| Physical therapy owners are primarily therapists | | | | for your business. |
| who have a passion to help others and don't really | | | | Owners need to know what direction their clinic |
| think of their practice as a business. As in any | | | | will go and how to make a plan to get there. Also, |
| business, you need to establish a plan and have a | | | | how it affects the community, as well as have a |
| way to monitor the progress of your plan. | | | | set of core beliefs that will be the backbone of |
| The key component to a physical therapy | | | | the clinical practice. |
| business is the strategy or guideline by which the | | | | A good, well thought out plan will enable the |
| physical therapy center can evolve. This plan is a | | | | owner to distinguish good opportunities from bad |
| way to keep on track with the goals and | | | | ones and be able to guide the business towards |
| destination you want to take your business. | | | | the future. It will allow for easy evaluation and be |
| Because physical therapy is such a dynamic field, | | | | adaptable to the changing trends in the field of |
| the business plan also needs to be dynamic and | | | | healthcare. |
| adapt to different changes and flexible enough to | | | | The plan needs to detail the systems, operations, |
| be re-evaluated and changed to accommodate | | | | the structure, the treatments, the overhead, the |
| the changing times. | | | | funding, projected growth and earnings. There |
| The business plan should be like a step-by-step | | | | also needs to be contingency plans in case the |
| plan that can be followed like a story. It should | | | | practice needs to make immediate changes. |
| outline specific goals, achievements, growth plans | | | | A physical therapy business needs a plan that is |
| and the direction you want to take your business. | | | | written down. Make that first step in planning and |
| One unique way to plan your business is to | | | | recording everything that is needed in a thriving |
| imagine what you envision your practice to be, | | | | physical therapy center. Every detail of the |
| then work your way backwards to make a step | | | | practice should be outlined so the plan can be |
| by step outline that will build up to your dream | | | | easily implemented and flaws or errors can be |
| physical therapy business. | | | | corrected in the early stages of the business |
| Physical therapy clinic owners need to begin with a | | | | development. |
| focused plan and purpose for operating their | | | | Make the plan write it down and stick to it. If |
| physical therapy business. They need to be | | | | things aren't going according to plan, re-evaluate, |
| grounded and clear about the reasons why they | | | | make changes and implement the plan again. Be |
| set up their own business. That is why a mission | | | | dynamic and allow yourself to be flexible to adapt |
| statement is a valuable method to write down | | | | to the business environment. A business plan is |
| how and why you are running your business and | | | | your guide to your future dreams. |
| at the same time it is a reminder of your goals | | | | |