13 May Week 2 Assignment 1: Business and Financial Research Part A: Writing a Business Plan for NP practice
Business concepts and business development are not routinely a part of nursing education at the undergraduate or graduate level. Business plans are vital if a business is to have a chance to succeed. Many talents of the advanced nurse practitioner are transferable to the development of a business plan. Assessing, identifying problems, developing interventions, implementing solutions, and evaluating activities are equally important to the business plan and to the clinical practice of the nurse practitioner. This project addresses the problem of how nurse practitioners can use their talent to develop a business plan that is sound and can be implemented. The completed project identifies the components of a business plan in business terms and in healthcare terms.
For the first part of your project, write a business plan that includes the following components:
List of services
Evidence of need for those services
Projections for the practice’s income, expenses
Description of the principal movers who are starting the business, including their relevant experience and skills
Organizational plan
Day-to-day operations plan
Investment needs
Potential problems and risks
USE TWO of these 3 INTERNAL SOURCE
Ben-Ner, A., Hamann, D. J., & Ren, T. (2018). Does ownership matter in the selection of service providers? Evidence from nursing home consumer surveys. Nonprofit and Voluntary Sector Quarterly, 47(6), 1271–1295.
Cusson, R. M., Meehan, C., Bourgault, A., & Kelley, T. (2020). Educating the next generation of nurses to be innovators and change agents. Journal of Professional Nursing, 36(2), 13–19.
Buppert, C. (2020). Nurse Practitioner’s Business Practice and Legal Guide (7th ed.). Jones & Bartlett Learning. https://reader2.yuzu.com/books/9781284229936
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