost differently depending on the coach's location and experience.

Coaches typically charge $50 to $75 per session when they first start, but as they gain experience, their charges change to $100 to $250 per session.

General Tips

Starting a nursing business is like building a house on land that has already been cleared. You have to take care of the existing problems first, and then you have to be willing to give it whatever it takes. 

There's more to launching a business than filing paperwork with the government.

Sole proprietorship: One person runs and owns this type of business.

Limited Liability Company - The U.S. Small Business Administration offers information on developing business plans. Consult a qualified public accountant for assistance in determining the sort of service you require. 

Consider this: If you pursue your passion, you want to get compensated for your efforts. After you've finished providing services, create invoices so you can keep track of your payments for tax purposes. 

Consult a financial advisor or a C.P.A., or seek guidance from the National Foundation for Credit Counseling.

Consider renting space and creating a productive work environment if you plan to start a business from home.The skills needed to grow any business, including any nursing outfit, are strong business acumen, good customer relations, communication skills, technical know-how of the local regulations, to mention a few.

Conclusion

Nursing business is a meaningful, fulfilling, and profitable career for nurse entrepreneurs. Many nurses are looking for new business opportunities, and I have shared some excellent new nursing business opportunities in this article.

Once you have decided on a business opportunity, it will be helpful for you to focus on it. Once you have identified your market, look for ways to meet the needs of the people in your market. For example, if you are a registered nurse passionate about helping patients recover, you can work as a private nurse.

To join the league of successful nurse entrepreneurs in the health and wellness industry, you must develop your expertise and seek ways to continue to give the best to your customers and partners because that's the surest way to stay in business for long and have profitability.

Which of these exciting business ideas for nurses are you looking to go into, share in the comment below. Send me a message if you need guidance in starting any of these business options.If you are a business looking to support nurses in starting any of these businesses, send me a message to partner to help our nurses. Until we meet again, Adios!

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