Describe your idea; purpose, mission, vision, background information, and description of the product and or service.
Describe your idea; purpose, mission, vision, background information, and description of the product and or service.
For this Assignment you are required to write a business plan. The business plan should be 5–10 pages (excluding title page, table of content and reference page). This Assignment will be due at the end of Unit 9. Do not wait to begin working on your business plan, as it will take some time to complete.
The business plan must be in APA format and all references must be in a reference page. Submit your plan to the Unit 9 Assignment Dropbox.
The business plan should include the following components:
A.The name of your business
B.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.
C.Targeted location (Where you would propose to establish this business and explain your reasoning).
D.Market analysis: Define the target market for your idea, why you think it exists, what you believe to be the size of the market demand for your idea, and who your competitors will be. Discuss how you would bring your product or service to market (how you would go about building or developing your product, service or idea into a real, tangible product or service that customers would want and buy). Perform a S.W.O.T. Analysis.
E.Budget: Create a budget that shows and discuss what it would cost in terms of time and resources to bring it to market and make it available to the public. In doing so, outline your plans to mange revenue (compliance management), manufacture the product or perform the service (including the proposed manufacturing process or method of performing the service) and your projection of the production costs, which may include: material labor, employees, salaries, equipment facility, etc).
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