Business: Introduction to the practice of business and current practice styles

Begin your own glossary of terms for future use. Define not only the terms in the OCA glossary, but also the following: accounting, financing, income statement, balance sheet, marketing, budget, entrepreneurship, human resources, strategic management, operations management, systems management.

In your narrative, describe any business experience you have had to date, either as an actor, a participant or as an observer. Using the results from your self-assessment, analyze your strengths and weaknesses; reflect on how this would affect your future as an entrepreneur. Describe the type of practice you would like to have. *Note: Please include a copy of the results of your self-assessment.

Your assignment, NOT including the glossary, should not exceed 1 – 2 pages [500 – 600 words, Times New Roman, 12 font, single spaced] in length and should be referenced according to the Vancouver method.
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Readings: Required:

Go to the Ontario Chiropractic Association website, log in as a member, go to Resource Centre and click on Business resources: https://www.chiropractic.on.ca/banking
Review the Glossary, Banking, Accounting, Financial assessment sections and their subsites.

http://en.wikipedia.org/wiki/Business_acumen

https://www.acponline.org/residents_fellows/career_counseling/types.htm

https://www.cma.ca/En/Pages/new-in-practice-guide-2015.aspx
Read Ch.2: Types of Practice and Overhead

http://www.bdc.ca/EN/articles-tools/entrepreneur-toolkit/business-assessments/Pages/self-assessment-test-your-entrepreneurial-potential.aspx – Complete prior to beginning your assignment

Recommended:
http://cco.on.ca/english/Members-of-CCO/Guidelines/ [or the business guidelines in your home province]

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