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Tips for Running a Successful Midwifery Practice

Business Tips for Running a Successful Midwifery Practice

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INSTRUCTIONS, COPYRIGHT, & DISCLAIMER

Getting Past Barriers of Just Getting Started

Importance of Business & Financial Knowledge to the Future of Midwifery (32:28)
Myths with Running a Midwifery Business (41:25)
Biggest Mistakes Made by Business Owners
Benefits of Being a Business Owner

Key Traits of Successful Midwifery Business Owners

Psychology and Skills of Exceptional Leaders (15:11)
Time Management (17:08)
Abundance Mindset
Value of Being a Continual Learner (15:18)
Creating a Vision Board (28:42)
Creating Your Mastermind Team (29:56)
Resilience and Adaptability (17:31)
Knowing When to Outsource to Experts (21:01)
Self Care is Being Self Aware (29:54)
Preventing & Recovering from Midwifery Burnout (22:18)

Creating a Strong Start to Your Practice

Tips for Running a Successful Midwifery Practice
Financial Freedom is Possible for Any Midwife (41:01)
Business Entity Types (15:16)
Making a Business Plan (25:39)
Creating an Executive Summary (22:03)
Finding Funding to Start Your Dream Practice (12:14)

Essential Midwifery Practice Tips for Being Successful

Creating Accurate Fee Schedules (38:55)
Ways to Get Paid for Midwifery Care (13:34)
Branding Your Business (34:42)
Marketing Tips (42:29)
Benefits of Adding Ancillary Services to a Midwifery Practice (30:35)
Benefits of Owning a Building With Your Midwifery Practice (28:52)

Staffing Strategies For Success

Hiring, Training, and Firing Staff (23:40)
New Hire Paperwork
Independent Contractors Versus Employees (22:34)
Benefits of Hiring Your Kids For Your Business (8:32)

Business Implementation Breakdown

Bookkeeping & Accounting Tips (27:34)
Common Tax Deductions for Midwifery Businesses (44:48)
Massive Tax Savings Strategies
Financial Planning Tips (38:09)
How to Take Your Practice to the Next Level (37:16)
Creating Autonomy and Access to Midwifery Care through Business Ownership (37:20)

Insurance Coverage Needs for All Midwives

Life Insurance (25:13)
Disability Insurance (14:14)
Business Liability Insurance (8:23)
Malpractice Insurance (29:52)

Midwifery Risk Reduction Tactics

Legal Defense Tips for Midwives (36:54)
Medical Charting & Documentation Tips (42:57)
Patient Complaints & Lawsuits (27:09)
Team Based Care Approach (34:46)
Collaborating Relationships (24:27)

Exit Strategy Consideration from Day One

Adding and Removing Business Partners
Business Operating Agreements (13:08)
Retirement Planning (14:56)
Selling Your Birth Center or Midwifery Practice (66:07)

Conclusion

Key Points to Take Away
Recommended Resources
Business Support Tools and Templates
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