Health and Fitness26 Feb 2010 04:10 pm
Application of Practice management
Practice management is the application of the principles of business management to the running of a practice. There are types of practice; it could be a medical practice, a law practice, an accountancy practice or any other type of professional practice. The problem with most professionals is that they are usually very good at what they do in their professional discipline but they have no idea on business management. They probably have at least a degree in their chosen field, attend continuing education in their chosen field and they read professional journals as well yet all of these does not provide them to run a business. Therefore, practice management is a discipline to help them as an application.