Professional Practice Development
Once established in professional practice, practitioners must also manage their business financially and legally. This course covers all aspects related to setting up, starting, and running a practice. From legal requirements to financial aspects, it helps you develop your project and design a plan tailored to creating the space you need to pursue your passion.
Included learning methods:
- E-Learning courses: an interactive, motivating, and effective learning method.
- Printable course workbooks
- Online exams
- Access to the student centre
- Videos and virtual library.
Course content description
Student guide
Introduction – Business Plan
- Introduction
- Why do I need a business plan?
- Who is this business plan for?
- What should your plan include?
- Writing your business plan
- Step-by-step business plan writing
The steps
Summary Proposal (Executive Summary)
- Table of contents
1. The idea
2. You and your partners
- a. Your résumé
- The other résumés
- Your personal balance sheet
- Your credit history
- Your monthly payments
- Organizational chart
3. The market
- The source(s) of your information
4. Competition
- a. Number of competitors and their locations
- b. Population density of the area
- c. Strengths and weaknesses of your competitors
- d. Your position compared to your competitors
5. Clients
- a. Socio-demographic characteristics
- b. Description of the targeted social class
- c. Relevant characteristics
- d. Buying behaviours
- e. Trends, fads, influences
6. Office setup
7. The environment
- a. Legal
- b. Social and cultural
- c. Technological
- d. Economic
- e. Demographic
- f. Ecological
8. Your professional services
- a. Needs addressed by your services
- b. Needs expressed by the targeted market segment
- c. Characteristics of your services
- d. Range of services
- e. Strengths and weaknesses of your services
- f. Follow-up on your services
- g. Fees for your consultation services
- h. Technologies
- i. Innovations
9. Advertising and sales force
- a. Advertising
- b. Sales force
- c. Suppliers
10. Finances
- Opening balance sheet
- Break-even point
- Funding needs and sources
- Financial analysis
11. Legal considerations
- The legal form of your business
- The partnership agreement, agreement between owners
- Professionals to consult
- Lease
- Mortgage
12. Permits
- Pooling or association contract if applicable
- Professional support
13. Appendices
- a. Your personal assets
- b. Partners’ personal assets
- c. Market study
- d. Survey
- e. Hypothesis in case of emergency
- Knowledge review
- Activity 1
Law and regulations
- Introduction
- Level of regulation
- The scope of your practice
- The professional approach
- Conclusion
- Knowledge review
- Activity 2
Accounting
- Introduction
- An accounting system
- Self-employed worker
- Registered company
- Bookkeeping
- Knowledge review
- Activity 3
Insurance and Associations
- Introduction
- Malpractice insurance
- Insurance for your furniture
- Insurance for your inventory
- Life insurance
- Salary insurance
- Consultation reimbursement
- Associations
- What to look for in an association
- Code of ethics
- Knowledge review
- Activity 4
Marketing & Advertising
- Introduction
- Marketing plan
- Your image
- Media
- Knowledge review
- Activity 5
Professionalism
- Introduction
- Self-presentation
- Facility presentation
- Language
- Client file
- Follow-up file
- Consent form
- Changing consultation fees
- Supervision
- Conclusion
- How much should you charge for a consultation?
- Your annual income
- Your number of consultations per year
- Calculation of basic consultation fee
- Years of experience
- Your efficiency rate with clients
- Variable costs
- Barter
- Knowledge review
- Activity 6
Pharmacy/Dispensary
- Introduction
- Why a dispensary?
- Revenue
- Fast service for your clients
- The specificity of your products
- Lack of resources in your environment
- The law
- Drawbacks of a dispensary
- The basics of a dispensary
- – Vitamins
- – Minerals
- – Multi-vitamins
- – Phytotherapy complexes
- – Homeopathic complexes
- – Digestive aids
- The quality of your products
- Questions to ask to verify product quality
- The quality of your supplier
- The number of your suppliers
- Questions to ask to verify a company's quality
- Discount policy
- Conclusion
- Knowledge review
- Activities
Conclusion
- Activity Answer Key Graded activities
