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Guide to Healthcare
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Terms in this set (157)
Vision Statement Outlines where you want to be in the future.
Mission Statement Clear, precise statement of the purpose of your
business.
Sole Proprietorship Business owned and operated by one individual.
Comprehensive Guide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical Therapy.pdf
,Comprehensive Guide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical Therapy.pdf
Advantages of Sole Proprietorship Quick to start up, easy to form, fewer legal
contracts, owner receives all profits, owner has
complete control, easy to dissolve.
Disadvantages of Sole Limited ability to expand, assume more
Proprietorship responsibility, assume all the risk.
Comprehensive Guide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical Therapy.pdf
, Comprehensive Guide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical Therapy.pdf
Taxes for Sole Proprietorship Taxed once; you pay on profits in your personal
tax return.
DBA Allows sole proprietor or any entity to operate
under a different name.
Partnership Owned and operated by two or more owners.
Advantages of Partnership Easy to form, taxes as individual not corporation,
more working capital available, share
responsibility, profits/losses go directly to
partners' personal income tax.
Comprehensive Guide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical
Comprehensive
Therapy.pdfGuide to Healthcare Law, Ethics, and Practice Management in Physical Therapy.pdf