{"id":6490,"date":"2025-09-15T11:37:55","date_gmt":"2025-09-15T18:37:55","guid":{"rendered":"https:\/\/www.nnpbc.com\/np-content\/?page_id=6490"},"modified":"2025-09-18T11:22:48","modified_gmt":"2025-09-18T18:22:48","slug":"registration-requirements-and-corporate-structure","status":"publish","type":"page","link":"https:\/\/www.nnpbc.com\/np-content\/index.php\/registration-requirements-and-corporate-structure\/","title":{"rendered":"Registration Requirements and Corporate Structure"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6490\" class=\"elementor elementor-6490\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-812ac01 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"812ac01\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5203459\" data-id=\"5203459\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-41f034c elementor-widget elementor-widget-text-editor\" data-id=\"41f034c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW39565252 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW39565252 BCX0\">Selecting an appropriate corporate structure is an important part of strategic and business planning for any medical clinic<\/span><span class=\"NormalTextRun SCXW39565252 BCX0\">.<\/span> <span class=\"NormalTextRun SCXW39565252 BCX0\">T<\/span><span class=\"NormalTextRun SCXW39565252 BCX0\">his section highlights <\/span><span class=\"NormalTextRun SCXW39565252 BCX0\">important elements<\/span><span class=\"NormalTextRun SCXW39565252 BCX0\"> related to <\/span><span class=\"NormalTextRun SCXW39565252 BCX0\">registration<\/span><span class=\"NormalTextRun SCXW39565252 BCX0\"> requirements and corporate structure<\/span><span class=\"NormalTextRun SCXW39565252 BCX0\">.<\/span><span class=\"NormalTextRun SCXW39565252 BCX0\">\u00a0<\/span><\/span><span class=\"EOP SCXW39565252 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span class=\"TextRun SCXW104234665 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW104234665 BCX0\">The information shared in this section are meant to highlight <\/span><span class=\"NormalTextRun SCXW104234665 BCX0\">important element<\/span><span class=\"NormalTextRun SCXW104234665 BCX0\"> and do not represent legal advice. It is essential for aspiring clinic owners to consult with a business lawyer, accountant, and\/or financial advisor to review their options prior to establishing their corporate structure. These professionals can help clarify tax and legal implications and any business regulations or bylaws, such as business license requirements.\u00a0<\/span><\/span><span class=\"EOP SCXW104234665 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e0ad362 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e0ad362\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-513254e\" data-id=\"513254e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cb3f614 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"cb3f614\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e742e3f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e742e3f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9f0ef23\" data-id=\"9f0ef23\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8ef18ce elementor-widget elementor-widget-text-editor\" data-id=\"8ef18ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><span class=\"TextRun SCXW116684739 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW116684739 BCX0\" data-ccp-parastyle=\"heading 3\">Corporate Structure<\/span><\/span><span class=\"EOP SCXW116684739 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:160,&quot;335559739&quot;:80,&quot;335572079&quot;:6,&quot;335572080&quot;:1,&quot;335572081&quot;:12431474,&quot;469789806&quot;:&quot;single&quot;}\">\u00a0<\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d5d9cae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d5d9cae\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d18630f\" data-id=\"d18630f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8343607 elementor-widget elementor-widget-text-editor\" data-id=\"8343607\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW6660196 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW6660196 BCX0\">A business\u2019s legal form, or corporate structure, indicates whether <\/span><span class=\"NormalTextRun SCXW6660196 BCX0\">it is<\/span><span class=\"NormalTextRun SCXW6660196 BCX0\"> a separate entity from its owners. The legal form, therefore, influences the business\u2019s legal status, tax obligations and responsibilities.<\/span><\/span><span class=\"EOP SCXW6660196 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><span class=\"TextRun SCXW238628527 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW238628527 BCX0\">In Canada, most businesses <\/span><span class=\"NormalTextRun SCXW238628527 BCX0\">operate<\/span><span class=\"NormalTextRun SCXW238628527 BCX0\"> under one of the following three legal forms:<\/span><\/span><span class=\"EOP SCXW238628527 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Sole proprietorship<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:360,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">General partnership<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:360,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Corporation<\/span><\/li><\/ul><p>\u00a0<\/p><p>Choosing the legal <span class=\"NormalTextRun SCXW228455886 BCX0\">structure <\/span><span class=\"NormalTextRun SCXW228455886 BCX0\">that best fits your business <\/span><span class=\"NormalTextRun SCXW228455886 BCX0\">is not<\/span><span class=\"NormalTextRun SCXW228455886 BCX0\"> always easy.<\/span> <span class=\"NormalTextRun SCXW228455886 BCX0\">It is important for entrepreneurs to c<\/span><span class=\"NormalTextRun SCXW228455886 BCX0\">arefully weigh the potential benefits <\/span><span class=\"NormalTextRun SCXW228455886 BCX0\">and drawbacks <\/span><span class=\"NormalTextRun SCXW228455886 BCX0\">of each legal form<\/span><span class=\"NormalTextRun SCXW228455886 BCX0\"> to identify the option(s) that best aligns with your goals. The following table breaks down the pros and cons of each business structure.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e96d5c5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e96d5c5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8126d1d\" data-id=\"8126d1d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-51f585f elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"51f585f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table data-tablestyle=\"MsoNormalTable\" data-tablelook=\"1184\" aria-rowcount=\"11\"><tbody><tr aria-rowindex=\"1\"><td data-celllook=\"65792\"><p><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65792\"><p><b><span data-contrast=\"auto\">Sole proprietorship<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65792\"><p><b><span data-contrast=\"auto\">General Partnership<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65792\"><p><b><span data-contrast=\"auto\">Corporation<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"2\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Definition<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">An informal and easily created legal form where the business and the person running it are the same in the eyes of legal and tax authorities.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Risks extend to owners\u2019 personal assets as there is not a separate legal entity.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">A general partnership is like a sole proprietorship but with two or more owners. Likewise, the business and the individuals running it are the same in the eyes of legal and tax authorities.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The partners usually have some type of contractual agreement that governs how income, expenses and tasks are shared.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">A legal entity, also known as a company. A corporation is a more complicated legal structure than a sole proprietorship or a general partnership. It is a separate legal entity from its owners.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">A corporation provides a certain level of protection regarding liability for the business\u2019s debts.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"3\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Legal status<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Does not exist as a separate legal entity<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Ownership = Owner<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Does not exist as a separate legal entity<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Ownership = Owner<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Treated as a separate legal entity from its owners<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Ownership = Shareholders<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"4\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Control<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Owner has total control<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Partnership agreement determines control among partners<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Directors and shareholders<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"5\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Profits<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Paid to the owner<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Paid to partners according to a partnership agreement<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Earned by the corporation, which may pay dividends to shareholders and\/or retain them in the corporation<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"6\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Debts<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Owner is responsible (unlimited liability)<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Partners are individually and collectively responsible<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Paid by the corporation<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"7\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Taxation<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Owner pays taxes on the business\u2019s income as an individual, as if they are an employee of the business<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Partners pay taxes individually according to their share of the income<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">The corporation pays corporate taxes separately from taxes paid by directors and shareholders\u202f<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"8\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Assets<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Business assets fully belong to the owner<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Business assets are jointly owned by the partners, or ownership is governed by a partnership agreement<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Business assets are owned by the corporation, and shareholders have no specific rights to them<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"9\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"none\">Liability<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"none\">The owner assumes all the risks of the business.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"none\">The owners assume all the risks of the business.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"none\">There is limited liability to the corporation\u2019s shareholder(s).<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">However, Under the Health Professions Act, the liability of a Nurse Practitioner for professional negligence is not affected by the fact that the Nurse Practitioner practices as an employee of a corporation.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Speak to a lawyer for further information.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"10\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">Costs<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">No application required. Annual fees apply if you use an accountant to file taxes.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">No application required. Annual fees apply if you use an accountant to file taxes.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Online applications cost approximately $200.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">If you choose to have a lawyer complete your application, prices may reach &gt; $1,000.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">There are also ongoing annual legal and accounting costs.<\/span><span data-ccp-props=\"{&quot;335559737&quot;:145}\">\u00a0<\/span><\/p><\/td><\/tr><tr aria-rowindex=\"11\"><td data-celllook=\"65793\"><p><b><span data-contrast=\"auto\">For More Information<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:2,&quot;335551620&quot;:2}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Visit <\/span><strong><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/businesses\/small-businesses-self-employed-income\/setting-your-business\/sole-proprietorship.html\">Government of Canada<\/a><\/strong><span data-contrast=\"auto\"><strong>\u2019s<\/strong> website for information on Sole Proprietorship<\/span><span data-ccp-props=\"{&quot;335559737&quot;:195}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">Visit <\/span><strong><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/businesses\/small-businesses-self-employed-income\/setting-your-business\/partnership.html\">Government of Canada<\/a><\/strong><span data-contrast=\"auto\"><strong>\u2019s<\/strong> website for information on Partnerships<\/span><span data-ccp-props=\"{&quot;335559737&quot;:234}\">\u00a0<\/span><\/p><\/td><td data-celllook=\"65793\"><p><span data-contrast=\"auto\">For information on whether Incorporation is right for you please review the following information at <\/span><strong><a href=\"https:\/\/www.canada.ca\/en\/services\/business\/start\/register-with-gov\/register-corp\/register-corp-fed-or-prov.html\">Government of Canada\u2019s website .<\/a>\u00a0<\/strong><\/p><\/td><\/tr><\/tbody><\/table><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2483019 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2483019\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-633fe82\" data-id=\"633fe82\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2cfff86 elementor-widget elementor-widget-text-editor\" data-id=\"2cfff86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW149799076 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW149799076 BCX0\">The Business Development Bank of Canada (<\/span><span class=\"NormalTextRun SCXW149799076 BCX0\">BDC<\/span><span class=\"NormalTextRun SCXW149799076 BCX0\">) is a Crown corporation with a mandate to support Canadian entrepreneurs in small and medium sized businesses.<\/span> <\/span><span class=\"TextRun SCXW149799076 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW149799076 BCX0\">You can learn more about each <\/span><span class=\"NormalTextRun SCXW149799076 BCX0\">legal form and <\/span><span class=\"NormalTextRun SCXW149799076 BCX0\">how to register for one on the <\/span><\/span><span class=\"TextRun SCXW149799076 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW149799076 BCX0\">BDC<\/span><span class=\"NormalTextRun SCXW149799076 BCX0\">\u2019s <\/span><\/span><strong><a class=\"Hyperlink SCXW149799076 BCX0\" href=\"https:\/\/www.bdc.ca\/en\/articles-tools\/start-buy-business\/start-business\/advantages-different-business-structures\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW149799076 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW149799076 BCX0\" data-ccp-charstyle=\"Hyperlink\">How to choose the right legal form for your business<\/span><\/span><\/a><\/strong><span class=\"TextRun SCXW149799076 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW149799076 BCX0\">.\u00a0<\/span><\/span><span class=\"EOP SCXW149799076 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9bb5e07 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9bb5e07\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a192f58\" data-id=\"a192f58\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a2e420 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0a2e420\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d7423b7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d7423b7\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d4927a4\" data-id=\"d4927a4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d51d00a elementor-widget elementor-widget-text-editor\" data-id=\"d51d00a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><span class=\"TextRun SCXW223297872 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW223297872 BCX0\" data-ccp-parastyle=\"heading 3\">Business Registration and Licensing<\/span><\/span><span class=\"EOP SCXW223297872 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:160,&quot;335559739&quot;:80,&quot;335572079&quot;:6,&quot;335572080&quot;:1,&quot;335572081&quot;:12431474,&quot;469789806&quot;:&quot;single&quot;}\">\u00a0<\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5b93143 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b93143\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3dc0c2a\" data-id=\"3dc0c2a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a67e85 elementor-widget elementor-widget-text-editor\" data-id=\"5a67e85\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW92612758 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW92612758 BCX0\">Once the decisions about the type of Legal form or <\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">business structure<\/span> <span class=\"NormalTextRun SCXW92612758 BCX0\">have<\/span><span class=\"NormalTextRun SCXW92612758 BCX0\"> been made<\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">, <\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">The NP (or group of providers) <\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">will need to <\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">apply for a business name, register with BC Registries and Online Services, WorkSafeBC, the Ministry of Finance and Can<\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">a<\/span><span class=\"NormalTextRun SCXW92612758 BCX0\">da Revenue Agency.\u00a0<\/span><\/span><span class=\"EOP SCXW92612758 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><strong><span class=\"TextRun SCXW191910006 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW191910006 BCX0\" data-ccp-charstyle=\"Intense Emphasis\">Registering a Business<\/span><\/span><span class=\"EOP SCXW191910006 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:80,&quot;335559739&quot;:40}\">\u00a0<\/span><\/strong><\/p><p><span class=\"TextRun SCXW137406096 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW137406096 BCX0\">An important initial step <\/span><span class=\"NormalTextRun SCXW137406096 BCX0\">for any medical facility owner is to <\/span><span class=\"NormalTextRun SCXW137406096 BCX0\">register the business.<\/span><\/span> <a class=\"Hyperlink SCXW137406096 BCX0\" href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/employment-business\/business\/managing-a-business\/starting-a-business\/starting-a-restaurant-in-bc\/register-your-business\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW137406096 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW137406096 BCX0\" data-ccp-charstyle=\"Hyperlink\"><strong>BC Government\u2019s Register Your Business<\/strong><\/span><\/span><\/a><span class=\"TextRun SCXW137406096 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW137406096 BCX0\"> page is helpful in getting you started<\/span><span class=\"NormalTextRun SCXW137406096 BCX0\">. <\/span><span class=\"NormalTextRun SCXW137406096 BCX0\">On the page, you will learn about how to:<\/span><\/span><span class=\"EOP SCXW137406096 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><ol><li><strong><span class=\"TextRun MacChromeBold SCXW191274508 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW191274508 BCX0\">Review existing trademarks<\/span><\/span><\/strong><span class=\"TextRun SCXW191274508 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW191274508 BCX0\"><strong>:<\/strong> this is to avoid choosing a name that infringes intellectual property of another business which could result in legal action.<\/span><span class=\"NormalTextRun SCXW191274508 BCX0\"> Further guidance on naming of facilities may be provided through regulatory bodies.<\/span><\/span><span class=\"EOP SCXW191274508 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li><strong><span class=\"TextRun MacChromeBold SCXW211631649 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW211631649 BCX0\">Apply for a business name<\/span><\/span><\/strong><span class=\"TextRun SCXW211631649 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW211631649 BCX0\"><strong>:<\/strong>\u00a0 this is completed through <\/span><span class=\"NormalTextRun SCXW211631649 BCX0\">the BC Registries and Online Services<\/span><span class=\"NormalTextRun SCXW211631649 BCX0\"> where they will check the availability of the business name and determine whether it is valid for registration<\/span><span class=\"NormalTextRun SCXW211631649 BCX0\">. Once it is processed, a Name Request Number will be issue<\/span><span class=\"NormalTextRun SCXW211631649 BCX0\">d<\/span><span class=\"NormalTextRun SCXW211631649 BCX0\">.\u00a0<\/span><\/span><span class=\"EOP SCXW211631649 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li><strong><span class=\"TextRun MacChromeBold SCXW92232112 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW92232112 BCX0\">Register your business<\/span><\/span><\/strong><span class=\"TextRun SCXW92232112 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW92232112 BCX0\"><strong>:<\/strong> Within 56 days of receiving a Name Request number for a business name, you will have to register the business with <\/span><span class=\"NormalTextRun SCXW92232112 BCX0\">several<\/span><span class=\"NormalTextRun SCXW92232112 BCX0\"> government agencies. This includes:<\/span><\/span><span class=\"EOP SCXW92232112 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:240,&quot;335559991&quot;:357}\">\u00a0<\/span><\/li><\/ol><ul><li style=\"list-style-type: none;\"><ul><li><span class=\"TextRun SCXW1474669 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW1474669 BCX0\">BC Registries and Online Services: this is where you register the business as either a sole proprietorship\/partnership or inco<\/span><span class=\"NormalTextRun SCXW1474669 BCX0\">r<\/span><span class=\"NormalTextRun SCXW1474669 BCX0\">poration. A bu<\/span><span class=\"NormalTextRun SCXW1474669 BCX0\">siness number will be issue. This is used as an identifier for remitting taxes to the government, Canada pension premiums, EI premiums and making WorkSafeBC payments<\/span><\/span><span class=\"EOP SCXW1474669 BCX0\" data-ccp-props=\"{&quot;134233279&quot;:false,&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:240,&quot;335559991&quot;:357}\">\u00a0<\/span><\/li><li><span class=\"TextRun SCXW41076726 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW41076726 BCX0\">WorkSafeBC: if you plan to hire workers (full-time, part-time, casual or contract) you are required by law to register with WorkSafeBC<\/span><\/span><span class=\"EOP SCXW41076726 BCX0\" data-ccp-props=\"{&quot;134233279&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:120,&quot;335559739&quot;:120,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li><span class=\"TextRun SCXW44554723 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW44554723 BCX0\">Ministry of Finance:<\/span><span class=\"NormalTextRun SCXW44554723 BCX0\"> this <\/span><span class=\"NormalTextRun SCXW44554723 BCX0\">includes registering your business to collect Provincial Sales Tax and Employer Health Tax<\/span><\/span><span class=\"EOP SCXW44554723 BCX0\" data-ccp-props=\"{&quot;134233279&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:120,&quot;335559739&quot;:120,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li><span class=\"TextRun SCXW47677760 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW47677760 BCX0\">Canada Revenue Services<\/span><span class=\"NormalTextRun SCXW47677760 BCX0\">: this is to register your business for GST\/HST remittance and payroll deductions<\/span><\/span><\/li><\/ul><\/li><\/ul><p>\u00a0<\/p><p><span class=\"EOP SCXW47677760 BCX0\" data-ccp-props=\"{&quot;134233279&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:120,&quot;335559739&quot;:120,&quot;335559740&quot;:240}\"><span class=\"TextRun SCXW21935210 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW21935210 BCX0\">If you have questions on choosing a business type, naming your <\/span><span class=\"NormalTextRun SCXW21935210 BCX0\">business,<\/span><span class=\"NormalTextRun SCXW21935210 BCX0\"> and registering your business, reach out to the BC Registries and Online Services. You can<\/span><span class=\"NormalTextRun SCXW21935210 BCX0\">:<\/span><\/span><span class=\"EOP SCXW21935210 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span>\u00a0<\/span><\/p><ul><li><span class=\"TextRun SCXW206304333 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW206304333 BCX0\">C<\/span><span class=\"NormalTextRun SCXW206304333 BCX0\">all<\/span><span class=\"NormalTextRun SCXW206304333 BCX0\">: 1-877-370-1033<\/span><\/span><span class=\"EOP SCXW206304333 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li><span class=\"TextRun SCXW237330784 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW237330784 BCX0\">E<\/span><span class=\"NormalTextRun SCXW237330784 BCX0\">mail<\/span><span class=\"NormalTextRun SCXW237330784 BCX0\">: <\/span><\/span><a class=\"Hyperlink SCXW237330784 BCX0\" href=\"mailto:BCRegistries@gov.ca\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW237330784 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW237330784 BCX0\" data-ccp-charstyle=\"Hyperlink\"><strong>BCRegistries@gov.ca<\/strong><\/span><\/span><\/a><span class=\"EOP SCXW237330784 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-13437ce elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13437ce\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8d54b56\" data-id=\"8d54b56\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f6aca5 elementor-widget elementor-widget-text-editor\" data-id=\"7f6aca5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><span class=\"TextRun SCXW166579814 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW166579814 BCX0\" data-ccp-parastyle=\"heading 4\">Obtaining <\/span><span class=\"NormalTextRun SCXW166579814 BCX0\" data-ccp-parastyle=\"heading 4\">a Business License<\/span><\/span><span class=\"EOP SCXW166579814 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:80,&quot;335559739&quot;:40}\">\u00a0<\/span><\/strong><\/p><p><span class=\"NormalTextRun SCXW246766701 BCX0\">You must get <\/span><span class=\"NormalTextRun SCXW246766701 BCX0\">the appropriate permits and<\/span><span class=\"NormalTextRun SCXW246766701 BCX0\"> licence<\/span><span class=\"NormalTextRun SCXW246766701 BCX0\">s<\/span><span class=\"NormalTextRun SCXW246766701 BCX0\"> to <\/span><span class=\"NormalTextRun SCXW246766701 BCX0\">operate the medical practice<\/span><span class=\"NormalTextRun SCXW246766701 BCX0\">. <\/span><span class=\"NormalTextRun SCXW246766701 BCX0\">business. The application process is different for different municipalit<\/span><span class=\"NormalTextRun SCXW246766701 BCX0\">ies and may require different prerequisites. <span class=\"TextRun SCXW246766701 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\">The <\/span><strong><a class=\"Hyperlink SCXW246766701 BCX0\" href=\"https:\/\/www.bcbizpal.ca\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW246766701 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\">government&#8217;s BizPal tool<\/span><\/a><\/strong><span class=\"TextRun SCXW246766701 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\">\u00a0 helps outline the federal and provincial requirements for the municipality in which the clinic will operate.<\/span><\/span><\/p><p><span class=\"TextRun SCXW180982660 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW180982660 BCX0\">In BC, <\/span><\/span><a class=\"Hyperlink SCXW180982660 BCX0\" href=\"https:\/\/www.bclaws.gov.bc.ca\/civix\/document\/id\/complete\/statreg\/96183_01#part4\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW180982660 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW180982660 BCX0\" data-ccp-charstyle=\"Hyperlink\"><strong>the Part 4 of Health Profession Act (also known as Health Professions Corporation)<\/strong><\/span><\/span><\/a><span class=\"TextRun SCXW180982660 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW180982660 BCX0\"> provides important definitions, regulations related to naming and permits of medical incorporations in BC; <\/span><span class=\"NormalTextRun CommentStart SCXW180982660 BCX0\">further guidance on naming of facilities may be provided through regulatory bodies<\/span><span class=\"NormalTextRun SCXW180982660 BCX0\">. For example, if an NP were to partner with a physician to start a clinic, the <strong><a class=\"Hyperlink SCXW180982660 BCX0\" href=\"https:\/\/www.cpsbc.ca\/registrants\/current-registrants\/pmc\/new-corporation\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW180982660 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\">CPSBC\u2019s steps for acquiring permits for new medical corporation<\/span><\/a><\/strong> would need to be followed; these include naming requirements.\u00a0\u00a0<\/span><\/span><\/p><p><strong><span class=\"TextRun SCXW220747212 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW220747212 BCX0\" data-ccp-parastyle=\"heading 4\">WorkSafeBC <\/span><span class=\"NormalTextRun SCXW220747212 BCX0\" data-ccp-parastyle=\"heading 4\">Registration<\/span><\/span><span class=\"EOP SCXW220747212 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:80,&quot;335559739&quot;:40}\">\u00a0<\/span><\/strong><\/p><p><span class=\"TextRun SCXW175147378 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW175147378 BCX0\">Anyone<\/span><span class=\"NormalTextRun SCXW175147378 BCX0\"> who hires workers in B.C. is required to register for WorkSafeBC insurance coverage. <\/span><span class=\"NormalTextRun SCXW175147378 BCX0\">S<\/span><span class=\"NormalTextRun SCXW175147378 BCX0\">elf-employed proprietor or partner<\/span><span class=\"NormalTextRun SCXW175147378 BCX0\">s <\/span><span class=\"NormalTextRun SCXW175147378 BCX0\">may <\/span><span class=\"NormalTextRun SCXW175147378 BCX0\">also <\/span><span class=\"NormalTextRun SCXW175147378 BCX0\">be eligible to purchase optional insurance coverage. <span class=\"TextRun SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW68362495 BCX0\">WorkSafeBC website contains <\/span><span class=\"NormalTextRun SCXW68362495 BCX0\">information on\u202f<\/span><\/span><a class=\"Hyperlink SCXW68362495 BCX0\" href=\"https:\/\/www.worksafebc.com\/en\/insurance\/need-coverage\/who-needs-coverage\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW68362495 BCX0\" data-ccp-charstyle=\"Hyperlink\"><strong>who needs coverage<\/strong><\/span><\/span><\/a><span class=\"TextRun SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW68362495 BCX0\">\u202f<\/span><span class=\"NormalTextRun SCXW68362495 BCX0\">as well as further details about <\/span><\/span><strong><a class=\"Hyperlink SCXW68362495 BCX0\" href=\"https:\/\/www.worksafebc.com\/en\/insurance\/apply-for-coverage\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW68362495 BCX0\" data-ccp-charstyle=\"Hyperlink\">the application process for coverage<\/span><\/span><\/a><\/strong><span class=\"TextRun SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><strong><span class=\"NormalTextRun SCXW68362495 BCX0\">.<\/span><\/strong><span class=\"NormalTextRun SCXW68362495 BCX0\"> Review the <\/span><\/span><strong><a class=\"Hyperlink SCXW68362495 BCX0\" href=\"https:\/\/www.nnpbc.com\/np-content\/wp-content\/uploads\/2023\/04\/NNPBC_0922_WorkSafe-BC_01-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW68362495 BCX0\" data-ccp-charstyle=\"Hyperlink\">NNPBC Page related to WorkSafeBC<\/span><\/span><\/a><\/strong><span class=\"TextRun SCXW68362495 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW68362495 BCX0\"> to learn about the NP classification category to ensure you premiums are calculated correctly.<\/span><\/span><span class=\"EOP SCXW68362495 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335557856&quot;:16711422,&quot;335559739&quot;:120,&quot;335559740&quot;:240}\">\u00a0<\/span><\/span><\/span><\/p><p><strong><span class=\"TextRun SCXW57836264 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW57836264 BCX0\">Applying for MSP Facility Number\u00a0<\/span><\/span><span class=\"EOP SCXW57836264 BCX0\" data-ccp-props=\"{&quot;335559738&quot;:240}\">\u00a0<\/span><\/strong><\/p><p><span class=\"NormalTextRun SCXW147681908 BCX0\">Depending on the services offered and the types of providers in the clinic, it may be necessary to obtain an MSP facility number<\/span><span class=\"NormalTextRun SCXW147681908 BCX0\">. <\/span><span class=\"NormalTextRun CommentStart SCXW147681908 BCX0\">Through this process, the clinic or facility registers with MSP to <\/span><span class=\"NormalTextRun SCXW147681908 BCX0\">receive payments for medically necessary services performed by eligible practitioners<\/span><span class=\"NormalTextRun SCXW147681908 BCX0\"> (such as physicians who may have been recruited to join the clinic)<\/span><span class=\"NormalTextRun SCXW147681908 BCX0\">, the clinic will then deduct overhead and provide payments to those practitioners<\/span><span class=\"NormalTextRun SCXW147681908 BCX0\">. <span class=\"TextRun SCXW147681908 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\">NPs may also need to apply for a facility number for Provincial Attachment System (PAS). This registration allows MSP to identify and verify the facility for purposes of encounter coding, billing, and payment for services provided to eligible B.C residents. The government of BC website hosts the <\/span><strong><a class=\"Hyperlink SCXW147681908 BCX0\" href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/health\/health-forms\/msp\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW147681908 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\">MSP related forms<\/span><\/a><\/strong><span class=\"TextRun SCXW147681908 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"> including the <\/span><strong><a class=\"Hyperlink SCXW147681908 BCX0\" href=\"https:\/\/www2.gov.bc.ca\/assets\/gov\/health\/forms\/2948fil.pdf#:~:text=MSP%20Facility%20Numbers%20are%20issued%20to%20qualifying,on%20the%20physical%20location%20of%20the%20facility.&amp;text=MSP%20is%20a%20public%20system%20based%20on,to%20the%20Medicare%20Protection%20Act%20(the%20%E2%80%9CAct%E2%80%9D);\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW147681908 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\">application for MSP Facility Number<\/span><\/a><span class=\"TextRun SCXW147681908 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\">.<\/span><\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7881758 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7881758\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cc4aad6\" data-id=\"cc4aad6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a7a362 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1a7a362\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9b6f22e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9b6f22e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4ffc81c\" data-id=\"4ffc81c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf68afd elementor-widget elementor-widget-text-editor\" data-id=\"bf68afd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><span class=\"TextRun SCXW117630923 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW117630923 BCX0\" data-ccp-parastyle=\"heading 3\">Business Insurance<\/span><\/span><span class=\"EOP SCXW117630923 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:160,&quot;335559739&quot;:80,&quot;335572079&quot;:6,&quot;335572080&quot;:1,&quot;335572081&quot;:12431474,&quot;469789806&quot;:&quot;single&quot;}\">\u00a0<\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-51e12fa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"51e12fa\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e64b72e\" data-id=\"e64b72e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c69379c elementor-widget elementor-widget-text-editor\" data-id=\"c69379c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW205991764 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW205991764 BCX0\">When Considering Business insurance, it is important to distinguish between an NP\u2019s <\/span><span class=\"NormalTextRun SCXW205991764 BCX0\">professional liability<\/span><span class=\"NormalTextRun SCXW205991764 BCX0\"> insurance and the business (or corporation) liability insurance.<\/span><\/span><span class=\"EOP SCXW205991764 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335557856&quot;:16777215,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><p><strong><span class=\"TextRun SCXW55758943 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW55758943 BCX0\" data-ccp-parastyle=\"heading 4\">Professional <\/span><span class=\"NormalTextRun SCXW55758943 BCX0\" data-ccp-parastyle=\"heading 4\">Liability Insurance<\/span><\/span><span class=\"EOP SCXW55758943 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:80,&quot;335559739&quot;:40}\">\u00a0<\/span><\/strong><\/p><p><span class=\"TextRun SCXW75475445 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW75475445 BCX0\">In BC, NNPBC serves as the representative for professional liability protection for NPs and other nurses. NPs, RPNs, RNs, and ESNs are eligible beneficiaries of the Canadian Nurses Protective Society&#8217;s (CNPS) professional liability protection and core services. <\/span><span class=\"NormalTextRun SCXW75475445 BCX0\">As part of this protection:<\/span><\/span><span class=\"EOP SCXW75475445 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p><ul><li><span class=\"NormalTextRun SCXW40282267 BCX0\">NPs are <\/span><span class=\"NormalTextRun SCXW40282267 BCX0\">eligible<\/span><span class=\"NormalTextRun SCXW40282267 BCX0\"> for CNPS professional liability protection in an amount up to $10 million per claim for professional negligence relating to nursing care provided in Canada<\/span><\/li><li><span class=\"TextRun SCXW125004774 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW125004774 BCX0\">CNPS professional liability protection applies only to the individual nurse providing professional nursing services. It does not extend to an association, partnership, incorporated company, corporate directors, shareholders, or employees of the business<\/span><\/span><\/li><li><span class=\"TextRun SCXW65115876 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW65115876 BCX0\">In the case where an independent nurse is also working as an employee within another organization, the employer\u2019s insurance will only cover lawsuits that arise out of the employment, not those arising from the independent practice<\/span><\/span><\/li><li><span class=\"TextRun SCXW13640928 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW13640928 BCX0\">Additionally, CNPS professional liability protection (core services) does not include assistance with complaints to the nursing regulatory body. A nurse working in independent practice may therefore wish to consider additional protection for regulatory complaints<\/span><\/span><\/li><\/ul><p>\u00a0<\/p><p><span class=\"NormalTextRun SCXW212985026 BCX0\">Through NNPBC, <\/span><span class=\"NormalTextRun SCXW212985026 BCX0\">all <\/span><span class=\"NormalTextRun SCXW212985026 BCX0\">NPs <\/span><span class=\"NormalTextRun SCXW212985026 BCX0\">(as well as all RNs, LPNs, RPNs) <\/span><span class=\"NormalTextRun SCXW212985026 BCX0\">also have Commercial General Liability insurance coverage provided by Encon Group Inc. There is an aggregate limit of $5,000,000 for all participants. <\/span><span class=\"NormalTextRun SCXW212985026 BCX0\">The Commercial General Liability insurance applies if the NP is named as a defendant in a claim alleging injury or property damage to a third party <\/span><span class=\"NormalTextRun SCXW212985026 BCX0\">because of<\/span><span class=\"NormalTextRun SCXW212985026 BCX0\"> the commercial operation of the business or the premises. For instance, third party claims arising from a slip-and-fall, property damage caused by an employee while providing services. (contact <a href=\"mailto:info@nnpbc.com\" target=\"_blank\" rel=\"noopener\"><strong>info@nnpbc.com<\/strong><\/a> for more info)<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-713603d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"713603d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f996e33\" data-id=\"f996e33\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d287847 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d287847\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-12224c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"12224c2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6a77f4\" data-id=\"a6a77f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37ab4fd elementor-widget elementor-widget-text-editor\" data-id=\"37ab4fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><span class=\"TextRun SCXW190540479 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW190540479 BCX0\" data-ccp-parastyle=\"heading 4\">Business and Commercial Liability Insurance<\/span><\/span><span class=\"EOP SCXW190540479 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:80,&quot;335559739&quot;:40}\">\u00a0<\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45c002b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45c002b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a902b9b\" data-id=\"a902b9b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd3bdd2 elementor-widget elementor-widget-text-editor\" data-id=\"bd3bdd2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW27006248 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW27006248 BCX0\">I<\/span><span class=\"NormalTextRun SCXW27006248 BCX0\">n addition to any professional liability protection that may be required as an individual <\/span><span class=\"NormalTextRun SCXW27006248 BCX0\">NP<\/span><span class=\"NormalTextRun SCXW27006248 BCX0\">, should a <\/span><span class=\"NormalTextRun SCXW27006248 BCX0\">NP<\/span><span class=\"NormalTextRun SCXW27006248 BCX0\"> decide to hire employees or structure their business as a separate legal entity, another source of professional liability protection<\/span><span class=\"NormalTextRun SCXW27006248 BCX0\"> will be required to respond to potential lawsuits commenced against the business or resulting from the activities of employees, for several reasons:<\/span><\/span><span class=\"EOP SCXW27006248 BCX0\" data-ccp-props=\"{&quot;335557856&quot;:16777215,&quot;335559738&quot;:315,&quot;335559739&quot;:315}\">\u00a0<\/span><\/p><p><span class=\"NormalTextRun SCXW17068940 BCX0\">When services are provided through a business entity, a plaintiff alleging harm caused by the care or services provided may start legal proceedings against a <\/span><span class=\"NormalTextRun SCXW17068940 BCX0\">NP<\/span><span class=\"NormalTextRun SCXW17068940 BCX0\"> who provided the care, against the business entity, or both. CNPS protection does not <\/span><span class=\"NormalTextRun SCXW17068940 BCX0\">extend<\/span><span class=\"NormalTextRun SCXW17068940 BCX0\"> to a business entity<\/span><\/p><ul><li><span class=\"NormalTextRun SCXW33391137 BCX0\">If there are employees, it will be important to keep in mind that as the employer, the independent practitioner or their business can also be held liable for any act of negligence committed by employee<\/span><span class=\"NormalTextRun SCXW33391137 BCX0\">s<\/span><\/li><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Businesses may also face legal issues, unrelated to their practice, such as employment disputes, contractual disputes, equipment failure, property damage, etc.<\/span><span data-ccp-props=\"{&quot;335557856&quot;:16777215,&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">If electronic health information is managed by the business, that information may be intercepted, lost, or stolen<\/span><\/li><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span class=\"NormalTextRun SCXW68293258 BCX0\">If the business entity leases or sublets the clinic space, there<\/span><span class=\"NormalTextRun SCXW68293258 BCX0\"> may <\/span><span class=\"NormalTextRun SCXW68293258 BCX0\">be <\/span><span class=\"NormalTextRun SCXW68293258 BCX0\">additional legal responsibilities as a tenant<\/span><span class=\"NormalTextRun SCXW68293258 BCX0\"> or<\/span> <span class=\"NormalTextRun SCXW68293258 BCX0\">landlord<\/span><\/li><\/ul><p>\u00a0<\/p><p><span class=\"TextRun SCXW89919342 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW89919342 BCX0\">Consequently, it is important for the business to be adequately insured for potential issues arising from the provision of nursing services and operating a business. What is adequate will vary according to the circumstances, which may change over time.<\/span> <span class=\"NormalTextRun SCXW89919342 BCX0\">A business, financial or legal advisor may assist in determining the type and extent of protection or coverage that would be appropriate for the business.<\/span><\/span><span class=\"EOP SCXW89919342 BCX0\" data-ccp-props=\"{&quot;335557856&quot;:16777215,&quot;335559738&quot;:315,&quot;335559739&quot;:315}\">\u00a0<\/span><\/p><p><span class=\"TextRun SCXW211947167 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW211947167 BCX0\">Business <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">liability <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">insurance <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">can be <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">purchased through a commercial insurance broker<\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">. NPs, also have the option of purchasing business liability insurance<\/span><span class=\"NormalTextRun SCXW211947167 BCX0\"> through the Nursing Business Solutions (NBS) program (formerly <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">known as <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">CNPS Business Plus). The NBS program includes different insurance products made available by reputable commercial insurers and brokered by BMS<\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">, and <\/span><span class=\"NormalTextRun SCXW211947167 BCX0\">exclusively available to CNPS beneficiaries. As such, this program is designed to offer business insurance coverage as a complement to the individual professional liability protection services offered by the CNPS.<\/span><span class=\"NormalTextRun SCXW211947167 BCX0\"> You can learn more about the NBS <\/span><\/span><a class=\"Hyperlink SCXW211947167 BCX0\" href=\"https:\/\/cnps.ca\/wp-content\/uploads\/2024\/01\/Nursing_Program-Brochure_2024-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW211947167 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW211947167 BCX0\" data-ccp-charstyle=\"Hyperlink\"><strong>here<\/strong><\/span><\/span><\/a><span class=\"TextRun SCXW211947167 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW211947167 BCX0\">.<\/span><\/span><span class=\"EOP SCXW211947167 BCX0\" data-ccp-props=\"{&quot;335557856&quot;:16777215,&quot;335559738&quot;:315,&quot;335559739&quot;:315}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e8460ae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e8460ae\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-07f5bc5\" data-id=\"07f5bc5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-87187c5 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"87187c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a7d78aa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a7d78aa\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7866ef8\" data-id=\"7866ef8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e6057c0 elementor-widget elementor-widget-text-editor\" data-id=\"e6057c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><span class=\"TextRun SCXW114056422 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW114056422 BCX0\" data-ccp-parastyle=\"heading 4\">Useful resources<\/span><\/span><span class=\"EOP SCXW114056422 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:80,&quot;335559739&quot;:40}\">\u00a0<\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-44002c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"44002c8\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e6680c1\" data-id=\"e6680c1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2cc5e7f elementor-widget elementor-widget-text-editor\" data-id=\"2cc5e7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW202452999 BCX0\" lang=\"EN-CA\" xml:lang=\"EN-CA\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW202452999 BCX0\">More <\/span><span class=\"NormalTextRun SCXW202452999 BCX0\">information<\/span><span class=\"NormalTextRun SCXW202452999 BCX0\"> related to professional and business liability insurance<\/span> <span class=\"NormalTextRun SCXW202452999 BCX0\">can be found on<\/span><span class=\"NormalTextRun SCXW202452999 BCX0\"> the following CNPS webpages:<\/span><\/span><span class=\"EOP SCXW202452999 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335557856&quot;:16777215,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"16\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><strong><a href=\"https:\/\/cnps.ca\/article\/nurses-in-independent-practice-an-overview\/\" target=\"_blank\" rel=\"noopener\">Nurses in Independent Practice: An Overview<\/a>\u00a0<\/strong><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"16\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><strong><a href=\"https:\/\/cnps.ca\/education\/business-practice\/\" target=\"_blank\" rel=\"noopener\">Nursing Business Solutions<\/a>\u00a0\u00a0<\/strong><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"16\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><strong><a href=\"https:\/\/cnps.ca\/wp-content\/uploads\/2024\/01\/Nursing_Program-Brochure_2024-2025.pdf\" target=\"_blank\" rel=\"noopener\">Nursing Business Solutions Insurance Program document<\/a>\u00a0<\/strong><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f227b03 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f227b03\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-56ffed6\" data-id=\"56ffed6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8876a50 elementor-widget elementor-widget-spacer\" data-id=\"8876a50\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-da72f6b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"da72f6b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20099d0\" data-id=\"20099d0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d96b877 elementor-widget elementor-widget-text-editor\" data-id=\"d96b877\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Click here for section C: <a href=\"https:\/\/www.nnpbc.com\/np-content\/index.php\/financial-forecasting-and-planning\/\" target=\"_blank\" rel=\"noopener\">Financial Forecasting and Planning<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Selecting an appropriate corporate structure is an important part of strategic and business planning for any medical clinic. This section highlights important elements related to registration requirements and corporate structure.\u00a0\u00a0 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-6490","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages\/6490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/comments?post=6490"}],"version-history":[{"count":8,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages\/6490\/revisions"}],"predecessor-version":[{"id":6686,"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/pages\/6490\/revisions\/6686"}],"wp:attachment":[{"href":"https:\/\/www.nnpbc.com\/np-content\/index.php\/wp-json\/wp\/v2\/media?parent=6490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}