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4. Models of Independent Practice

4.1 Independent practice may take any of the following forms:

  • self-employed
  • sole traders
  • partnership
  • limited  liability partnerships (LLP)
  • limited liability companies (LLC)
  • franchisor
  • franchisee

4.2 Members are advised to seek advice from appropriate sources as to which model is suitable for their own particular practice. Further information on business models can be found at www.businesslink.gov.uk. This site is large and the ‘starting up’ page may be of particular help to those new to independent practice.

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