Are you a nurse and searching for profitable business ideas? Do you want to become a nurse entrepreneur? Find here top 25 most legitimate nursing business ideas you can start with low investment.
Broadly, Healthcare industry offers a wide range of business opportunities for the entrepreneurs. And when you are a certified nurse, you can consider starting your own venture also. Additionally, there are several opportunities that you can start even from your home.
However, starting a business takes a lot. There are several internal and external aspects that can affect the success and overall profitability of your business. Therefore, you must be careful in taking a decision of starting your own business in the nursing-related industry.
5 Important Considerations before You Start Nursing Related Business
- First of all, you must consider your area of expertise. When you are starting your own business, this is important you operate the business within your confidence.
- Study the market first. The product you are offering that must have potential demand in the market. Here you also need to identify your target demographics.
- In addition, check the local licensing aspects carefully. Any business as such in the healthcare industry demands specific licensing and compliances.
- Furthermore, craft a business plan carefully. It is the must. Consider your investment capacity. Craft a detailed financial plan with expected ROI. Additionally, have a marketing plan. No business can survive without promotion.
- Finally, you must have an attitude of serving people. This is the primary aspect that you need to consider carefully. Do you feel happy when you help to survive others? Check it.
List Of 25 Business Ideas For Aspiring Nursing Entrepreneurs
#1. Blood Bank
Establishing a blood bank is a profitable and self-rewarding business too. However, the business demands substantial capital investment. Additionally, you must obtain different licenses and permissions from the Govt. authority.
#2. Career Advisor
This is a very wise profession. You can become a career advisor for the individuals who are looking for advice in the healthcare career opportunities. You can start and operate this business as part-time and home-based also. However, you must have adequate knowledge, skill, and experience in starting this business.
#3. Child Care Center or Creche
This is a booming business in the both developed and developing countries. As the number of working women is increasing, the demand for this type of services is also growing. Generally, a child care center or creche keep the babies and children for the certain duration of time. They provide the necessary care to the children in exchange of monthly or daily fees.
#4. Diagnostic Center
An individual having experience in laboratory science can initiate diagnostic center business with substantial capital investment. Diagnostic center with pathology is one of the most profitable businesses in medical and pharma industry. Having education background on microbiology is a plus but this is not mandatory. Read More…
#5. Dietitian / Diet Planner
Are you a certified dietitian? You can start a business from home as diet planner. And also have tie-ups with fitness centers or gym. Additionally, you can also operate the business from a commercial office of your own.
Generally, an esthetician is a licensed skin specialist. Broadly, the services include clean skin through skin exfoliation, massage, aromatherapy, and facials. The demand for this type of services is increasing very fast. You can start the business of your home. Otherwise, you can have a tie-up with salon, spa or beauty clinics.
#7. Fertility Clinic
This is an another booming business worldwide. Due to the environmental changes and changing lifestyle, people are suffering more and more from fertility problems. Therefore, starting a fertility clinic business in the best opportunity in the nursing and healthcare industry.
#8. Health Blogging
This is the best online nursing related business you can start from home. Just set up a blog and share your knowledge and experience to your readers for free. You can maintain a blog even as part-time also. You can earn handsome advertising revenue from your blog.
#9. Herbal Medicine Selling
Nowadays, the demand for herbal medicine is increasing rapidly. People are becoming more and more health conscious. And the awareness of harmful aspects of medicines is increasing. You can start the herbal medicine selling business by two ways. You can start from a retail brick and mortar location. Otherwise, you can start online selling.
#10. In-house Nursing Service
Here your customers are the people who can’t leave their house and look for nursing service at their home. Generally, moms, senior persons and the accident survivors are the target demographics of this business. However, you can offer services as per your area of expertise and skill.
#11. Lactation Consultant
A lactation consultant is an allied health professional who specializes in the clinical management of breastfeeding. Lactation consultants commonly work in hospitals, physician or midwife practices, public health programs, and private practice. They are certified through the International Board of Lactation Consultant Examiners (IBLCE).
#12. Life Care Planner
In this specialized subset of case management, Nurse Life Care Planners create healthcare roadmaps. These nurses help patients who have suffered catastrophic injuries and illnesses, advocate for them, and plan out their care. Nurse Life Care Planners work with a patient’s family, insurance company, attorneys, and others to develop a life care plan, determining the future needs, services, and costs of care for the patient over their lifetime.
#13. Maternity Clinic
A maternity hospital, also lying-in hospital (archaic), is a hospital that specializes in caring for women while they are pregnant and during childbirth. Maternity hospitals also provide care for newborn infants and may act as centers for clinical training in midwifery and obstetrics. However, the business demands substantial startup capital investment.
#14. Medical Equipment Selling
This is an another very lucrative business. This type of business includes a wide range of products. In addition, you can start this business by two ways. However, according to your investment capacity, you must determine the exact business model. You can start medical equipment selling from a retail location or you can start online selling.
#15. Medical Representative
Medical representatives are the key point of contact between pharmaceutical and medical companies and health care professionals, promoting product awareness, answering queries, providing advice and introducing new products. Revenue-wise the business is highly lucrative.
#16. Medical Store
Medical store business opportunity is perfect for those who are a chemist or has years of experience as a pharmacist. In this business, there are so many types of commercial options available apart from only medicine selling. One can start medical store business with extra value addition services like a doctor’s chamber, some test facilities like blood pressure, oxygen supply etc. Read More…
#17. Mobile Health Service
This is also a booming business nowadays. People with their busy schedules prefer to have some basic services at their doorsteps. If you can arrange the vehicle for mobility, you can consider starting this business from your home also. However, the business demands strategic planning and moderate capital investment.
#18. Nephrology Nurse
Nephrology Nursing aims to work in partnership with people who have the renal disease to optimize their health and that of their families and communities. Renal disease is a chronic illness often irreversible condition arising from many causes and frequently progresses to end-stage renal disease that requires dialysis or transplantation to sustain life.
#19. Nursing Training
If you are a certified and experienced nurse, this business is just perfect for you. Nursing training institute is a profitable and self-rewarding business as well. However, the business demands specific affiliations and licensing.
#20. Nutrition Consultant
The Nutrition Consultant Training Program provides students with an in-depth knowledge of the foundations of whole food nutrition as it contributes to the prevention of illness and the promotion of optimal health. In the program, students study the fundamentals of nutrition: physiology, anatomy, macro and micronutrient selection, and the effects of foods on the body.
#21. Private Nursing Service
Private nursing service is relatively easy to start. Additionally, it requires moderate startup capital. And it is indeed one of the coolest ways to make money as a nurse especially if you are starting the business in The United States, Canada, and Europe or in Australia.
#22. Senior Caring
Basically, this is a niche category under the private nursing service. Here, you only offer your service to the senior citizens who look for this type of special services. In starting this business, you must have specific certifications and licenses. In addition, you can operate the business from home even as the part-time basis.
#23. Telenursing Agency
The demand for the telenursing services in increasing nowadays. And as per the net profit earnings, this business is highly lucrative. Telephone triage is the practice of conducting a telephone interview to assess the urgency and severity of the patient’s symptoms.The outcome of telephone triage is the appropriate patient referral to the appropriate level of care within an appropriate period of time.
#24. Wellness Nurse
Wellness nurses are responsible for accommodating patients’ preferences, and for improving the health of patients as much as possible through diet, exercise, medication and physical therapy. Additionally, you can start this business from your home or from a commercial space.
#25. Wound Care Nurse
This type of nurses specialize in the proper management of wound care by treating and monitoring wounds that are the result of disease, injury, or medical treatments. Generally, the majority of the positions for this type of nurse are in nursing homes or hospitals.
Apart from this list of 25 nursing business ideas, there are several opportunities you may find feasible. We hope, this list of nursing business ideas will help you in starting your own business in the healthcare industry.