As the demand for aesthetic services continues to rise, this industry has become more competitive than ever before. With an increasing number of individuals seeking aesthetic treatments, it's no surprise that many medical professionals are considering the prospect of opening their very own aesthetic businesses.

The desire to empower individuals to enhance their appearance and boost their self-assurance has set off a wave of entrepreneurial drive within the aesthetic field. If you are one of those individuals with a strong interest in becoming an aesthetic doctor and beginning a business in the aesthetic field, here are 4 important tips to gain success in this thriving industry.

Step 1: Obtaining a KKM LCP (Letter of Credentialing and Privileging) Certification

The first step on how to become an aesthetic doctor in Malaysia and open your own private practice is through acquiring a KKM LCP Certification. This certification serves as the official license that grants you the legal authority to practice aesthetic medicine. How do I get KKM LCP Certification? The only way for you to obtain this certificate is through passing the LCP exam. What is the LCP exam? It is an official exam administered by the Main Credentialing and Privileging Committee of Aesthetic Medical Practice, Ministry of Health Malaysia to assess your proficiency in the domain of aesthetic medicine.

The result will be used to rule out whether you are qualified or not to be an aesthetic doctor. It is important to bear in mind that practicing aesthetic medicine without first passing this exam and acquiring the KKM LCP is against KKM’s guidelines.

You might be wondering; how do I pass the LCP exam and get the LCP? If you want to excel in the exam, you just need to stay alert with industry trends and enroll yourself in aesthetic medical courses that are available in Malaysia. These courses provide invaluable insights, enhancing your aesthetic knowledge and offering a comprehensive grasp of the field.

Step 2: Preparing for the Business Setup and Plan

Once you have gotten your KKM LCP, you can proceed with preparing the business setup. A business setup, also known as a business establishment or formation, refers to the process of creating and structuring a new business entity. It involves various legal, financial, operational, and administrative steps to bring a business concept into reality. This procedure demands careful consideration and might appear intricate, but with the correct steps in place, it is achievable.

A carefully curated business setup and plan can affect your aesthetic business positively in the long run. It is a sign that you have done your research and studied the market well. It is also an indicator that you are fully aware of your own business potential and risks. There are a lot of other reasons why you should come up with a proper business setup and plan; some of them are:

• Legal compliance - Like all healthcare establishments, aesthetic clinics must comply with certain rules and license requirements. A well-designed company structure guarantees that the clinic conforms to all legal and regulatory requirements established by health authorities.
• Funding and Investment - A well-documented business setup with a clear business plan is more likely to attract investors and secure financing.
  
  
• Operational Efficiency - A structured setup defines the clinic's operations, staff roles, and responsibilities, streamlining day-to-day processes. This guarantees effectiveness and a seamless process, which eventually improves patient care.
  
  
• Patient trust - Patients are more likely to trust a clinic that has a formal business setup, as it signifies commitment, stability, and professionalism. This trust can lead to better patient retention and word-of-mouth referrals.

Step 3: Registering Your Aesthetic Business and Practice

Registering your business and aesthetic practice involves the formal process of legally establishing your clinic and healthcare facility to operate within the relevant regulatory framework. This typically includes registering the business entity, obtaining the necessary licenses and permits, and ensuring compliance with local, state, and federal regulations.

In Malaysia, registering your business is a prerequisite to opening an aesthetic clinic. Procedures in aesthetic medicine can only be carried out in licenced premises by certified healthcare providers who hold current letters of credentialing and privileging (LCP).

To begin the process, the first step involves completing an official application form and submitting the required documentation to apply for a license from the Malaysian Ministry of Health. Once your application is reviewed and approved, the ministry will appoint a health inspector to conduct an inspection of your facility to ensure it complies with safety standards necessary for operating a medical business.

Following the successful inspection, the ministry will issue an official permit, allowing you to legally operate your aesthetic clinic in Malaysia. It is important to take note that In order to run your aesthetic practice legally and give your patients safe, high-quality care, you must adhere to the relevant legal procedures.

Step 4: Signing Up for structured education and training in the field of Aesthetic Medicine

This is important as the field itself keeps evolving from time to time. To keep up with the latest technological advancements, discoveries, research, and updates, you must register for aesthetic medicine courses that are available in Malaysia. There are a lot of courses you can take to enhance your knowledge and skills, these include; Botox Courses in Malaysia, Dermal Filler Courses in Malaysia, Thread Lift Courses in Malaysia, PRP Courses in Malaysia, Stem Cell Training in Malaysia, and many more.

The courses are usually offered by aesthetic training centres like the International Institute of Wellness and Aesthetic Medicine (IIWAM) and others. Aesthetic training centre like IIWAM play a crucial role in assisting people with aspirations to be aesthetic doctors and start their own private practice.

Conclusion

Beginning a business in the aesthetic field of Malaysia requires you to have certain credentials and follow proper legal ways to set up your business. You have to get your license to practice aesthetic medicine, a permit for your premises, and even the authorization to run your aesthetic business on that premise.

If you feel like you need guidance from seasoned practitioners with vast experience as an aesthetic doctor and entrepreneur, you are always welcome to the International Institute of Wellness and Aesthetic Medicine (IIWAM). At IIWAM, we aim to help future aestheticians in everything, from preparing for the LCP exam, providing training on the latest techniques in aesthetic medicine, and assisting in shaping skilled aestheticians that can do business and provide aesthetic services to more people. We are committed to helping those who are dedicated to making changes in the world of aesthetic medicine.

About the International Institute of Wellness & Aesthetic Medicine (IIWAM)

The International Institute of Wellness & Aesthetic Medicine (IIWAM) (https://www.iiwam.ac/education) is a renowned training institute focused on providing comprehensive courses and support to healthcare professionals, including dentists, who wish to transition into the field of aesthetic medicine. IIWAM is recognized for its expertise in imparting in-depth industry knowledge right from the beginning. Prof. Dr. Morthy, an accomplished aesthetic medicine specialist with a proven track record of instructing and training aesthetic courses in Malaysia and other nations, founded and oversees this institution. He has delivered lectures and provided training to numerous healthcare professionals in the UCSI Masters Aesthetic Medical Course, the MAHSA Academy of Aesthetic Medicine, and the MAC Aesthetic Course. He also serves as one of the instructors at IIWAM.