A massage practitioner has obtained required licenses and permits for her business location. The type of business that was set up was a sole proprietorship with a DBA.(doing business as). She has developed her business checking account and tax plan with the assistance of an attorney. She also has contacted a local insurance agent to obtain appropriate insurance. She is a member of a professional organization that supplies professional liability insurance. She has a marketing plan and client practitioner agreements. What step is missing?
A
Retirement investment plan
explanation
Self-employed practitioners need to fund their own retirement.
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