In the planning stages of starting an occupational therapy private practice or any business really, a SWOT Analysis can help you develop a good awareness of yourself as an entrepreneur, your market, and your client’s needs. What is SWOT? SWOT is an analytical framework that is used to evaluate your business’s competitive position for strategic … Read more
Occupational therapists fall under the covered entity designation for HIPAA when they render services with their clients. As advances in technology continue and occupational therapy moves into the virtual space, it is important to be compliant with the latest laws, such as HIPAA. Covered entities under HIPAA are individuals or entities that transmit protected health … Read more
If you have a private practice in occupational therapy (or physical/speech therapy), you may need to expand and hire additional staff. Perhaps you may also need to hire another therapist, someone at the front desk, or someone for billing. Should you hire a friend that you know – someone you went to school with or … Read more
This guide does not offer a substitute for professional legal or tax advice. If you have questions about your tax liability or concerns about compliance, please consult your qualified legal, tax, or accounting professional. Should you start an Etsy shop? Statistics Etsy’s annual revenue in 2019: 818.79m USD Etsy’s annual marketplace revenue in 2019: … Read more
Introduction No matter what your business ideas or plans are, the most important thing is to take action. According to the AJOT article, “Wanted: Entrepreneurs in Occupational Therapy“, entrepreneurship in occupational therapy takes on many forms. OT Small Business Types When most people think of starting a small business in occupational therapy, they are likely … Read more
Introduction Gone are the OT school days of using Google Image search, finding an image you like, saving it, and placing it on your presentations and posters. Stealing images is one thing, but even worse are when images that used without permission have a large watermark clearly visible. Images, much like music, are subject to … Read more
Background Some really cool stuff has come out of the COVID-19 pandemic. In our earlier blog post, we mentioned 5 profound items that were invented in the Great Depression and why we need OT entrepreneurs. There is never a great time to start a small business or develop your idea than now. This post outlines … Read more