Topic 3 - Self-Employment Flashcards
Some pros of being in ____ _______ practice as an RMT include:
- Self-employed (e.g. make all your own rules)
- 100% of profit goes to you
- Some tax advantages if working out of home space
Solo Private
Some cons of being in ____ _______ practice as an RMT include:
- 100% responsible for everything (e.g. supplies, expenses/costs, setting, clients)
Solo Private
Some pros of working in _______ ______ space as an RMT include:
- Someone else is helping to run the business (e.g. very few costs to operate practice, clinic is getting you clients)
- Collaboration/support
Someone Else’s
Some cons of working in _______ ______ space as an RMT include:
- Potentially building up someone else’s business at the expense of yours
- Less control/input
- Potentially not following CMTO rules
- You get a % of the money paid by clients (aka. on a split)
Someone Else’s
Some specific observations about working as an RMT in a _______ ______ include:
- Lots of support because everyone’s an ____ & understands the college obligations
- Everyone else is competition for you (could dampen referrals within the clinic & leaded to damaged egos if a client wants to switch)
- Not as much opportunity to learn from other disciplines
Massage Clinic
Some specific observations about working as an RMT in a _____ ______ include:
- More opportunities for cross referral between disciplines & learning from other disciplines
- ______ have different legal rules
- Working relationships between disciplines not always equal
Chiro Clinic
Some specific observations about working as an RMT in a _____-____________ ______ include:
- Even greater cross referral & learning
- Many RMTs (or could be alone)
Multi-Disciplinary Clinic
Some specific observations about working as an RMT in a _____ ______ include:
- Some clinics are set up to do a lot of MVA/WSIB
- Insurance may be paying directly & limiting the money available (you will earn less per hour)
- Another health professional will be more likely to dictate treatment plan
- Client is possibly only there because of their accident (not because they want massage)
- You are not generating clients & retention might be easier
- More repetition (e.g. H/N/S)
- Easier for male therapists to build clientele here
Rehab Clinic
Some specific observations about working as an RMT in a ____ include:
- Often treating in a loud environment
- May be better suited to shorts/t-shirt massage than sheets
- Good tie in for trainers/athletes
- Must consider if non-members can access you
- Clients flow tied to ____ routine
Gym
Some specific observations about working as an RMT in a _____________ ____ include:
- More likely to want you to bend rules
- Less structured environment
- You might be the only regulated health professional
- Easier for male therapists to build clientele here
Neighbourhood (aka. Mom & Pop) Spa
Some specific observations about working as an RMT in a _____ _____ ____ include:
- Very high cost meaning it often translates into more money for the RMT (especially with tipping)
- They have a marketing department to generate business
- Employee benefits (e.g. hotel discounts, meals)
- Uniforms
- More likely to dictate terms of treatment
- Might have their own software that doesn’t match with CMTO
- Primarily working evenings/weekends
Large Hotel Spa
Some specific observations about working as an RMT for ____ ______ include:
- Less money for the RMT due to membership model
- Probably get larger tips
- They have a marketing department to generate business
Spa Chains
Some other settings for _____ include:
- Holiday resorts/cruise ships
- Hospitals
- Outdoors
- Yoga studios
- Retreat centres
- Group homes/senior centres
- Sports tems
RMTs
There are 3 categories of __________ for RMTs in Ontario which are:
1) Self-employed in own setting
2) Self-employed in someone else’s business setting
3) Employee
Employment
In solo/private practice when the RMT is clearly not working for someone else.
Self-Employed (aka. Sole Practioner)