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Textbook of Urgent Care Management: Chapter 6, Business Formation and Entity Structuring
By Adam Winger
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About this ebook
The Textbook of Urgent Care Management is now offering individual chapters for sale. The full book, provides an expert business consulting guide to potential or existing urgent care clinic owners, managers & operators as well as investors. Learn how to more effectively run your immediate care or walk-in center as well as start incorporating urgent care services into your existing primary care practice. The chapters cover valuable information from industry experts on how to start, manage, and even sell your urgent care center.
Chapter 6 includes:
Entity Types
- Common Entity Issues
- General Entity Characteristics
Choice of Entity: Liability and Tax Considerations
- General and Limited Partnerships
- Limited Liability Company
- Professional Entities
Chapter 6 includes:
Entity Types
- Common Entity Issues
- General Entity Characteristics
Choice of Entity: Liability and Tax Considerations
- General and Limited Partnerships
- Limited Liability Company
- Professional Entities
LanguageEnglish
PublisherBookBaby
Release dateMar 15, 2014
ISBN9781940288284
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Textbook of Urgent Care Management - Adam Winger
CHAPTER 6
Business Formation and Entity Structuring
Adam Winger
from
CHAPTER 6
Business Formation and Entity Structuring
Adam Winger
ENTITY TYPES
One of the most important decisions in the life cycle of an urgent care business is made before the first patient is treated. Choices relating to entity structuring and formation can and often do have a direct and dramatic impact on the tax and operational aspects of the urgent care business. This chapter addresses many of the basic issues an owner of an urgent care company must confront before opening its doors for business.
Common Entity Issues
Business entities are creations of, and are governed by, state law. As a result, the challenges faced by owners of urgent care companies in one state could differ materially from that of another. Most state statutes, however, allow for business to be conducted by or through any of the following entities: general partnerships, limited partnerships, corporations, limited liability companies (LLCs), and certain professional organizations such as professional corporations and professional LLCs. Because of the relative frequencies that each type of entity is used in the urgent care industry, this chapter focuses predominantly on corporations, LLCs, and professional organizations.
General Entity Characteristics
Corporations and LLCs (including
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