How To Start A Home Care Agency | Episode 4 - Which Is Better Corporation vs LLC?

Ever wanted to get the answer to "How To Start A Home Care Agency?", if you have you're in the right place. My name is Karl & I am the founder of Aaidebook Inc, the innovations leader in discharge planning and Home Healthcare. This series is designed to walk you through the process and my journey of expanding the business and the challenges that are faced. As this series progresses you will be exposed to everything you need to know to start a home care agency, my approach to business, and everything you will need to succeed in this industry.

This Episode covers the different business types and addresses the question of which is better Corporation or LLC. Here's the bookmarks:

3:24 -what is an LLC
8:20 LLC tax consideration
10:05 The corporation
12:45 issuing shares in a corporation.
13:00 share dilution misstated. Better video explaining below
14:20 how corporations get taxed.
18:05. S Corp election
19:40 where and how to I create my entity.
26:30 Summary

For those of you thinking what is a home care agency the answer is quite simple. A home care agency is company that provides health care personnel in the homes of patients/clients in need of Nursing Care, Physical Therapy, Occupational Therapy, Assistance with Daily Living Activities, Companionship & Housekeeping. The industry is usually divided between skilled and unskilled professionals or as Medicaid and Medicare Agencies. The type of agency you start depends on your State's regulations and the scope of services you plan to provide.

Join me on my journey of starting a home care agency and taking that company public. This is the life of an ENTP

Home Care Software Recommendation - https://bit.ly/ontimesoftware

For inquiries - Email me at info@entplife.com
Book a mentoring session with me (for healthcare, business, real estate, and more) - https://bit.ly/ENTP-mentoring

Do you want to learn how to start a Nurse Staffing Agency?
Sign up for my 8-hour course ‘Passive Workforce’ - https://bit.ly/PassiveWorkforce

Do you want to learn how to invest in real estate?
Sign up for my 15-hour investors course 'Killing the American Dream' - https://bit.ly/ktamericandream
#homecareagency #homecare #Nursing #nursingagency

Видео How To Start A Home Care Agency | Episode 4 - Which Is Better Corporation vs LLC? канала ENTP LIFE