Choosing the Legal Structure of A Practice
This is a guest post by Iris Kimberg, MS PT OTR
There are many forms that a private practice or therapy business entity can take, ranging from a solo practitioner to a corporate practice with shareholders. The legal entity you choose should be determined by the laws of your particular state( that varies tremendously from state to state), and what you want to offer or provide in your entity. Find out the rules and regulations within your state and make sure you conform. The best place to look for information is with the division that issues your professional licenses, usually the State Education Department.
16 June, 2014