Choosing the appropriate business structure—whether it’s a sole proprietorship, LLC, partnership, S corporation, or C corporation—is one of the most important financial decisions a business owner can make. The structure you select impacts how your business is taxed, how you pay yourself, and how you build long-term personal wealth.

This video is designed to help small business owners, entrepreneurs, and practice owners navigate the pros and cons of each business entity type. You’ll learn the key differences between pass-through entities and corporations, what “double taxation” really means, and how to use your business income more strategically.

In this video, you’ll discover:

  • Tax differences between LLCs, S corps, and C corps
  • Common mistakes business owners make when taking income
  • How to avoid unnecessary taxes and keep more of what you earn
  • Smart strategies to build wealth from your business—not just rely on selling it later

Whether you’re forming a new business or restructuring an existing one, these videos provide clear, actionable advice to help you work to protect your income, reduce taxes, and build long-term financial security.

Ideal for:
Small business owners, entrepreneurs, consultants, and anyone looking to better understand business entities and financial planning.

Video Recap:

When most veterinary practice owners think about exiting their business, they picture retirement or selling to a corporate group. But exit planning isn’t just something to think about in your final years—it’s a foundational part of running a healthy, profitable practice from day one.

Whether you’re just starting out or already thinking about your next chapter, here’s why early exit planning matters.

This material is intended for general public use. By providing this content, Park Avenue Securities LLC and your financial representative are not undertaking to provide investment advice or make a recommendation for a specific individual or situation, or to otherwise act in a fiduciary capacity. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Tom is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Florida Veterinary Advisors is not an affiliate or subsidiary of PAS or Guardian. California Insurance License #0K80141. AR Insurance License #15823672. Florida Veterinary Advisors is not registered in any state or with the U.S. Securities and Exchange Commission as a Registered Investment Advisor. The individuals associated with Florida Veterinary Advisors do not maintain specialized licenses or qualifications for the financial services provided to veterinary professionals. 7987039.1 Exp 5/27