W2 vs 1099 in PT Clinics: The Costly Mistake Owners Keep Making
Manage episode 513075491 series 3573999
Every PT owner hits this question: ๐๐ค ๐ฐ๐ณ ๐ฃ๐ข๐ซ๐ซ?
And almost every time, they get it wrong.
Hereโs the truth โ in 99% of cases, PTs should be W2.
In this video, Dr. Joey Allbritton breaks down the ๐๐ต๐ฟ๐ฒ๐ฒ ๐โ๐ ๐ผ๐ณ ๐ฐ๐น๐ฎ๐๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ปโControl, Cash, Connectionsโ and why most PT owners hurt themselves (and their teams) chasing the 1099 ๐ด๐ฉ๐ฐ๐ณ๐ต๐ค๐ถ๐ต.
๐ช๐ต๐ฎ๐ ๐๐ผ๐โ๐น๐น ๐ฑ๐ถ๐๐ฐ๐ผ๐๐ฒ๐ฟ:
โ ๏ธ Why โalmost nothingโ in PT is truly a 1099
โ ๏ธ The fines and risks of misclassification
โ ๏ธ Why unicorn 1099 hires arenโt a growth model
โ ๏ธ How to build profitability with W2 and benefits
โ ๏ธ What to fix if you โcanโt affordโ W2
Timestamps:
00:00 โ The 1099 vs. W2 debate in PT clinics
00:22 โ Why Skool group questions come first
00:49 โ Peteโs question: advantages & drawbacks
01:17 โ Why almost nothing classifies as 1099
01:42 โ The three Cโs: Control, Cash, Connections
02:35 โ Why mobile PT is still a gray area
03:03 โ How salons vs. PT differ in classification
03:28 โ The 3 real problems PT owners face
03:59 โ Why Rehab CEOs flipped to a 28-day free trial
04:49 โ State differences in enforcement
06:36 โ Why W2 = culture + buy-in
07:27 โ The risk owners push onto providers
08:22 โ Overpaying evals to โmake upโ for no benefits
09:19 โ Why your revenue-per-visit math doesnโt work
09:47 โ Why unicorn hires arenโt a business model
10:45 โ Fix systems before worrying about hiring status
56 episodes

 
 
 
