Health+Care+Delivery

=**Business Resources**= How to Win Friends and Influence People by Dale Carnegie Writings by Peter Drucker (The "Father of Management")

APTA: Marketing to Consumers and Healthcare Professionals; Owning and Managing a Practice

How to read a financial statement: Khan Academy : Business tutorials on economics, finance and entrepreneurship U.S. Small Business Administration: Opens the door to Resource on Starting and Managing a Business, Training Opportunities, etc.








 * Glossary of Business Terms **
 * Assets -** Economic resources of the company (equipment, building, land, supplies, etc.)
 * Balance Sheet -** a financial "snapshot" of a business' assets, liabilities and owners' equity at a specific point in time.
 * Break Even Analysis -** A financial assessment to determine when an investment/program/business will become profitable or exceed the initial investment.
 * Capital Expenditures -** An expense incurred to purchase assets (equipment, buildings, etc) to add value to the business.
 * Cash Flow Statement -** A financial statement showing cash flows in and out of the business; breaks down operating, investing and financing activities.
 * Corporation -** A legal entity owned by shareholders who hold ownership interests.
 * Demand -** The quantity of a product or service that is desired by buyers.
 * Depreciation -** A decrease in the value of an asset over time.
 * Equity -** The owners' interest in the business.
 * Expenses -** Costs incurred by a business during operations.
 * Feasibility Study -** An analysis and evaluation of a proposed project to determine if technically feasible and profitable.
 * Fixed Costs -** An expense a business incurs from operations that does not change based on increases/decreases in business (eg, light bill).
 * Gantt Chart -** A horizontal bar chart that provides graphical illustration of a schedule used to plan, coordinate and track specific tasks in a project.
 * Gross - ** Revenues without expenses subtracted out
 * Income Statements -** A financial statement showing profitability of a business during a stated time interval.
 * Liabilities -** Amounts owed to others for goods or services (loans, unpaid bills, etc.).
 * Limited Liability Corporation -** An entity that provides limited liability for owners with tax benefits and the flexibility of a partnership.
 * Loss Leader -** A product or service that operates at a loss, but can be effective in introducing customers to other products or services with the intent to create increased foot traffic or business.
 * Macroeconomics -** Economics looking at behavior and structure of the economy as a whole, rather than at the individual level.
 * Marketing -** Communicating the value of a product, service, or brand to promoting or selling it.
 * Microeconomics -** Economics looking at how behavior of individuals and small organizations affect the economy on a large scale.
 * Net Operating Income -** When revenues exceed expenses in a given time frame (monthly, yearly) and an income is realized from business operations.
 * Oppor****tunity Cost -** The value of an business alternative that is not chosen in favor of another option.
 * Payables - ** Liabilities related to goods and/or services that have not yet been paid (eg, the cleaning service expense before payment is made)
 * PERT Chart -** A scheduling tool used in project management to demonstrate the dependencies and flow of project events.
 * Receivables -** Assets that have not yet been received (eg, insurance reimbursements)
 * Return on Investment -** The profit generated by an investment into a project or business; typically expressed as a percentage of the original investment.
 * Revenues -** Fees earned during a period of time.
 * Sole Proprietorship -** A one-person business that is not registered with the state.
 * Start up costs -** Expenses incurred by a business to begin operation of the business or a program.
 * Supply -** The amount of a product or service that is available in the market.
 * SWOT Analysis -** An internal assessment tool used by businesses to assess strengths, weakness, opportunities and threats for the business.
 * Variable Expenses - ** An expense a business incurs from operations whose value fluctuates based on productivity (eg, theraband or electrode expense).