Healthcare Business Plan
Assignment #2: Health Care Business Plan
Due: Week 9
For this Assignment #2 “Heath Care Business Plan” you will have to complete a formal paper about your fictional Healthcare Business. The business plan must be related to the healthcare field (e.g., a doctor’s office, a home healthcare practice, a new hospital, etc.). This assignment is worth 100 points (20%) of your course weighted grade.
A businesses plan basic components include a current and pro forma balance sheet, an income statement and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make the right decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan package. Additionally, it can tell your sales personnel, suppliers and others about your operations and goals. Your business plan should precisely define your business, identify your goals and serves as your companies resume.
Use the following questions below as a template and answer all questions. This paper requires correct grammar, punctuation, and APA format. This assignment is worth 100 points (20%) of your course grade. Points are for thorough content, creativity in the formal paper and correct use of APA format. You are required to have a minimum of Three (3) references and your references can be from refereed peer reviewed journal articles, textbooks, and or credible Internet sources.
This assignment requires 10-20 pages (Excluding Title and Reference Page). The assignment should be APA format, typed and submitted on a Word Document, font size 12 font, font names that should be used are times new roman or Calabria (not both), normal margins (no more than 1 inch), double spaced.
Do not wait to begin working on your business plan, as it will take some time to complete.
The business plan should include the following components:
- The name of your business
- A description of your business. Describe your idea; purpose, mission, vision, background information, and description of the product and or service. The business must be related to the healthcare field (e.g., a doctor’s office, a home healthcare practice, a new hospital, etc.) Discuss how your business will meet a significant marketplace need or solve a problem or challenge that currently exists in the community. Discuss why you believe it is worth pursuing.