ANSWERS: 1
  • Medical equipment refers to the machines used in diagnosing and curing diseases. Considering their impact on human life, manufacture and supply of these products are governed by strict rules and safety standards. Starting a medical equipment supply business is similar to starting any other business. Starting a home-based business involves working out additional issues including space and balancing work with personal life. The most important point step here is to check out the regulations for home businesses. Conduct a market survey to determine the number of existing home medical equipment supply businesses. If possible, talk to them to find how satisfied they are with it and strategies they use to promote their business. Often, already established businesses are up for sale. See if someone is willing to sell his/her home based medical equipment supply business. This way you will get an up and running business and save on establishing it from scratch. Identify the equipment you intend to supply. Study local hospitals and other medical facilities to identify equipment that might be in short supply. Meeting such a demand or supplying consistently used products will be profitable. Assess how much you can invest in the business. Typically, a medical equipment supply requires an inventory. If you plan to stick to your full-time job and start the home business as a part-time venture, then opt for simpler easy to supply products. Determine if you need a special business license to run this business. Usually, a certification is not required to supply equipment. Laws vary from state to state. So be sure about laws of the state in which you want to operate.

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