NSG7015 - Week 9 Project: Business Plan You will develop a mini... | Nursing
Business Plan
You will develop a mini business plan for a new service or product within your healthcare facility or a healthcare facility you are familiar with
Jun 02, 2025
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Business Plan
You will 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 9- to 10-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.
I have created a business plan template which may be helpful to you. I have attached the document to this post. You are not required to use this document and feel free to edit as needed to adequately present your project or new service. I am not looking for actual costs or revenues per se. Do not spend a lot of time finding the exact costs of items as estimates are acceptable. However, calculations need to be correct.
The purpose of this assignment is to demonstrate your understanding of financial concepts and ability to apply them through the development of a business plan/proposal.
Business Plan Grading Rubric
Maximum Points: 160
- Discussed the need for the service, factors impacting the need for the service, fiscal planning issues, and human capital issues and needs: 20
- Provided an overview of the product or the service: 20
- Analyzed the market and explained why this product or service is necessary and how much you will get paid for selling the product or providing this service: 20
- Created an operational budget: 20
- Created a capital budget, including major purchases required: 20
- Created a human resource cost budget, accounting for the staff required from other departments: 20
- Summarized why this product or service should be given the green light: 20
- Used correct spelling, grammar, professional vocabulary, and writing mechanics. Cited all sources using APA format: 20
Total: 160
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