I was wondering if anyone has visited this issue in the past. For those of us who own their own optical shops while also running an optometric or ophthalmological practice; can the optical business be considered a totally separate business? I seem to recall that most regulatory agencies will not consider a business as separate if that business relies exclusively on referrals from the main business. However, I also heard that if the optical shop is not 100% owned by the doctor it could be considered a separate business (I seem to recall 79% ownership as the cutoff point). There are many tax ,pension, and asset protection implications in this topic and it can get complicated. The ultimate goal would be to create a second, totally independent incorporated company with its own employees.
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