Dr Qian Xu discusses the differences between setting up your business as a sole trader or a
limited company.
In my experience, I have found that most aesthetic practitioners have very limited business and accounting knowledge when they first start their aesthetic journey. I certainly don’t remember any lectures these topics in medical school. After attending an injectables foundation day, students often leave the training room full of excitement; however, as soon as they arrive home, their minds are filled with hundreds of questions about how they actually get started. I often carry out one-to-one clinical mentoring sessions as part of an aesthetics injectables Level 7 qualification course, and one of the things I get asked a lot by my students is, ‘When should I consider changing to a limited company?’. As there is a lot of information out there on this topic, it can be overwhelming for…