Physical Therapy Entrepreneurship
As jobs in professional services have become harder to find, more students are creating their own businesses. In the Physical Therapy program, students are exposed to the advantages and disadvantages of having to start their own businesses to further their careers. Meet with and listen to people who have started successful PT businesses.
As part of the physical therapy education at Northeastern, each physical therapy student is required to take a Business Management course specifically designed for PT students. Each summer approximately 100 sixth-year physical therapy students enroll in this eight-week course, which presents information related to opening and operating a business and takes students through the process of writing a business plan. Some topics include financing, reimbursement, marketing and operations management. Students work in small groups and at the end of the semester, they present their business plans to the "investors." Fellow students and three professors then vote on the business in which they would be most likely to invest. The presentation provides an opportunity for students to display their work, share ideas and practice presentation skills.
Many of the physical therapy students have expressed a desire to open a physical therapy clinic or business after graduation and this course provides the tools and experience to develop a business plan and research the feasibility of such a business.
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