Best way to remove a fibrous papule that will prevent regrowth and scarring?

I have a fibrous papule on the side of my nose and I've had it for years. I went to the family doctor to get it checked and she said it's a benign papule. I heard that people do shave excisions, electrocautery, or laser. Which method is the best and will minimize the chance of regrowth and scarring? I heard electrocautery requires 1-3 treatments which is something that my bank account wouldn't be able to handle. Thanks!