Headquarter's Report: ADA Student Business Plan Competition Offers a Glimpse into a Bright Future for Autonomous Practice

Author: Stephanie Czuhajewski, ADA Executive Director

Thirty-seven Au.D. students, representing 24 universities, are registered to participate in the inaugural ADA Business Plan Competition—a testament to the level of student interest in practice management, and also a clear indication that autonomous practice has a bright future! According to ADA’s 2012 Future Doctors of Audiology Survey, 95 percent of respondents believe that the business training provided by their universities is insufficient, only 70 percent of respondents have completed a clinical rotation in a private practice, while 90 percent of respondents believe that autonomous practice models will help ensure the future of the profession of audiology.

ADA established the Student Business Plan Competition in order to provide future audiologists with a meaningful opportunity to hone their business skills, while allowing them to showcase their talent and creativity. ADA’s objective is to ensure that students are fully prepared for the world of autonomous practice upon graduation.

Registered ADA Business Plan Competition participants include:
  • Robert Allen & Sarah Kate Fisher, Auburn University
  • Kinnaly Amodio, SDSU/UCSD
  • Devin G. Anderson, Arizona State University
  • Eric Barrett, Northwestern
  • Justin Burwinkel, University of Cincinnati
  • Lindsay R. Bush, Auburn University
  • Nicole Butler, Idaho State University
  • Lori Cameron, University at Buffalo
  • Jeffrey Cooper, A.T. Still University
  • Andrew Couch, University of Arizona
  • Rachel L. Crout, Auburn University
  • Kathryn Daar, Northeast Ohio Au.D. Consortium
  • Katie Englehart, Northeast Ohio Au.D. Consortium
  • Rachel Magann Faivre & Elizabeth Tusler, Northern Illinois University
  • Nada Hanna, University of South Florida
  • Ashley Hughes, University of Illinois at Urbana-Champaign
  • Lana Joseph, Washington University St. Louis School of Medicine
  • Patrick Kelly, Northeast Ohio Au.D. Consortium
  • Sejal Kuvadia, Rush University
  • Lisa Mariello-Baiada, Salus University
  • Dana Matthyssen, Missouri State University
  • Michelle McLain, Washington University St. Louis School of Medicine
  • Caleb McNiece, University of Memphis
  • Chasity Moore, Arizona State University
  • Stacy O'Brien, University of South Florida
  • Star Lange Richey, Northeast Ohio AuD Consortium
  • Jay Richman & Ryan Euer, A.T. Still University
  • William Roach and Michael Hammerbacher, Nova Southeastern University
  • Lyndsey Spencer, Salus University
  • Rebecca Thiesse, University of Massachusetts
  • Sally Vollner, University of Cincinnati
  • Sarah Williams, UT Austin
  • Brianne E. Wright, A.T. Still University
Over the past three years, ADA student membership has grown from 50 to approximately 370 student members, most of whom have a strong interest in private practice. Widespread student participation in ADA and this competition demonstrate the growing interest in autonomous practice among Au.D. students. ADA would like to thank EarQ for underwriting this important competition to help ensure that future audiologists are able to develop business skills and confidence before entering practice.

ADA Business Plan Competition participants may compete as sole owners (1-person team) or as partners (2-person team). ADA Business Plan Competition contestants will be required to submit a written business plan using Small Business Administration guidelines.

Business plans will be judged based on the following criteria:
  • Creativity
  • Feasibility
  • Completeness
  • Cohesiveness throughout the document
  • Professionalism and polish
Five finalists will receive an all-expense paid trip to the ADA 2013 Annual Convention at the Hyatt Coconut Point Resort in Bonita Springs, Florida, where they will present their business plans in person to a live audience and a panel of judges on Saturday, November 9th. The Grand Prize Winner/Team will receive a $5,000 ADA cash grant to be used to advance business objectives and enhance business and leadership skills.

Mark your calendar, register for the ADA 2013 Convention and support the future of our profession at this important event!