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S04 Episode 03: Should I Start A Business

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Manage episode 361643705 series 3005941
Inhalt bereitgestellt von Alisha M. Pennington MS ATC. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Alisha M. Pennington MS ATC oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

In this episode, we discuss the various business entity types and which might be best for you.

What are the risks of continuing to operate as a self-employed person versus a business owner? With that information, you can decide on an appropriate next step for your self-employed work, based on an analysis of your individual situation.

Unfortunately, there's not a general standard for whether or not it's best to become a business. Ultimately, it's a complex decision and individualized to each person.

However, I firmly believe all healthcare-related operations should be run through a business. With the prevalence of self-employed work in the profession, coupled with how litigious our society is, in my opinion, there is absolutely no reason why conducting your work under a business isn't happening. As athletic trainers, we are exposing ourselves to unnecessary risk when we have not established ourselves as a business, and the cost to do so is minimal.

There are many motivations for starting your own business, but regardless of what your motivation is, we can successfully pursue business ownership. The way that our brains are wired as healthcare providers translates really well into providing solutions in the business space.

Resources From Episode:

Per Diem Best Practices

Cost Of Starting A Business By State

  continue reading

57 Episoden

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iconTeilen
 
Manage episode 361643705 series 3005941
Inhalt bereitgestellt von Alisha M. Pennington MS ATC. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Alisha M. Pennington MS ATC oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

In this episode, we discuss the various business entity types and which might be best for you.

What are the risks of continuing to operate as a self-employed person versus a business owner? With that information, you can decide on an appropriate next step for your self-employed work, based on an analysis of your individual situation.

Unfortunately, there's not a general standard for whether or not it's best to become a business. Ultimately, it's a complex decision and individualized to each person.

However, I firmly believe all healthcare-related operations should be run through a business. With the prevalence of self-employed work in the profession, coupled with how litigious our society is, in my opinion, there is absolutely no reason why conducting your work under a business isn't happening. As athletic trainers, we are exposing ourselves to unnecessary risk when we have not established ourselves as a business, and the cost to do so is minimal.

There are many motivations for starting your own business, but regardless of what your motivation is, we can successfully pursue business ownership. The way that our brains are wired as healthcare providers translates really well into providing solutions in the business space.

Resources From Episode:

Per Diem Best Practices

Cost Of Starting A Business By State

  continue reading

57 Episoden

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