Quote from luvmy2angels
This may be a strange question. I am currently in LTC, which i have been for 19 years now, mostly as a CNA but have been an LPN for a little over a year. I want out!! I want something different and would love to try home care. My question is, do you have to go with an agency or can you go out on your own and advertise that you are an LPN seeking to do in home care?? Maybe people feel more comfortable going through a reputable agency, just wondering if I should even consider this as a possibility or not. Thanks.
Let me shoot some realities at you as a business owner myself.
1. Should you choose to work for yourself (at least here in CA), you will need to define a corporation. Why? If someone should sue you, they cannot a) take your house b) your 401k c) your personal savings, etc. I suppose you can file under an LLC (you would have to discuss the pros and cons of that with a corp. lawyer), but NOT a DBA.
2. You will need to file with the State Board of Corporations, the State Department, The Department of Weights and Measures (!), the Employemend Development Department, The State Board of Equalization, the...get the message?
3. Taxes. You will need to file QUARTERLY taxes. Explanation of this mess not needed, your imagaination can play that one out for you. Also, you will need to hire an accountant and corporation tax lawyer. Niether one of these guys are cheap. When you DO file your taxes, 1040 forms are a no-no. YOU get to file corporate taxes AS WELL as your personal. Think $800-1000 JUST TO FILE.
4. Think REAMS of paperwork. Not fun paperwork, either. Do you know how to run Quickbooks? Better learn.
5. I cannot even BEGIN to think how much you would be paying out for LIABILITY insurance!
And the fun goes on, and on. I still dream about the "good old days" when SOMEBODY ELSE worried about all this, and the biggest concern I had was the 30 minutes once a year I spent at HR Block!
Of course, back then, I used to dream about "getting out of the rat race" and owning my own business! The grass IS always greener on the other side.