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Business Basics: Practical Considerations

Business Basics: Practical Considerations

Explore the essential first steps for setting up a successful massage therapy business.

Language English
Duration 2h
Instructor

Description

Business Basics: Practical Considerations provides the foundational knowledge you need to make key decisions when starting your massage therapy practice.

Explore crucial elements like choosing a powerful business name and understanding ownership structures that affect taxes and liability. Discover valuable insights into the hiring process, highlighting the distinctions between employees and independent contractors. Learn how to build a team that aligns with your business model, as each role carries specific responsibilities and legal considerations.

Legitimize your business and ensure a safe environment by meeting licensing and insurance coverage requirements. Understand the importance of establishing a strong financial tracking system, which is vital for accurate accounting of income and expenses.

Learn the importance of ongoing financial monitoring to measure your business's long-term success and stability. Regular review of financial statements and strategic decision-making based on this data are essential for sustained growth.

Supplemented with a detailed, step-by-step workbook, upon completing the online massage therapy course Business Basics: Practical Considerations, you will be equipped with the knowledge and tools to embark on your massage therapy venture confidently.

Recognize the significance of choosing an impactful business name.
Investigate various types of business ownership and factors to consider when selecting a suitable structure.
Differentiate between hiring employees and independent contractors, understanding their respective roles and responsibilities.
Discover the essential steps for obtaining proper business licenses.
Grasp the requirements for insurance and permits to safely operate a clinic or treatment space.
Examine the benefits and steps involved in securing a business bank account.
Gain an understanding of the importance of maintaining a bookkeeping system and learn how to set up an effective accounting system for your business.
Acquire foundational knowledge on monitoring your business finances for sustainable growth and stability.

NAME & BUSINESS STRUCTURE

Choosing a Business Name
Choosing a Business Structure
Hiring a Team

GENERAL BUSINESS REQUIREMENTS

Applying for a Business License
Obtaining Business Insurance
Opening a Business Bank Account
Financial Recordkeeping

TEST YOUR KNOWLEDGE

Course Quiz
  • Michelle Doell, BA, RMT
  • Lydia Giammartino, MMedSc, BKin, RMT
  • Julie Goldstein, MA, MPA, JD
  • Kimberly Kent, RMT
  • Benjamin Reid, BSc, RMT
Purchase Course
Business Basics: Practical Considerations

CA$34.99