Development of a mini business plan for a new service or product within your healthcare facility

Development of a mini business plan for a new service or product within your healthcare facility

Develop a mini business plan for a new service or product within your healthcare facility or a healthcare facility you are familiar with (e.g., a hospital, a health clinic, a nursing home, or an outpatient center).

Create a 5-page business plan that:

• Describes the need for the service,

• factors impacting the need for the service,

• fiscal planning issues, and human capital issues and needs.

• Provides an overview of the product or the service.

• Analyze the market, explaining why this product or service is necessary and how much you will get paid for selling the product or providing this service.

• Provides an operational budget.

• Provides a capital budget (major purchases required).

• Provides a human resource cost budget—if you are borrowing staff from other departments, you must account for its costs in the human resource budget.

• Summarizes why this product or service should be given the green light.

Development of a mini business plan for a new service or product within your healthcare facility