May 30, 2016 by Jordan William
How To Start Your Own Massage Therapy Business
Are you a massage therapist who’s looking to start your own massage therapy business? Or, are you a massage therapist who’s simply tired of working for someone else’s practice? Well, we’re here to help you get started on opening up your own business!
A massage therapy business can be lucrative to an entrepreneur and provide the opportunity to work independently or with a health-care professional, such as an orthopedic doctor or chiropractor. However, it’s not as easy as it might seem, so we’ve assembled a 7-step guide to starting your own massage therapy business!
7 Step Process For Starting Your Own Massage Therapy Business
Determine which type of massage therapy you want to specialize in and offer your patients
Decide whether you want to lease your own space or contract your services out to health-care providers or massage therapy businesses
Choose a name! Request a fictitious or assumed name application from the government agency, complete it and register your massage therapy business' name.
File your incorporation papers with the province or state. Determine which business bests fits your business: a corporation, sole proprietorship or limited liability company, and write the applicable incorporation documents or hire an attorney to write them.
Apply for an Employer Identification Number (U.S.) or Business Number (CAN). Your Business Number is your single account number for dealing with the government regarding GST/HST, payroll, import/export and other activities.
Find financing. The Canadian government can help you establish your business with the Canada Business Network. Some of this financing is targeted at specific demographic groups and industry sectors, and some of it is available to a wider audience. The financing includes grants and contributions (which generally do not have to be repaid), loans, and loan guarantees (which generally do have to be repaid).
7. Obtain insurance. You’ll need to contact a licensed insurance agent to help you determine
the best course of action to take for your massage therapy business. Getting business
insurance will protect you from liability and malpractice.
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Given today’s technological ubiquity, and the success apps and mobile software have seen in recent years, it seems almost natural that the most unexpected industries would climb aboard and rub shoulders with the kingpins of tech-innovators.
Massage therapy is one of those industries, and SOAP Vault has mastered the tech.
It was once quite a laborious task of the brick-and-mortar business model to manage client intake forms, scheduling, financial documentation and ensure security of all files, but SOAP Vault has solved that issue by streamlining all things pertinent to your massage practice directly through one superb piece of software.
Contact us today!
Join thousands of Massage Therapists, Chiropractors and others who chart using SOAP Vault every day.