))
S04 Episode 01: Self-Employed Work
Manage episode 359273497 series 3005941
Content provided by Alisha M. Pennington MS ATC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alisha M. Pennington MS ATC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
We are kicking off season four of The Business ATvantage Podcast. This season, we will discuss the transition from self-employment to business ownership.
In this episode specifically, we will define what it means to be an Independent Contractor, as well addressing the liabilities, legalities, and benefits of self-employed work as a health care professional.
Liabilities and Legalities of Working as an AT Independent Contractor:
- Must Have Insurance: You must have insurance as a self-employed individual. At minimum, you must be identified as a part-time, self-employed person. If you don’t have that designation, you are practicing uninsured.
- Standing Orders: The physician you work under must acknowledge you do self-employed work, because it may change their liability associated with overseeing you.
- State Practice Act and Concussion Laws: Make sure the population you are working with is permissible under state law, and that you have reviewed the concussion laws for that population. In some states, there is a difference between youth sport concussion laws and high school laws. It’s important be aware of these distinctions, and which population you are serving.
- Get Everything in Writing: At minimum, you need to have an email with bullet points listing out what is expected, such as payment terms, a scope of work, supplies provided etc. This should all be in place prior to working.
- Have Documentation: Have a form of documentation to notate what you see and touch while working in the event you are asked for records.
Benefits of Working as an AT Independent Contractor:
- Tax Benefits: The opportunity to write off everyday expenses as a part of the cost of doing business.
- Diversified Resume: Growing your network of clients and skillset.
- Hedge Against Economic Turmoil: Having the opportunity to pivot based on your individual circumstances, or the world around you.
- Flexibility: Take the shifts you’d like, live a life that provides maximum freedom and flexibility for yourself and family.
- Upward Mobility: Name your rate, work where and when you want, not capped on your earning potential.
E-book Referenced in Episode:
57 episodes
Share
