Health Care Business Plan

Description You are preparing a presentation for your executive leadership team. 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 200 points. A business plan’s basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It allows leaders to make appropriate resource allocations, handle unforeseen complications, and make efficient, logical, evidence-based 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 inform sales personnel, suppliers and others about your operations and goals. Your business plan should precisely define your business and identify your goals. It serves as your company’s resume. Use the following questions below as a template and answer all questions. This presentation requires correct grammar, punctuation, and APA format, including in-text citation and reference list. This assignment is worth 200 points and is a GROUP project (same grade for all group participants). Points are for thorough content, creativity in the formal PPT and correct use of APA format. You are required to have a minimum of three (3) references and your references must from any combination of refereed peer reviewed journal articles, textbooks, and or credible Internet sources. This assignment requires 10-20 slides (excluding Title and Reference Slide). The assignment should be APA format, typed and submitted on a PowerPoint. The business plan should include the following main elements: 1. Title Page 2. Table of Contents 3. Organizational Plan (see Exhibit 25-3): a. Describe your business. Name it. 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.) b. Physical location where service and/or equipment that will be provided c. The department responsible for the budget d. The division responsible for operations e. The directly responsible supervisor f. Composition of the overall management team 4. Marketing Plan (see Exhibit 25-4): a. Healthcare providers who will use the service or equipment b. New and/or established patients who will use the service or equipment c. Estimated portion of the market to be captured d. Competition and its impact 5. Financial Plan (Fictional) a. The financial analysis for a business plan should contain a forcast of operations. b. This section should contain the numbers that illustrate how the service is expected to operate over an initial period of time (based on the requirements of your fictional organization). c. It’s possible your financial plan will at minimum have a cash flow statement and could possibly also require a balance sheet and an income statement. 6. Executive Summary a. The executive summary should contain a well-written and concise summary of the entire plan. The Executive summary can be first or last in your presentation. i. Concise summary ii. SWOT analysis iii. Discuss risks and or uncertainties within your proposal: outline what you believe are the most significant risks and uncertainties that you are likely to experience in bringing your idea to market or growing current service and discuss strategies to address them. iv. Discuss your assessment of whether or not your business service is likely to be successful, including the criteria for success and how the business service measures up against that criteria. 7. Reference Slide (APA format) a. Three (3) references (including citations throughout your document) in the body of the presentation. b. FIU Writing Center Review Grading Rubric: Healthcare Business Plan Assignment This assignment requires 10-20 slides (Excluding Title and Reference Slide). The assignment should be APA format, typed and submitted on a PPT. Content Reference Page: Proper APA format for Three (3) references and citations in the body of the presentation is seen. Citations/references can come from a refereed/peer review journal article, course textbook, and or an Internet source. College level writing seen which includes; Complete sentences, proper grammar, spelling, punctuation, mechanics and APA formatting