IT'S YOUR BUSINESS - UNDERSTANDING BUSINESS CONCEPTS

Course overview

Course Description: This course describes ways to limit liability for your massage therapy practice through the business entity you choose, contracts and forms. It also discusses how ethical behavior, negotiations and insurance can be key to the success of your massage therapy practice. Course Objectives: This course provides information on how to make informed choices for business issues that are often ignored by massage therapists. When you finish this course you will be able to: •Explain why the type business entity is important to your massage therapy business. •Describe how an attorney can help you make business decisions. •List the requirements for, benefits of and problems with sole proprietorship, general partnerships, LLPs, S-corporations and LLCs. •List three parts that define a contract. •Define indemnity, liability, force majeure, waiver and alternative dispute resolution for contracts. •Describe three common contracts for massage therapists. •Describe six forms useful for protecting both the massage therapist and client. •List seven duties required for an ethical practice. •Describe two types of negotiations and when to use them. •List five kinds of insurance that limit liabilities not covered by business entities, forms, contracts, negotiations and ethical behavior.