What is involved in starting a psychology business?

Answer by  Liz59 (10966)

In starting a psychology business, you must have professionals working with you that have their Phd. in psychology. Also, you need to have a license to open up a business or clinic or whatever it is you plan to do. Then you must also buy the necessary equipment that is needed.

Answer by  mlucas (515)

As with any business the first step is Market Research. What type of psychology business do you want to run? Then you must figure out the costs of starting and running this business. Once this is done you must find out the average price for the service in your market!

Answer by  Liz59 (10966)

Well, depending on the type of business you are geared towards, you'll have to get a business license. Then, if you are opening a clinic, you will need to hire the right staff. You will have to hire those that have received a higher education in psychology. Perhaps, someone with a PHD.

Answer by  patti (29325)

If you mean a professional practice of psychologists, research LLCs. Create a detailed business plan. This will require you to consider all aspects of the business, from licensing, insurance, rent, staffing, marketing, networking, advertising, etc.

Answer by  andrajie (12)

Usually in business psychology, we will be dealing directly with clients that require problem solving disturbing thoughts or mental disorders psikology. Because it must involve health factors about understanding client problems, self-confidence of clients, a comfortable environment, medication, therapy , and also special services that have positive impacts client's psychological conditions.

Answer by  flamiss22 (5081)

You first have to be degreed and anyone who will be working for you have to have their credentials. You will then need all the licenses required and a comfortable soothing office in a nice neighborhood. You may want to advertise in the appropriate avenues and start by offering a nice discount or coupons with a percentage off.

Answer by  kperegrine (102)

This depends on the type of business.. Licensing is involved if you would like to do testing. If you want to do research, look for grants for funding.

Answer by  Amom (701)

First Psychology is a medical profession not a business. You'll need a medical degree and state license to practice. Then you'll need to write a business plan.

Answer by  hecarlso (196)

You must be licensed in the state in which you are practing. You will need to find an office and get a tax id number.