Therapists practice in a Box tip #39 is about the pros and cons of a corporation. In this video, the pros and cons are laid out to help you decide which type of business structure do you need to create. Do you know what the biggest pro is for creating a corporation? Setting up a corporation provides the most protection for the owners or stockholders. A con is that shareholders are limited to only 100 people, and for most therapists that is perfectly fine as most of us will not be selling stock in our company. There are other gold nuggets too. If you want to see the beginning of the series on business structures look at this video.
Be sure to subscribe to my YouTube channel to get all the tips.